CCA expects first half decline because of ‘grocery channel difficulty’
date:May 09, 2013
rall consolidated Australian beverages business expected to report a decline in volume and earnings for the first half due to the poorer grocery channel performance.

When we see competitors discounting more aggressively, we take appropriate action to protect our market position with additional market support and increased promotion activity, Mr Davis said. Whilst this has an impact on short-term price realisation and hence profitability, we believe that in the medium to long-term, it is the rig
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