Feb 17 (Reuters) - Coca-Cola Amatil Ltd (CCL) :
- Cca - 2015 financial results (CCL)
- Prelim FY net profit $393.4 million versus $272.1 million
- FY preliminary total revenue $5.19 billion versus $5.03 billion
- Final dividend declared is 23.5 cents, franked to 75.0%
- "Ahead of schedule with our cost-out program, on track to meet our commitment of at least $100 million over three years"
- "Expect the turnaround of Australian beverages business to be gradual, fuelled by strong category and brand programmes in 2016"
- Says short term outlook remains challenging
- "Although we anticipate an increase in volumes in 2016, continued deterioration in Indonesian rupiah versus US dollar will impact profitability"
- "Anticipate 2016 net finance costs to be in line with 2015 due to full year benefit of tccc's US$500 million equity injection in Indonesia"
- "Expect to generate sufficient free cash flow to allow continued targeting of medium term dividend payout ratio of over 80%"
- "Expect to maintain conservative balance sheet position which provides US with flexibility to fund future growth opportunities"
- Says "on track to return to mid single-digit growth in earnings per share (EPS) over the next few years"