• H1 net profits leap by 40% to US$365m
  • Net sales in six months to end of June inch up 1% to $3.03bn
  • Operating profits also jump, by 26% to $608m
  • Q2 net profits up 35% to $210m
  • Net sales in three months to end of June increase 1% $1.63bn
  • Operating profits climb 22% to $348m
  • Bottler case sales volumes were flat in H1 and up 1% in Q2
DPSG released its H1 results today

DPSG released its H1 results today

Dr Pepper Snapple Group has posted a big jump in half-year profits as sales increased slightly.

The company said today (24 July) that favourable cost-of-goods trends, planned lower marketing investments and “ongoing productivity improvements” were behind the profits increases.

DPSG chief executive & president Larry Young said: “We’ve posted strong results in a tough environment. We’re gaining distribution and availability across our key brands and packages while increasing our presence in single-serve and building our brands with innovative and targeted marketing programs.”

Looking ahead, the company said it continues to expect full-year reported net sales to be flat to up by 1%.

In pre-market trading, DPSG's share price was up 0.79%.

For a deeper analysis of the company's half-year performance, click here.

Click here for coverage of Dr Pepper Snapple's post-results conference call.

To read the company's official statement, click here.