Following Coca-Cola’s announcement that its Q2-2021 net revenues grew by 42 per cent globally for its beverage’s performance, data and analytics platform GlobalData says this is a step forward for beverage manufacturers to achieve pre-pandemic volumes. Read more
Coca-Cola Amatil has joined the global RE100 renewable energy initiative and committed to power its entire operations, spanning six countries, with 100% renewable electricity by by 2025 in Australia and New Zealand.
Coca-Cola in Australia is continuing to reduce its plastic footprint with the introduction of frozen drink cups and lids made entirely from recycled plastic from 2021.
The latest innovation removes problematic polystyrene – plastic that is unable to be recycled and reused – from Coca-Cola’s cold drink portfolio. By the end of 2021, this will reduce the amount of new or “virgin” plastic it uses by 40,000 tonnes since 2017.
“Last year we made some big changes in Australia, including moving all our plastic bottles under one litre to 100 per cent recycled plastic and removing plastic drinking straws and stirrers.” Russell Mahoney, public affairs, communications and sustainability director, Coca-Cola South Pacific said.
“We have a responsibility to reduce our environmental footprint through innovation to help solve the plastic waste issue. Moving our frozen drinks lids and cups to recycled plastic is the next step towards meeting Coca-Cola’s global commitment to reduce plastic waste.”
Coca-Cola Australia also continues this year as the major sponsor of Planet Ark’s National Recycling Week- ‘Recovery – a future beyond the bin’which is taking place from 9 to 15 November.
“It’s encouraging to see big companies like Coca-Cola really step up and take responsibility for the full life cycle of their packaging and committing to using more recycled content.” Rebecca Gilling, Deputy CEO, Planet Ark said. “Replacing virgin plastic with 40,000 tonnes of recycled plastic is not only a huge market signal, it prevents another 40,000 tonnes of virgin material entering our world.”
“This year’s National Recycling Week theme is all about recovery and how we can all recycle and reuse materials – it’s a great fit to Coca-Cola’s commitment to reducing its plastic footprint, and we’re thrilled to be working together again this year,” Gilling said.
Under its World Without Waste vision, Coca-Cola has a global goal to collect and recycle a bottle or can for every one it sells by 2030 and ensuring none of its containers end up in landfill or oceans. Its bottler Coca-Cola Amatil plays a key role in co-ordinating all six operating container deposit schemes (CDS) around Australia.
Coca-Cola also has a global goal to use at least 50 per cent recycled material across its packaging by 2030, with Australia already achieving this goal in plastic bottles.
The new frozen cups and lids made of recycled plastic will be available from early 2021.
Founded in 2017, Wahyoo is focused on digitising and improving the business operations of warung makan – traditional small-scale local eateries and restaurants dedicated to serving Indonesia’s burgeoning working-class population.
Wahyoo works directly with local eateries to improve and digitise their operations, offering digital tools and services to attract customers, enhance marketing efforts, implement loyalty programs, order and receive groceries, manage financial accounts, and provide educational training on best practices through the company’s Wahyoo Academy. Eateries can also earn additional income via advertising and brand partnerships with Wahyoo. Wahyoo last completed an undisclosed Seed financing round in 2019.
Head of Amatil X, Alix Rimington, said the investment in Wahyoo supported the Indonesian business’ broader strategy to be the leading beverage supplier on B2B platforms servicing the important SME sector.
“Our team is actively working with Wahyoo to better understand and service this important customer segment. We are already working with Wahyoo to supply our beverages to warungs across Jakarta and we look forward to building a deeper partnership with Wahyoo as they build out their offer,” she said.
“Our partnership with Wahyoo will help SMEs overcome the digital barrier and spur growth in Indonesia’s ecommerce industry. We are proud to partner with Wahyoo to help digititise the warung market.”
Wahyoo is Amatil X’s second startup investment in Indonesia. It follows an investment earlier this year in Indonesian freight logistics marketplace, Kargo Technologies.
Ms Rimington said Coca-Cola Amatil Indonesia had been on a digital transformation journey since 2015, investing heavily in state-of-the-art systems and technology to support its nation-wide operations.
