The world's second largest bottler of Pepsi goods PepsiAmericas has seen its third quarter earnings increase to US$62.5m, or 43 cents a share, compared to US$50.2m in the same period last year.

Sales fell to $865.0m from $874.3m, as shipment volumes fell 3.3%.

Looking forward the company said it expects price increases of 3% to 4% in the US this year. It forecasted earnings per share growth at the low end of 9% to 11 percent.