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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Coca Cola Amatil Limited | ASX:CCL | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 13.30 | 13.29 | 13.31 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
By David Winning
SYDNEY--Australian bottler Coca-Cola Amatil Ltd. (CCL.AU) forecast a 120 million Australian dollar (US$85.6 million) annual loss for its SPC fruit-and-vegetable processing business after booking a hefty impairment charge.
The company said it would record a pretax charge of A$146.9 million in its accounts for the 2018 year, reducing the carrying value of SPC's net assets held for sale to zero.
"This non-cash impairment does not impact the underlying performance of the business or the group's ability to pay dividends," Coca-Cola Amatil said.
The company said it had received strong interest in SPC from buyers, and several Australian and overseas parties have been shortlisted after making initial offers.
-Write to David Winning at david.winning@wsj.com
(END) Dow Jones Newswires
February 17, 2019 17:26 ET (22:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Coca Cola Amatil Chart |
1 Month Coca Cola Amatil Chart |
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