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Thursday, May 15, 2008

CCA estimates reduction in alcopops sale

May 15, 2008

Coca-Cola Amatil expects a five to 10 per cent reduction in sales of alcoholic drinks following the Rudd government's tax hike on alcopops.

"I would expect to see a five to 10 per cent sales reduction in alcoholic beverages drinks and probably a higher number at the bottom end," CCA chief executive Terry Davis told journalists after the company's annual general meeting in Sydney on Thursday.
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