date:May 09, 2013
ase in the level of price competition from its major competitor since December 2012. The Company said the retail price gap had widened by over ten percentage points compared to the first half period in 2012.
In addition, CCA said category growth had been generally weak as consumer confidence and spending continued to be subdued and grocery retailers had been reducing non-alcoholic beverage inventory levels since Christmas.
Despite the stronger non-grocery business performance, CCA said the ove