USA: Cott Corp predicts 2001 earnings growth of over 30%
By Monica Dobie | 9 March 2001
Soft drink giant, Cott Corporation, has recently announced performance expectations for 2001 and according to CEO Frank E Weise, Cott has a very bright future indeed. Cott expects earnings to grow between 30%-35% with shares hitting US$0.49 to US$0.51 each. The margin increase is attributed to increased volume, favourable mix, manufacturing efficiencies and cost cutting schemes.
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Soft drink giant, Cott Corporation, has recently announced performance expectations for 2001 and according to CEO Frank E Weise, Cott has a very bright future indeed. Cott expects earnings to grow between 30%-35% with shares hitting US$0.49 to US$0.51 each. The margin increase is attributed to increased volume, favourable mix, manufacturing efficiencies and cost cutting schemes.
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