“Start-ups are setting the pace of innovation, especially in Indonesia, which is fast becoming the start-up capital of Asia. Knowing the scale of our business and our future ambitions, we believe that working with the right partners will help us to face market challenges and capture growth opportunities for the future.”
Peter Shearer, Founder and CEO of Wahyoo said the food and grocery market opportunity in Indonesia was enormous, forecast to hit USD$261 billion by 2021.
“There are almost 35,000 warungs operating in Jakarta alone and we are already servicing one in every four of these businesses.
“With this round of financing, we plan to expand our operations outside of the Greater Jakarta region and build our team, especially the tech and product units. We will continue to add new features and services to our offer to better meet the needs of warung makan owners, including improving supply chain systems and financial products, which are designed to help eateries improve margins and gain access to financial service.
“We are grateful for the strategic support of our backers, including Coca-Cola Amatil, and look forward to helping our warung makan partners create an even bigger impact for both Indonesian business owners and consumers alike,” Mr Shearer said.
Centrapay, the digital asset integrator, has signed agreements with Coca-Cola Amatil (Amatil) in Australia and New Zealand to give thirsty antipodeans the option to use their Sylo Smart Wallet to pay for items across Amatil’s vending network using cryptocurrency.
Centrapay’s world class technology makes it easy for consumers, merchants and machines to leverage digital assets in the physical world. Its platform is designed to help brands connect directly with individuals and increase revenue and operational efficiency for merchants.
Transacting with digital assets also reduces how much people need to touch the vending machine, a major concern during the COVID-19 pandemic.
Coca-Cola Amatil supports 140 brands and 270 million consumers. Amatil’s customers can use their Sylo Smart Wallet at any one of Coca-Cola’s 2000+ vending machines with a QR code payment sticker. These are located across New Zealand and Australia and will accept payments in cryptocurrency or other digital assets with a scan of your phone’s camera when Sylo Smart Wallet is installed. People only need to touch the vending machine once to take their purchase.
Centrapay CEO, Jerome Faury, says that integration complexity and poor user experiences are barriers to adoption of Web 3 technology, such as digital identity and assets.
“We have solved both these issues. Centrapay is pioneering the way to enable this new internet of value and bring its benefits to both consumers and merchants,” he says.
“And it comes with the added benefit of reducing physical contact and addressing the hygiene concerns we’ve all become acutely aware of due to COVID-19.
“At Centrapay, we’re working to create a future where individuals are in control of their own data and digital identity. Brands can connect directly and ethically with people, empowering them to make the right purchasing decision, whilst also supporting their retail and other distribution partners,” said Faury.
“Now we’ve shown how it can work in Australia and New Zealand, we’re looking to grow the business globally. We’ve established a presence in North America and will be targeting the US market next with some world-first innovations.”
The Coca-Cola Foundation has announced a new partnership with Australian Red Cross to support vulnerable members of the community to recover from the social and economic impacts of COVID-19.
The Coca-Cola Foundation is providing $250,000 to support the Red Cross COVID-19 Care Collective which will provide immediate and long-term emotional care and support for Australians who have been hit hardest by the crisis.
“Keeping our social health and wellbeing strong while we live with COVID-19 is so important. When COVID-19 has passed, let’s be in a position where we can look back and celebrate Australia doing its best to build new and creative social resilience at all scales, where we fostered positive behaviours and confidence across the community. Partnerships like these are supporting us to do that,” said Judy Slayter, CEO, Australian Red Cross.
The programs will support those most at risk of the impacts of COVID-19 including socially isolated older Australians, people experiencing homelessness, migrants and refugees.
The Red Cross COVID-19 Care Collective has been formed across business and philanthropic partners to support recovery initiatives including:
- Emergency relief efforts and the delivery of essential services to vulnerable people and communities across Australia;
- Telephone outreach services to offer wellbeing checks on socially isolated and at-risk people (the service is currently supporting 20,000 Australians impacted by the virus);
- Psychological First Aid training for staff, volunteers and corporate partners. This program offers immediate help to people navigating the stress of life after a crisis.
