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COCA-Cola Amatil, the local bottler of the soft drink, expects to increase profit in the first half of fiscal 2009 after a hotter summer increased demand for beverages. Profit for the six months to June is likely is likely to have high single digit percentage growth over the year before, Coca-Cola Amatil said today. CCA’s net profit for the 2008 first half was $171.9 million. A 5 per cent increase in profit would take the net figure for the 2009 first half to ove $180 million. “Given the external environment, I am very pleased with how the business is tracking against its key priorities of new product and new customer expansion,” chief executive Terry Davis said. “The material lift in CCA’s service levels has been rewarded by increased business from our customers and strong consumer demand for our market leading brands during this very volatile period.” The favourable summer weather had driven strong demand for CCA’s higher value drinks and the Federal Government’s stimulus packages ha
