Turnover was up by 8% to a record $329.5m. The company reaffirmed its sales growth target for the whole 2002 fiscal year of between 8% and 10%. It also increased its earnings per share guidance for the full year to between 76 cents and 78 cents
CANADA: Profit up 32% at Cott in second quarter
Cott Corporation, the largest supplier of own label soft drinks in the world, reported a 32% rise in net income for the second quarter, ahead of analysts' forecasts. The Canadian company posted net income for the three months to the end of June of $19.2m, up 32% from $14.5m in the corresponding period last year.