Globally, The Coca-Cola Company, The Coca-Cola Foundation, and local bottlers have pledged over $100 million to support local communities with COVID 19 recovery efforts. This includes over $14 million in donations from The Coca-Cola Foundation to Red Cross projects around the world.
“We are deeply concerned about the growing impact of the novel coronavirus, especially in the most vulnerable parts of our communities,” said Helen Smith Price, president, The Coca-Cola Foundation.
“We support the Red Cross COVID-19 Care Collective and its ongoing assistance for Australians hit hardest by this pandemic.”
In addition to the Foundation’s financial support, the company continues to support local communities, employees, and customers in Australia and New Zealand in a variety of ways. This year, Coca-Cola in Australia, together with The Coca-Cola Foundation and the local Coca-Cola Australia Foundation, will deliver support of over $2.5 million to Aussies in need.
“As we emerge from this crisis together, it is vital that the people who are doing it tough receive both immediate assistance and long-term support,” said Vamsi Mohan Thati, President, Coca-Cola South Pacific.
“Beyond this financial contribution from the Coca-Cola Foundation, we look forward to sharing our resources, networks and people to offer additional support where and when it is needed most,” he said.
Coca-Cola Australia and Coca-Cola Amatil have announced that all Coca-Cola soft drink brands (600ml and below) and all water brands (600ml and below) in Australia are now being produced in 100 per cent recycled plastic bottles. This includes Coca-Cola, Sprite, Fanta, Mount Franklin and Pump.
This follows the announcement earlier in the year that Coca-Cola Amatil will make 7 out of 10 plastic bottles from 100 per cent recycled plastic by the end of 2019. Coca-Cola’s juice and dairy brands are on track to transition and complete the goal before the end of the year.
Committed to helping close the recycling loop, Coca-Cola Australia has also ramped up its efforts to promote recycling to all Australians, announcing its sponsorship of Planet Ark’s National Recycling Week, now in its 24th year.
Russell Mahoney, director of sustainability at Coca-Cola Australia said; “The plastic waste crisis is one of the most pressing issues of our time – one that we’re committed to help solve.
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“We know actions speak louder than words, which is why together with Coca-Cola Amatil we have made a landmark investment in recycled plastic in Australia to help support a viable domestic recycling economy.
“The other important piece of the puzzle is supporting initiatives that encourage Australians to recycle, which is why we’re proud to be working closely with Planet Ark as the major sponsor of National Recycling Week.”
As Australia’s biggest beverage company, Coca-Cola’s move to recycled plastic will significantly reduce the environmental impact of its operations; ensuring plastic from existing bottles is repurposed, while decreasing demand for new plastic.
Peter West, Managing Director of Australian Beverages at Coca-Cola Amatil, said: “Earlier this year we took our strongest step forward in reducing packaging waste by making recycled plastic the norm in 7 out of 10 products in our portfolio.
“Today we are well on track to meet that target and become a market leader in innovation as the first country in the world where all Coca-Cola bottles 600ml and under are made from recycled plastic.
“We’re meeting our target to bring our total use of recycled plastic to 16,000 tonnes this year,” Mr West said.
Ryan Collins, head of sustainability resource programs at Planet Ark and spokesperson for National Recycling Week said, “By using more recycled plastic and encouraging Australians to recycle, Coca-Cola is leading the way and taking responsibility for the end of life of its products. We know this will help stimulate a viable local recycling industry, enabling highly valuable material like PET plastic to be meaningfully repurposed.
“Just like Planet Ark, Coca-Cola does not want to see valuable resources go to waste. It’s a perfect match for National Recycling Week, and we’re thrilled to be working together for the first time this year,” Collins said.
The Coca-Cola Australia Foundation is inviting environmental organisations to apply for a new grant focussed on tackling the issue of marine pollution in Australia.
Submissions will be open from 19 to 30 August with the successful organisation receiving up to $600,000 over a three-year period.
Funding is available to organisations that are working on solutions to tackle the issue of marine pollution in Australian coastal and inland waterways. This reflects the Coca-Cola Australia Foundation’s new mission to create possibilities for a brighter, more sustainable future for Australians today and for generations to come.
