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SPC performance 'improved'

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September 05, 2017

SPC Ardmona has recorded ‘‘improved’’ earnings for its Coca-Cola Amatil owners in the first half of the year.

SPC Ardmona has recorded ‘‘improved’’ earnings for its Coca-Cola Amatil owners in the first half of the year.

CCA’s half yearly report said SPC’s performance had improved due to reduced depreciation but didn’t disclose the figures.

The parent company has recorded a half-yearly after-tax profit of $140million, which is 29 per cent down on its result for the same period last year.

The report said SPC was continuing its transformation into a profitable modern food business.

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