from this morning's The Australian. Echoing my sentiment about the leadership strength of just 10 years ago. I followed my own advice and tracked a couple down on LinkedIn. One in Melbourne, one in Brisbane. Doing great things outside of CCA, proving that good people can excel anywhere. Be good to get them back into CCA, they'd be great coaches and mentors I believe.
"Citi analysts were less optimistic and retained their “sell” recommendation on the stock, due to the amount of money the company would need to spend in order to restore revenue growth in key markets.
They focused on what they said would be about $10 million in costs as sales staff are added in as part of Mr West’s changes, and said they expected sluggish revenue growth in both Australia and Indonesia in the near term.
Still, Citi analysts said they agreed with the move and see it as Coca Cola restoring the reputation it had on execution a decade ago".
CCL Price at posting:
$8.75 Sentiment: Hold Disclosure: Held