Christine Black, Coca-Cola Australia Foundation Board Member and Director of Sustainability at Coca-Cola Australia, said: “Coca-Cola in Australia is committed to keeping plastic from ending up in the ocean or landfill.
“We recognise no one organisation can solve the issue of marine pollution alone. We’re working with many partners locally and globally to help achieve our vision of creating a world without waste.
“We are pleased to announce that the Coca-Cola Australia Foundation’s new mission is focussed on creating a sustainable future for all Australians and we look forward to supporting a new flagship partner.”
As part of its World Without Waste vision, Coca-Cola aims to collect and recycle the equivalent of every bottle or can the company sells globally by 2030; ensuring they do not end up in waterways or landfill. This is supported by the company’s commitment to sustainable packaging, with 70 per cent of its plastic bottles in Australia to be made entirely from recycled plastic by the end of 2019.
This new grant is part of the Coca-Cola Australia Foundation’s Flagship round of funding and is in addition to the 2019 Employee Connected Grants Program. A total of 31 Australian charities are set to receive a share of $700,000 this year, nominated by Coca-Cola Australia and Coca-Cola Amatil employees. This will bring the Foundation’s total number of funds donated via its charity grant programs since 2002 to over $15 million.
Coca-Cola Amatil has announced that the SPC fruit and vegetable processing business (SPC) would be sold to Shepparton Partners Collective and its group of companies (Shepparton Partners Collective) for consideration of $40 million payable at completion.
Taking into account forecasted working capital balances, working capital adjustments to the sale price and costs of disposal, a profit on sale of $10-15 million is expected to be recorded upon completion. Both parties are targeting a completion date before the end of June.
The sale agreement also includes a four-year deferred payment which, subject to business performance, could result in up to an additional $15 million of sale proceeds at that time. Due to the realisation of recognised deferred tax assets, Amatil’s ability to frank dividends will be impacted in the short to medium term. The sale concludes a review and divestment process commenced in August 2018, with the new owners committing to grow the Goulburn Valley-based business and offering employment to all permanent staff.
Group managing director of Coca-Cola Amatil, Alison Watkins, said Shepparton Partners Collective had the right combination of commercial experience, funding support and confidence in the future of SPC.
“This outcome is good news for SPC and good news for the Goulburn Valley,” Watkins said. Watkins said there was strong domestic and international interest during the divestment process, reflecting SPC’s iconic status and the transformation of its manufacturing capacity following a $100 million co-investment between Amatil and the Victorian Government.
“Shepparton Partners Collective recognises the value of SPC’s brands, the opportunities for innovation and category growth in Australia, and its export potential,” Watkins said. “Importantly, they’re also committed to offering ongoing employment to all permanent members of the SPC team.
“This ensures continued access to the world-class capability and experience in fruit and vegetable processing which is brought to the company by SPC managing director Reg Weine and his team.
“On behalf of Amatil, I thank everyone at SPC for their commitment to the business. The combination of Shepparton Partners Collective, Reg and the team ensures SPC is in safe hands.”
Weine welcomed the outcome as an opportunity for SPC to continue its transformation and pursue new opportunities in domestic and international markets.
“In recent years we’ve grown our market share in tomatoes and we recently launched Australia’s first organic canned tomato. Our award-winning functional food range – ProVital continues to grow and gain support with dieticians and our enhanced processing and automation capability has opened up new export markets,” Mr Weine said. “We’re proud of those achievements and we’re confident we can do more.”
The International Food and Beverage Alliance’s (IFBA) has pledged to phase out industrially processed trans-fat from the global food supply by 2023. The commitment sets an interesting precedent with regards to how other ‘food villains’ are tackled in processed foods, says GlobalData, a data and analytics company.
IFBA comprises 12 food and beverage powerhouses including The Coca-Cola Company, McDonald’s, Nestle and Unilever. The pledge comes a year after the World Health Organization (WHO) launched an initiative to provide guidance for all countries on how to remove artificial trans fats from their foods, with a view to eradicating the ingredient worldwide by 2023.
WHO has singled out industrially-produced trans fats as the cause of over 500,000 deaths from coronary heart disease globally each year, and its elimination from the food supply represents a simple and effective way to save lives.
