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  • CCL 190214

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    jjonovski
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    CCL reported a 7% fall in FY13 EBIT driven by ongoing price competition in the Australian grocery channel. The price premium of CCL products to Asahi / Schweppes is now 49% (up from 43% in FY12) this is clearly a disappointing result for outgoing CEO Terry Davis. We remain cautious on the stock given the headwinds of strong competition, consumer switching away from carbonated soft drinks.

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    CCL reported a 7% fall in FY13 EBIT driven by ongoing price competition in the Australian grocery channel. The price premium of CCL products to Asahi / Schweppes is now 49% (up from 43% in FY12) this is clearly a disappointing result for outgoing CEO Terry Davis. We remain cautious on the stock given the headwinds of strong competition, consumer switching away from carbonated soft drinks.

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    © All Rights Reserved
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    34 views15 pages

    CCL 190214

    Uploaded by

    jjonovski
    CCL reported a 7% fall in FY13 EBIT driven by ongoing price competition in the Australian grocery channel. The price premium of CCL products to Asahi / Schweppes is now 49% (up from 43% in FY12) this is clearly a disappointing result for outgoing CEO Terry Davis. We remain cautious on the stock given the headwinds of strong competition, consumer switching away from carbonated soft drinks.

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    © All Rights Reserved
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