Coca-Cola Amatil (ASX:CCL) see NPAT rise 1.4%

Company News

by Rachael Jones

Coca-Cola Amatil (ASX:CCL) today reported its full year results for 2019, showing ongoing net profit after tax (NPAT) increased to $393.9 million up by 1.4 per cent.

They saw a 6.7 per cent rise in Group trading revenue for continuing operations for the year.

Ongoing earnings before interest and tax (EBIT) increased to $639.3 million, up by 0.8 per cent.

Australian Beverages achieved pleasing progress across multiple areas of the business with an improved EBIT growth trajectory.

The business achieved revenue growth for the first time in seven years.

Shares in Coca-Cola Amatil (ASX:CCL) trading 2.1 per cent higher at $12.29.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.