While trans fats are unmistakably linked to a range of harmful outcomes, it is by far the only contributor to dietary-related health problems. As the health impacts of other ingredients such as salt, sugar and saturated fats are increasingly scrutinized, it will be interesting to see how WHO implements similar commitments and, more significantly, how the food and drink giants respond.
Katrina Diamonon, Consumer Insights Analyst at GlobalData, says: “It is far easier for brands to employ other health-promoting initiatives such as portion control, clear nutritional information and responsible marketing. However, enacting changes with regards to product ingredients and formulation is an entirely different undertaking. This trans fat pledge may represent a ‘slippery slope’ that brands will need to navigate if WHO continues to crack down on renowned food villains.”
Coca-Cola Amatil has partnered with three Australian start-ups that have ‘ready-to-go’ ideas to improve delivery efficiency and consumer experience in the Australian market.
Amatil group director of partners, Chris Sullivan, said pilots had been agreed with Bellr, Snooper and Staybil as part of the second phase of the company’s Xcelerate program, designed to test whether combining emerging businesses with Amatil’s established customer base and supply chain footprint would deliver shared value.
“Xcelerate is a great opportunity for us to support the start-up and scale-up sectors and help grow Australia and New Zealand’s community of ideas,” said Sullivan.
“We look for the best and brightest new talent in the areas of sustainable futures, customer experience and route-to-market.
“We then work together to build or grow their concepts into outcomes which delight our shared customers and deliver timely, creative solutions for business.
“Working with Bellr, Snooper and Staybil offers them the chance to pilot products and services in conjunction with an established business. And it gives us the opportunity to test ourselves on how we engage with the start-up community to quickly test new solutions,” said Sullivan.
Xcelerate is one pillar of Coca-Cola Amatil’s corporate venturing platform, Amatil X, which was created in partnership with technology firm BlueChilli, to identify the best ideas to support our business of today and grow our business of tomorrow.
As part of the program, scale-ups receive access to mentoring, a commercial partnership, and Coca-Cola Amatil’s new small supplier payment policy, which is designed to ensure that small suppliers are not disadvantaged from longer payment terms.
Laurie Wespes, founder at Snooper, said through the collaboration the companies are building a platform that will help the FMCG ecosystem improve in-store execution and deliver better shopper experiences in Australia and beyond.
“In only a couple of weeks, Amatil has scaled our solution across five product areas with some of our missions already delivering a 100 x return on investment,” said Wespes.
The three companies joining the Xcelerate program are:
Bellr – a platform for the hospitality industry which help venues and brands attract and retain customers through dynamic venue promotions and tailored loyalty programs, leveraging the emerging trend towards an on-demand cashless economy and increasing use of mobile devices.
Snooper – a crowdsourcing platform for brands and retailers, leveraging a community of 35,000 everyday Australians to collect in-store data and share their experience with brands in real-time via our app.
Staybil – drives operational efficiency by leveraging the combined power of machine learning and enhanced modern mobility. Staybil’s optimisation engine utilises existing but often underutilised enterprise data to drive improvement, improve customer satisfaction, and reduce costs.
Australian beverages manufacturer Coca-Cola Amatil and The Coca-Cola Company acquired 45 per cent minority interest in Australia-based Made Group.
The acquisition of the company, which provides cold-pressed juices, high-protein smoothies, probiotic milk, yoghurts and coconut water, was announced on the 4th of October.
Made Group is known for Australian beverage brands including Cocobella, Rokeby Farms, Impressed and the company’s first brand, NutrientWater, which was launched in 2005.
Through this partnership, Made Group will continue operating independently, while being supported by Coca-Cola Australia and Coca-Cola Amatil to grow market reach and distribution.
Coca-Cola Amatil group managing director Alison Watkins said the company’s aim is to bring the Made range of products to an even wider audience through Coca-Cola’s expertise and reach in distribution.
“There’ll be no changes to the flavours or ingredients. Made Group co-founders Luke Marget and Matt Dennis will stay on in charge of the business and keep doing what they love – developing and producing a fantastic food and beverage range,” said Watkins.
