CCL 0.00% $13.30 coca-cola amatil limited

The A$ has depreciated against the Indonesian rupiah by 8 per...

  1. AFe
    28 Posts.
    The A$ has depreciated against the Indonesian rupiah by 8 per cent so far this year. This will surely be good for investors when profits are repatriated back into Australia.

    Another reason that the A$ depreciation is good for CCL is that it will hurt the supermarkets and their cheap imitations - squeezing already tight profits and reducing their pricing advantage.

 
watchlist Created with Sketch. Add CCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.