UK: Frucor reports 40% profit rise but faces tough conditions in UK
By Sarah Diston | 26 February 2001
Despite a shortfall in UK sales, New Zealand-based Frucor Beverages reported a 40% rise in profit after tax of $6.4m during the six months to end of December 2001. International sales, which now account for one third of total revenues, grew by NZ$26.7m or 230% to NZ$38.3m. New Zealand saw sales rise by 24% to NZ$82.4m, compared to the same period last year.
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Despite a shortfall in UK sales, New Zealand-based Frucor Beverages reported a 40% rise in profit after tax of $6.4m during the six months to end of December 2001. International sales, which now account for one third of total revenues, grew by NZ$26.7m or 230% to NZ$38.3m. New Zealand saw sales rise by 24% to NZ$82.4m, compared to the same period last year.
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