The investment is an important link in the Accelerated Australian Growth Plan for Coca-Cola Amatil and Coca-Cola Australia, which aims to bolster performance in attractive growth categories, embrace innovation and explore mergers or acquisitions where they fit with the existing portfolio, said Watkins.
Made Group co-founder Matt Dennis said the investment was a significant milestone in the company’s 13-year history.
“We are extremely pleased to have such experienced partners in helping unlock scale and growth, while we continue to focus on product innovation to match emerging consumer trends,” said Dennis.
“Our focus on improving the everyday lives of Australians aligns perfectly with Coca Cola’s strategy of becoming a total beverage company.
“To help us accelerate this vision there are currently plans underway to significantly expand our manufacturing footprint in Melbourne with a new 30,000 sqm state-of-the-art production facility in the final stages of development,” he said.
“The winning partnership between the world’s leading non-alcoholic beverage enterprise and Australia’s most entrepreneurial beverage company is made for success,” said Dennis.
Coca-Cola Australia president, Vamsi Mohan, said the investment is yet another example of how Coca-Cola is transforming into a total beverage company.
“We are always looking to offer the new beverages that Australians want,” he said.
“Globally Coca-Cola has shown that we can build successful new brands through both acquisition and our long history of innovation. This investment is a perfect example of our desire to keep doing this in Australia,” said Mohan.
“The Made Group’s capability in agile innovation across its range, which includes premium juices, dairy and coconut water, is the perfect complement to our existing portfolio and growth plans and will help us ensure we provide Australians with beverages for all occasions,” he said.
Coca-Cola Amatil has opened a new bottling and warehouse facility, which is now the company’s largest plant in Australia.
The facility, in Richlands, Queensland, was officially opened on the 2nd of October by Queensland’s premier Annastacia Palaszczuk.
The facility supports hundreds of jobs and it is capable of manufacturing more than 90 million unit cases of drinks for national and export markets each year.
“Queensland has gained an international reputation as a great place to do business which is why Coca-Cola Amatil has developed this $165 million vote of confidence in Queensland,” said Palaszczuk.
“Queensland has low operating costs, a skilled and adaptable workforce, the lowest payroll tax in the nation, generous research and development incentives, excellent transport infrastructure close to Asia and other export links, and a dynamic and stable economy which is expected to reach three per cent growth this financial year.
“The manufacturing giants such as Coca-Cola Amatil are recognising all that’s great about Queensland and are attracted by what my Government is delivering to develop opportunities and grow the economy,” said Palaszczuk.
Coca-Cola Amatil group managing director, Alison Watkins, said the company was proud to be a local manufacturer, and to have headquartered so much of its production in the new facility in Richlands.
“This site is the product of a nationwide search for the best possible location to grow our business,” she said.
“Of all the sites we looked at, Richlands offered the strongest combination of road and port access, efficiency in production, access to east-coast markets and room to grow.
“We also had great engagement with the Queensland Government, which was keen to support manufacturing investment and jobs,” said Watkins.
Coca-Cola Amatil is also partnering with beverage manufacturer Lion to help deliver Queensland’s first container refund scheme.
Minister for Environment Leeanne Enoch said the scheme, known as Containers for Change, will help reduce waste, increase recycling, and create funding and employment opportunities.
“We are proud to have Coca-Cola Amatil on board with Lion to help drive the success of Containers for Change,” said Enoch.
The scheme begins on the 1st of November.
It’s been 80 years since the first Coke bottle rolled off the lines in Australia.
Coca-Cola has grown from one famous drink, four trucks and 10 people, to more than 165 drinks and a network of thousands of employees across the country.
Coca-Cola was invented by Dr. John Pemberton in 1886 in Atlanta USA and first began arriving to Australia in the early 1900s before production began locally.
The first Australian-made bottle of Coca-Cola rolled off the bottling lines in 1938 in a small building on the corner of Crescent and Dowling Streets in Waterloo, Sydney.
Coca-Cola Australia’s Christine Black said the 80-year anniversary was a good opportunity to break the myth that the drinks are shipped all the way from the US.
