Cott Continues To Record Turnaround

Canadian private label soft drink specialist Cott Corp has continued to register a return to profitability in its latest financial quarter. In the three months to the end of September the firm recorded net profits of US$13.9mn, while operating profits came in at US26.9mn. This compares to a net loss of US$87.6mn in the third quarter of 2008. Net sales on a constant currency basis moved up by 1%, suggesting that this growth in net profits may be sustainable and that a long awaited turnaround may be finally on the

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