Coca-Cola Amatil see Coke sales rise across Australia

Company News

by Rachael Jones

Coca-Cola Amatil (ASX:CCL) held its AGM today and showed how the decline in beverage sales in NSW has been reversed as they hired almost 100 new sales staff to increase customer engagement via "feet on the street'.

The 97 new sales staff liaise with food shops and convenience stores.

Managing director Alison Watkins says that volumes in the "immediate consumption" channel in metro NSW had risen 2 per cent in the year to date after falling 11 per cent in the year-earlier period.

They also noted significant gains in both cola and water during the year, in particular, Coca-Cola volumes in Australia grew in the second half of 2018, driven by Coca-Cola No Sugar.

Shares in Coca-Cola Amatil (ASX:CCL) are trading 0.68 per cent higher at $8.90.

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.