Business
Coca-Cola Amatil slumps to a loss, hit by COVID-19 lockdowns – Sydney Morning Herald
Drinks giant Coca-Cola Amatil has swung to an $8.7 million net loss for the June half as pub and restaurant closures hit its sales.
“We experienced unique, market-wide challenges this half, ranging from Australian bushfires and Indonesian floods through to the COVID-19 pandemic which impacted all our businesses,” Coca-Cola Amatil boss Alison Watkins said.
“Despite these challenges, the resilience of our business was demonstrated by our agile response in addressing changes in channel mix and consumer behaviour, enabling us to grow our market share in key product categories,” she said.
“Our financial performance under these …
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