SPAIN: Profits soar at Coke bottler Rendelsur
By John Gallagher | 8 August 2001
Seville based Coca - Cola bottler Rendelsur has just declared year 2000 profits of € 27.3m, up 138% on 1999. A great proportion of the increased profit for the company, controlled by the Mora Figueroa family, comes from the sale of its old Seville factory last year. Pre-tax profits were up 111% to € 55m but as much as € 26.8m came from the sale of the former bottling plant.
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Seville based Coca - Cola bottler Rendelsur has just declared year 2000 profits of € 27.3m, up 138% on 1999. A great proportion of the increased profit for the company, controlled by the Mora Figueroa family, comes from the sale of its old Seville factory last year. Pre-tax profits were up 111% to € 55m but as much as € 26.8m came from the sale of the former bottling plant.
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