August 23, 2017 / 12:34 AM / 3 months ago

BRIEF-Coca-Cola Amatil posts HY net profit of $140.1 mln

Aug 23 (Reuters) - Coca-cola Amatil Ltd

* HY net profit $140.1 million versus $198.2 million

* HY total revenue $2,474.4 million VS $2,571.8 million

* Medium-term target of mid-single-digit earnings per share growth

* Interim dividend declared of 21.0 cents per share, franked to 70 per cent

* For 2017, additional capital expenditure is expected to be spent on specific initiatives resulting in group capital expenditure of around $365 million

* 2018 group capital expenditure is expected to be similar to 2017

* Expect to generate sufficient free cash flow to support a medium-term dividend payout ratio of over 80 pct

* Anticipated that from 2017, franking will be lower than previous years Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below