I don't think a change in management will make a significant difference. Times have changed. Increased awareness about the dangers of sugary drinks, artificial sweeteners and people becoming more cost concious have had a clear impact on the latest results. CCA will find it harder to charge a premium for its products which will impact margins moving forward. Sales volumes should also continue to struggle as more people move away from soft drinks.
CCL Price at posting:
$8.41 Sentiment: Sell Disclosure: Not Held