April 17 (Reuters) - Coca-Cola Amatil Ltd (CCL) :
- TEMPORARILY WITHDRAWING COMPANY'S DIVIDEND PAYOUT RATIO GUIDANCE
- AS AT 31 MARCH, GROUP'S DEBT WAS ABOUT $1.8 BILLION WITH COMMITTED DEBT FACILITIES TOTALLING A$2.6 BILLION
- 1Q2020 VOLUME SHOWED LOW SINGLE DIGIT PERCENTAGE GROWTH ON 1Q2019
- FIRST TWO WEEKS OF 2Q2020 VOLUME REDUCTIONS OF UPTO 30% ON PCP
- NON-CRITICAL PROJECTS HAVE BEEN DEFERRED REDUCING CAPITAL EXPENDITURE FOR FY2020 FROM $300 MILLION TO $200 MILLION
- 1Q2020 EBIT SHOWED MID TEEN PERCENTAGE DECLINE ON 1Q2019
- WITHDRAWN EXPECTATION OF DIVIDEND FRANKING LEVELS BEING ABOVE 50% IN 2021
- WITHDRAWN PREVIOUS COMMENTARY IN RELATION TO EXPECTATION THAT THERE WILL BE NO NET NON-TRADING ITEM CHARGES IN FY2020
- FACILITATING CUSTOMERS TO SELL ONLINE THROUGH FOOD AGGREGATORS & IS WORKING WITH CUSTOMERS TO DEVELOP PAYMENT PLANS WHERE APPROPRIATE
- IMPLEMENTED A NUMBER OF COST MANAGEMENT PROGRAMS DESIGNED TO SAVE OVER $140 MILLION IN 2020
- COST CUT INITIATIVES INCLUDE INCENTIVES REDUCTION, RECRUITMENT FREEZES, REDUCE MARKETING EXPENDITURE, MINIMISING DISCRETIONARY SPEND
News: CCL Coca-Cola Amatil Says Temporarily Withdrawing Company's Dividend Payout Ratio Guidance
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Last
$3.81 |
Change
0.010(0.26%) |
Mkt cap ! $729.8M | |||
| Open | High | Low | Value | Volume |
| $3.84 | $3.86 | $3.80 | $295.3K | 77.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 10000 | 1 |
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| CCL (ASX) Chart |