Spanish soft drinks operation, PepsiCo Espana, recorded a turnover of €765 million (US$670.7m) for 2001, representing a 7.2% increase on last year. The company's general director, Julio Roda, attributed the improvement to an enhanced product portfolio and specifically to the launch in Spain of Lipton and Gatorade. The company also signed a number of tie-ups with Spanish cinema operators over the past year effectively extending distribution to some 300 cinemas.