DPSG posted its full-year results today

DPSG posted its full-year results today

Earlier today (12 February), Dr Pepper Snapple Group posted flat full-year profits and sales growth. Here, just-drinks takes a closer look at the company's performance in the period by brand.

Fourth quarter

  • Bottler case sale (BCS) volumes in the final three months of 2013 declined by 2%, with both carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) falling by 2%.
  • In CSDs, Dr Pepper volumes decreased by 1% and the “Core 4” brands, which include the low-calorie Ten range, declined by 4%. There was a high-single digit decrease in 7UP and mid-single digit falls in Sunkist soda and A&W. This was partially offset by a mid-single digit increase in Canada Dry. Squirt and RC Cola both decreased BCS volumes by mid-single digits. 
  • In NCBs, Hawaiian Punch BCS volumes decreased by 8%. This decline was partially offset by a 3% increase in Snapple, DPSG said. Mott’s was flat in the quarter.
  • The US and Canada saw BCS volumes fall by 2% in Q4, while Mexico & the Caribbean volumes increased 4%.

Full year

  • BCS volumes in 2013 fell by 2% with both CSDs and NCBs declining by 2%.
  • Dr Pepper volumes dropped by 2% and the Core 4 brands fell by 1%. There were mid-single digit declines in 7UP and Sunkist soda, and a low-single digit decrease in A&W. Against this was a mid-single digit increase in Canada Dry. Crush, Squirt and RC Cola all declined mid-single digits while Sun Drop fell by double-digits. 
  • In NCBs, Hawaiian Punch volumes were down by 9% for the year. This was partially offset by a 2% increase in Snapple and a mid-single digit increase in Mott’s.
  • US and Canada BCS volumes declined by 2%, and Mexico & the Caribbean volumes increased 3%.

Sales volumes

  • Overall sales volumes were down by 4% for the quarter and by 3% for the year.

Definitions

BCS volumes - Sales of finished beverages, in equivalent 288oz cases, sold by the company and its bottling partners to retailers and independent distributors and excludes contract manufacturing volume

Sales volumes - Sales of concentrates and finished beverages, in equivalent 288oz cases, shipped by the company to its bottlers, retailers and independent distributors and includes contract manufacturing volumes.