Coca-Cola Amatil appoints Woolies exec as CFO

Original article by Sue Mitchell
The Australian Financial Review – Page: 23 : 26-Mar-15

Australian-listed Coca-Cola Amatil (CCA) has advised that Martyn Roberts will replace Nessa O’Sullivan as CFO later in 2015. Roberts has held several executive positions at Woolworths during his seven-year tenure at the retailer, and has previously worked for companies such as Louis Vuitton and Apparel Group. There have been a number of management changes at CCA under current CEO Alison Watkins

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, WOOLWORTHS LIMITED – ASX WOW, APPAREL GROUP PTY LTD, LOUIS VUITTON, THE COCA-COLA COMPANY, SPC ARDMONA LIMITED, RECKITT BENCKISER (AUSTRALIA) PTY LTD

Coca-Cola Amatil appoints Woolies exec as CFO

Original article by Sue Mitchell
The Australian Financial Review – Page: 23 : 26-Mar-15

Australian-listed Coca-Cola Amatil (CCA) has advised that Martyn Roberts will replace Nessa O’Sullivan as CFO later in 2015. Roberts has held several executive positions at Woolworths during his seven-year tenure at the retailer, and has previously worked for companies such as Louis Vuitton and Apparel Group. There have been a number of management changes at CCA under current CEO Alison Watkins

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, WOOLWORTHS LIMITED – ASX WOW, APPAREL GROUP PTY LTD, LOUIS VUITTON, THE COCA-COLA COMPANY, SPC ARDMONA LIMITED, RECKITT BENCKISER (AUSTRALIA) PTY LTD

CCA chief determined to bring back its fizz

Original article by Sue Mitchell
The Australian Financial Review – Page: 13 & 18 : 18-Feb-15

Coca-Cola Amatil has posted a 2014 underlying net profit of $A375.5m, which is 25.3 per cent lower than previously. EBIT was 21.8 per cent lower at $A651.5m and sales were down 1.9 per cent at $A4.94bn. CEO Alison Watkins is upbeat about the group’s outlook in 2015, citing factors such as cost savings and new product launches. Shareholders will receive a final dividend of $A0.22 per share

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, THE COCA-COLA COMPANY, CITIGROUP PTY LTD, ASAHI BREWERIES LIMITED, PEPSICO AUSTRALIA PTY LTD, SCHWEPPES AUSTRALIA PTY LTD, MOUNT FRANKLIN NATURAL

CCA sheds 260 jobs to help cut costs by $100m

Original article by Sue Mitchell
The Australian Financial Review – Page: 15 &20 : 9-Dec-14

Australia-listed Coca-Cola Amatil (CCA) has advised that its EBIT for the second half of 2014 will be higher than the first-half result of $A316.7m. The group’s underlying EBIT for calendar 2013 was $A833m. Meanwhile, CCA will retrench 260 employees in the finance, human resources and IT departments in 2015 as it seeks to achieve further cost savings. CEO Alison Watkins notes that sales of its new products are performing well

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, GRAINCORP LIMITED – ASX GNC, CIMB SECURITIES INTERNATIONAL (AUSTRALIA) PTY LTD, CITIGROUP PTY LTD, THE COCA-COLA COMPANY, PEATS RIDGE WATER PTY LTD, BARISTA BROS

CCA soars as Coke takes stake in Indo

Original article by Sue Mitchell
The Australian Financial Review – Page: 13 & 20 : 31-Oct-14

The Coca-Cola Company will pay $US500m ($A563m) for a 29.4 per cent stake in the Indonesian subsidiary of Australian-listed Coca-Cola Amatil. The deal prompted a rally in CCA shares, which peaked at $A9.25, although some analysts believe that the group should have sought a higher price for the stake. Meanwhile, CCA anticipates that it will achieve earnings growth in 2015

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, THE COCA-COLA COMPANY

That’s Life: jobs to go at CCA

Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 27-Oct-14

Coca-Cola Amatil (CCA) will shortly unveil the results of its strategic review, which was undertaken in response to an earnings downgrade earlier in 2014. The review is expected to result in job cuts, the abolition of some products and brands, and a reduction in capital expenditure. CCA is also believed to be planning to launch the low-calorie Coke Life soft drink, and may consider selling a stake in its Indonesian business to the Coca-Cola Company

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, THE COCA-COLA COMPANY, GRAINCORP LIMITED – ASX GNC, MERRILL LYNCH (AUSTRALIA) PTY LTD, MORNINGSTAR PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED, MOUNT FRANKLIN NATURAL, FRANTELLE, BEAM GLOBAL SPIRITS AND WINE INCORPORATED, GRUPO MODELO SA DE CV, HEINEKEN NV, SUNTORY LIMITED

Leverage from two-tier wages

Original article by Joanna Mather
The Australian Financial Review – Page: 14 : 17-Oct-14

The new enterprise agreements for warehouse staff at Coca-Cola Amatil and Woolworths provide for new employees to be paid lower wages than existing staff. The new agreement for staff at Woolworths’ distribution facility in Brisbane includes a four per cent pay rise for current employees, higher annual leave loadings and an increase in loadings for shift workers

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, WOOLWORTHS LIMITED – ASX WOW, HOLDING REDLICH, AUSTRALIAN DEFENCE FORCE