Coca-Cola Amatil updates on NSW container deposit scheme pricing changes

Aug 18 (Reuters) - Coca-cola Amatil Ltd (CCL) :

  • Notes that scheme coordinator for NSW container deposit scheme has published fees it will charge suppliers
  • Refers to fees charged in regard to eligible containers under CDS for first three months of scheme
  • Recovery of fees by Coca-Cola Amatil will constitute an additional charge being added to our pricing to customers
  • Coca-Cola Amatil intends to recover fees of CDS by passing these through to customers
  • Uncertain how customers and consumers will respond to introduction of CDS
  • Does not have a reasonable basis to provide a meaningful estimate of impact to future earnings resulting from implementation of CDS
  • Scheme coordinator will charge suppliers based on its estimate of supplier's proportionate share of eligible containers by material type


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