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MENAFN - - 2/17/2013 12:45:42 PM

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Coca-Cola chief ready for a challenging year

Feb 17, 2013 (Menafn - The Australian Financial Review - ABIX via COMTEX) --Coca-Cola Amatil CEO Terry Davis is prepared for a range of challenges in 2013. There is speculation that he is planning to retire and is preparing the company for a new leader. He is cutting costs through investment in new IT platforms and self-manufacture of bottles. The company aims to increase its share of the beer market and is investigating new beverage products. Analysts predict that underlying net profit will rise by 5.1 per cent to almost A560 million in 2013.

Publication Date: 18 February 2013

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