date:Feb 11, 2014
ounting by both Coca-Cola and Schweppes will take pressure off profit margins in 2014.
CCA will be releasing its full year results within the coming week and analysts are expecting Australian beverage earnings to take a nine percent hit to $570m a direct result of a five percent fall in volume. Group earnings are also expected to fall by 6.5 percent a figure that is consistent with the companys forecast.
The AFR reports that CCA was unable to raise prices last year to cover a 1.7 percent ris