The Indonesian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: September 2011
The ratings on Australian-based soft-drinks and food producer Coca-Cola Amatil Ltd. (CCA) incorporate a level of implied support from the company's 29.5 %-major shareholder, Coca-Cola Co. (The) (TCCC; A+/Stable/A-1), and reflect our view of CCA's strategic importance to TCCC as one of the most profitable bottlers in the global Coke system. Furthermore, the rating is supported by our opinion of CCA's leading market position in its TCCC franchise territories, its strong and diversified brand portfolio, and the company's efficient distribution network. These factors are tempered by CCA's exposure to volatile raw material costs, relatively more-volatile earnings from developing Asian markets (primarily Indonesia), and the potential challenges associated with CCA's diversification into segments outside of its traditional soft-drinks business. Despite a...
Companies mentioned in this report are: Coca-Cola Amatil Ltd.
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Coca-Cola Amatil Ltd.
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