“Coca-Cola has long been a part of the fabric of Australian culture and community – from the yo-yo craze of the 60s and 70s, the surfabout competitions of the 80s, sponsorship of the Sydney 2000 Olympic Games, our backing of the NRL and AFL and more recently, our proud support for marriage equality with limited-edition ‘Love’ cans,” said Black.
As Australians’ taste has changed over the years, the company has evolved with them.
This evolution can be seen in the expansion of Coca-Cola’s range over the years, from the launch of Fanta in 1955, Diet Coke in 1983 and Coke No Sugar in 2017.
Australians have also often been the first in the world to taste the newest flavours including Coke Ginger, Coke Coffee No Sugar and Coke Orange No Sugar.
Many of the brands produced locally by Coca-Cola have remained popular with Australians for decades including Sprite, Fanta, and Lift.
Others such as Mello Yello, launched in 1979 and TaB, launched in 1963, are part of the company’s proud history of creating drinks to match the times.
Today Coca-Cola Australia has 165 drinks and 25 brands including Coca-Cola, Mount Franklin, Pump, Keri juice and Fuze Tea.
Coca-Cola Australia and Coca-Cola Amatil employ close to 4,000 employees directly and a further 10,000 in the production and supply chain.
For every direct Australian job created, up to four jobs are indirectly generated across the Australian economy contributing approximately $3.5 billion to the local economy every year.
In partnership with Amatil, Coca-Cola’s products are sold through more than 100,000 retailers generating income and jobs around the country.
Coca-Cola Amatil’s half-year results show a strong performance in New Zealand, with the Australian market showing “encouraging signs”.
The half yearly results for 2018, delivered a statutory net profit, after tax, of $158.8 million.
Coca-Cola Amatil group managing director Alison Watkins said the results included an excellent performance in New Zealand and strong performances in Fiji.
There were some encouraging signs in Australian Beverages, with revenue growth and an improving volume trajectory in both sparkling and still beverages, said Watkins.
“The stabilisation of revenue and volume in Australian beverages is consistent with our plans to reinvest cost savings in 2018, as part of the Accelerated Australian Growth Plan. While there is more to be done, we’re pleased with our progress,” she said.
“In Australian beverages we saw volume growth in low and no sugar cola and an increase in value share driven by the transition to Coca-Cola No Sugar. This was accompanied by volume growth in water as well as in sports drinks,” said Watkins.
“We also delivered strong growth in our double down growth areas of energy, adult sparking and value-added dairy. We’ve seen continued good performance from businesses such as New Zealand, Fiji and alcohol and coffee,” she said.
The Indonesian business transformation strategy had not been sufficient to offset soft market conditions, said Watkins.
The business has continued to invest in manufacturing facilities, cold-drink equipment and the rollout of its route-to-market model.
Papua New Guinea delivered revenue and EBIT growth despite cycling favourable economic conditions from the national election in the first half of 2017 and experiencing some operational issues.
The review of SPC growth options coincides with the completion of a four-year, $100m co-investment in SPC in conjunction with the Victorian Government, which included $22m by the Victorian Government and $78 million by Coca-Cola Amatil.
“We believe there are many opportunities for growth in SPC, including new products and markets, future efficiency improvements, and technology and intellectual property. The review will look at how this growth could be unlocked, potentially through a change in ownership, alliances or mergers,” said Watkins.
“Our outlook is broadly consistent with what we presented previously and we remain committed to our shareholder value proposition,” she said.
New Zealand, Fiji and alcohol and coffee are expected to continue delivering growth in line with Coca-Cola’s shareholder value proposition.
In Australia, the Accelerated Growth plan will see continued investment across marketing, execution, cold drink equipment, technology and price.
“This investment, along with the uncertain impact of container deposit schemes in Australia and soft market conditions in Indonesia, will impact Group near-term earnings,” said Watkins.
Packaging provider Sidel has joined forces with Coca-Cola to rejuvenate the Fanta brand with a new shape, applicable to both PET and glass bottles. Read more
Coca-Cola Australia has announced the launch of a brand new flavour, Coca-Cola Raspberry which is available nationally as a limited-edition product from today.
