Manufacturer of soft drinks Coca-Cola Amatil Ltd
(ASX:CCL) says it is confident of achieving high single digit growth in both earnings before interest and tax and net profit after tax for the second half.
The company says its strong first half trading performance has continued during the third quarter with good revenue and volume growth achieved across all business units.
The company says its Australian beverage business achieved solid volume and revenue growth in the third quarter.
While higher customer demand in New Zealand lead to solid volume growth for the quarter with the 5 per cent average price increase taken in July also having a positive effect on earnings.
Coca-Cola Amatil is to release its results for the full year on Tuesday February 16 2010.
Coca-Cola Amatil’s 2008 net profit was its best in five years recording $385.6 million.
