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BRIEF-Coca-Cola Amatil updates on NSW container deposit scheme pricing changes
August 18, 2017 / 12:55 AM / a month ago

BRIEF-Coca-Cola Amatil updates on NSW container deposit scheme pricing changes

Aug 18 (Reuters) - Coca-cola Amatil Ltd:

* Notes that scheme coordinator for NSW container deposit scheme has published fees it will charge suppliers

* Refers to fees charged in regard to eligible containers under CDS for first three months of scheme

* Recovery of fees by Coca-Cola Amatil will constitute an additional charge being added to our pricing to customers

* Coca-Cola Amatil intends to recover fees of CDS by passing these through to customers

* Uncertain how customers and consumers will respond to introduction of CDS

* Does not have a reasonable basis to provide a meaningful estimate of impact to future earnings resulting from implementation of CDS

* Scheme coordinator will charge suppliers based on its estimate of supplier’s proportionate share of eligible containers by material type Source text for Eikon: Further company coverage:

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