What the MD is really saying is their product pricing is too high and the consumer does not want to pay CCL's higher prices when there are plenty of cheaper optionsso they need to cut costs out of the layers of expensive management & manufacturing to "try" lift their net profits which imo it wont work.
CCL Price at posting:
$10.61 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)