Coca-Cola stabilises Australian beverage business

Company News

Coca-Cola Amatil Limited (ASX:CCL) says it has worked hard to stabilise its Australian beverages business, in light of challenging conditions.
 
The company has released its full-year results for the year ended 31 December 2015, reporting a 0.2 per cent increase in Australian beverage sales to $463.8 million. 
 
Non-alcoholic beverage sales in international markets have performed better, with sales in New Zealand and Fiji increasing 7 per cent for the year, and Indonesia and PNG increasing 9.9 per cent.
 
The company has implemented a three-year $100 million cost savings plan with respect to its Australian beverages. 
 
Coca-Cola will pay a final dividend of 23.5 cents per share, compared to 22 cents last year. 

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