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home / news releases / CCLAF - Coca-Cola Amatil Hit By Coronavirus


CCLAF - Coca-Cola Amatil Hit By Coronavirus

On 26th of May 2020, Coca-Cola Amatil (CCL:ASX) held its AGM and provided a trading update for COVID-19 restrictions. The company guided that the COVID resulted in significant weakness in volumes and revenue in April and the first 3 weeks of May with volumes down in all markets with the On-The-Go channel, higher gross margins, more negatively impacted, although grocery was also impacted by lower store visitation and skew to in-home consumption.

Australian Beverages has a mix of volumes across two main channels, On-The Go and Grocery and Petroleum & Convenience, ~40%

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Stock Information

Company Name: Coca-Cola Amatil
Stock Symbol: CCLAF
Market: OTC

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