Coca-Cola Amatil H1 Net Profit Up 61%


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Coca-Cola Amatil Ltd (OTC: CCLAY) reported a 61% rise in its first-half profit. Coca-Cola Amatil's net profit for the period surged to 247.2 million Australian dollars (US$258.8 million), from A$153.6 million, in the year-ago period. Its net profit before significant items came in at A$247.1 million, versus analysts' estimates of A$246 million. Coca-Cola Amatil announced its plans to pay an interim dividend of 24 Australian cents per share, versus 22 cents in the prior year.Coca-Cola Amatil shares gained 0.10% to close at $28.94 yesterday.

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Posted In: EarningsNewsDividendsprofit