Original article by Sue Mitchell
The Australian Financial Review – Page: 11 & 26 : 22-Aug-17
Container deposit schemes are due to take effect in a number of Australian states over the next year or so, with the scheme to take effect in New South Wales on 1 December. The schemes are expected to push up the cost of beverages in plastic and glass bottles and aluminium cans, and it is tipped that Coca-Cola Amatil’s yearly EBIT could fall by as much as seven per cent. However, analysts note that CCA could derive some benefit from the scheme, if less expensive brand name and private-label producers in the bottled water sector pass on the full cost of the scheme. This might enable its Mount Franklin brand to regain some of its market share.
COCA-COLA AMATIL LIMITED – ASX CCL, MOUNT FRANKLIN NATURAL, ASAHI BREWERIES LIMITED, MACQUARIE EQUITIES LIMITED, FRUCOR BEVERAGES (AUSTRALIA) PTY LTD, COLES SUPERMARKETS AUSTRALIA PTY LTD, CARLTON AND UNITED BREWERIES, COOPERS BREWERY LIMITED, LION PTY LTD, CITIGROUP PTY LTD, WOOLWORTHS LIMITED – ASX WOW