UK: Rexam reports profits up

By just-drinks.com editorial team | 7 March 2002

The world's largest maker of drinks cans, Rexam Plc, has reported above expectations profits for 2001, and predicted a good 2002 on the back of price rises in the US drinks can market today. The UK company is the world's fourth biggest consumer packaging business and makes cans for Coca Cola Co. It said prices would rise around 4% in the US, where it sold US$1.4 billion of product last year.

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The world's largest maker of drinks cans, Rexam Plc, has reported above expectations profits for 2001, and predicted a good 2002 on the back of price rises in the US drinks can market today. The UK company is the world's fourth biggest consumer packaging business and makes cans for Coca Cola Co. It said prices would rise around 4% in the US, where it sold US$1.4 billion of product last year.

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