On 16 October, the Australian Financial Review reported:
"Coca-Cola Amatil volumes improve on hot weather" Record breaking temperatures and aggressive discounting have helped reverse a decline in soft drink volumes at Australia’s largest non-alcoholic beverage bottler, Coca-Cola Amatil, in the September quarter...
Much depends on the company's key trading period in November and December when the run up to Christmas coincides with the onset of summer. The company is a strong business with the largest market share/competitive advantage - current levels are good buying for long term holders. The growth options of Indonesia and beer and the dividend are also good.
CCL Price at posting:
$12.71 Sentiment: Buy Disclosure: Held