The flavour is an Australian-first and a delicious twist on the classic taste of Coca-Cola. The perfect summertime flavour, Coca-Cola Raspberry has 25 per cent less sugar than Coke Classic in keeping with the company’s commitment to reduce sugar across its range.
“With the warmer months just around the corner, Coca-Cola Raspberry offers Australians a fun and refreshing new flavour that will be a great addition to any summer BBQ or party,” Coca-Cola Australia spokeswoman Lisa Winn said.
Winn said the new flavour will start to roll out to grocery stores in Australia tomorrow.
“Coke Raspberry offers fans the quintessential summer flavour with a delicious splash of raspberry for something new,” she said.
“The taste really speaks to the classic Australian summer – fun, carefree, and refreshing. And with 25 per cent less sugar, it makes for the perfect icy cold summer treat for those watching their sugar intake.”
The new flavour follows its success launch in New Zealand as well as the standout success of Coke’s recent limited edition flavours in Australia, including Coca-Cola Plus Coffee No Sugar and last year’s Coca-Cola Ginger.
“We’ve seen how much Australians have been enjoying our other limited edition flavours, like Coke Plus Coffee and Coke Plus Ginger. Introducing a twist of raspberry seemed like the perfect fit for the Australian summer,” she said.
Ms Winn also hinted that there are more flavours to come from Coca-Cola.
“Australians can expect more exclusive and limited edition flavours in the coming year as we work to create new, delicious combinations to match the diverse tastes of our customers.”
Australians will be the first in the world to taste the new Coca-Cola Plus Coffee – available as a limited edition over summer.
“Australians have a love affair with coffee so we thought why not give them more of what they want – the great taste of Coca-Cola with a dash of real coffee from Brazil,” Coca-Cola Australia spokeswoman Lisa Winn said.
Winn said the new flavour will start to roll out to stores from today.
“It’s a fresh take on the delicious taste of Coca-Cola Classic but with the unmistakable aroma of real coffee and some subtle caramel undertones.
“Just like the real thing, the delicious taste of Coca-Cola Plus Coffee is best served icy cold.
“And for those watching their sugar intake the good news is that Coke Plus Coffee is completely sugar free.”
Winn said the launch follows the standout success last year of the company’s most recent limited edition flavour, Coca-Cola Ginger.
“Coke Ginger was a huge success in Australia and it was inspired by the simple insight that Australians enjoy the taste of ginger drinks. The launch of the new Coke Plus Coffee follows a similar path to market – we know Australians love their coffee,” she said.
Winn said for many Aussies, it will be a popular alternative to a second cup of coffee in the afternoon.
“If it sounds like it packs a punch – people might be surprised. Coca-Cola Plus Coffee actually has much less caffeine than the same amount of a regular latte or flat white but a little more than Classic Coca- Cola.”
Coca-Cola Plus Coffee No Sugar will be available nationally as a limited edition product from September 26, 2017.
Coca Cola Amatil is on the lookout for an industrial automation lead, to scope projects aiming to optimise technology investments.
ITNews reports on the news, and said that CCA would not comment on the issue.
According to the article, the industrial automation engineer would be based at the Richland, Queensland factory, and drive “the development and implementation of a national strategy, covering industrial automation and electrical systems”.
Tasks like unloading, packing and picking are highly automated at the company’s Northmead and Eastern Creek (both in Western Sydney) sites, and the article speculates that such automation efforts will expanded to other Australian sites.
Coca-Cola South Pacific has announced a new addition to its ZICO Coconut Water range, described as an ‘on trend’ twist on coconut water.
With coconut water quickly becoming a mainstream beverage, the brand has combined chocolate and coconut in an attempt to stand out in an increasingly competitive market.
The new flavour is made with not-from-concentrate coconut water, coconut cream and cocoa powder.
“The introduction of ZICO Velvety Chocolate provides an opportunity to bring new consumers into the category,” said Gloria Young, the company’s brand manager.
“Innovation lies at the heart of our strategy to drive growth and the launch of this product marks an exciting start of things to come.”
The new flavour will be available in Coles from April 2016 and Woolworths from July 2016 in 1L and 330ml.