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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Coca-Cola Amatil Limited    CCL   AU000000CCL2

COCA-COLA AMATIL LIMITED

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Coca Cola Amatil : Indonesia secures five-year partnership with Kentucky Fried Chicken

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12/16/2019 | 06:06pm EDT

PO Box 1895

North Sydney NSW 2060, Australia ccamatil.com

News Release

17 December 2019

NEW BUSINESS WIN: COCA-COLA AMATIL INDONESIA SECURES

FIVE-YEAR PARTNERSHIP WITH KENTUCKY FRIED CHICKEN

Coca-Cola Amatil Indonesia has become the official drinks partner of Kentucky Fried Chicken, with the company's non-alcoholic cold drinks range to roll out in Indonesia's 700 KFC restaurants.

Coca-Cola Amatil Managing Director Indonesia, Mr Kadir Gunduz said the agreement was another great milestone for Amatil's operations.

"As this year marks our 27thyear since we first operate in Indonesia, we have grown our business to be a regional beverage powerhouse in Indonesia," Mr Gunduz said.

"We are always proud of the quality and diverse products portfolio that we can offer to all customers and consumers.

"And we are very happy to be able to expand our business with one of the most popular fast-food restaurants, KFC Indonesia."

The CEO of KFC Indonesia, Mr Shivashish Pandey, said as the leading fast food restaurant in Indonesia, their focus was on bringing special dining experiences to customers by presenting the best products to complement KFC menus.

"That's why we are pleased to collaborate with Coca-Cola Amatil Indonesia in serving the original Coca Cola flavour alongside the original KFC fried chicken," Mr Pandey said.

"We hope that through this partnership, Amatil Indonesia can support us in creating more enjoyable dining moments for our customers and their loved ones."

The five-year partnership also includes a "Taste Better Together" collaboration to encourage small acts of kindness that can influence friends and family in the community. The collaboration includes encouragement for KFC Indonesia patrons to dispose of their litter thoughtfully and be courteous to staff.

Coca-Cola Amatil Indonesia provides beverages for more 200 million consumers via 500,000 customers in modern and traditional markets throughout the country. The business employs 9,500 people and operates eight manufacturing plants, two preform factories and four mega distribution centres nationwide.

Media contact: Patrick Low 0447 121 838

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Net income 2020 292 M 197 M 197 M
Net Debt 2020 1 351 M 908 M 908 M
P/E ratio 2020 21,5x
Yield 2020 2,93%
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EV / Sales 2020 1,70x
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Free-Float 68,6%
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