In my opinion solid result, good and in -depth presentations. I would expected better volume growth in Australian non sparkling beverages and differently weakness in the teas and to go market. Despite the number of alcohol offers numbers are small , maybe there is a distribution issue there.
Still a lot of work out there to turn the company around to generate growth. Ist half 2019 results are going to be interesting whelter the build up in volume is continuing in the non coke brands.
CCL Price at posting:
$8.26 Sentiment: Hold Disclosure: Held