Cott Corp Returns To Profitability In 2009

Canadian private label soft drink specialist Cott Corp has reported a return to profitability in 2009. For the 12 months to January 2 the firm recorded net profits of US$81.5mn, compared to a loss of over US$100mn in the previous year. Net sales for the year were down by 3.1% but were up by 2.4% on a constant currency basis. The firm continued to experience weak demand in North America, where its volumes dropped by 1.2%, but registered volume growth of 2% in the UK and 10.2% in

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