CANADA: Cott Corp. ups revenue outlook for 2004
Cott Corp. has raised its revenue outlook for this year. The supplier of store-brand soft drinks said yesterday that sales growth in the US continues to exceed its expectations.
Cott expects full year sales to rise by between 16% and 19% The company had previously forecast sales to increase by between 15% and 18%.
The company believes earnings per share for 2004 to be between C$1.23 and C$1.27, although it expects earnings to be at the low end of its guided range because of increased logistics and co-packing costs.
Cott Corporation has acquired the UK's Macaw Soft Drinks, in a deal worth close to US$135m....
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Cott Corporation has posted its results for the second quarter to 2 July....
Congratulations to the five lucky winners of our competition, in association with Wolf Blass, for tickets to today's cricket match between England and Bangladesh....
Cott Corporation's US subsidiary has begun shipping from its new manufacturing facility in Fort Worth, Texas....
Cott Corporation said yesterday that its executive vice president and chief financial officer, Raymond P. Silcock, was to resign from the company after nearly seven years in this role, effective April...
Analysts lowered their earnings estimates for the soft drink producer Cott Corporation after it announced disappointing first quarter results last week....
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