SPAIN: Net profit down at Rendelsur

Spanish soft drinks bottler, Rendelsur, posted a net profit of €12m ($11.9m) for 2001, down 56.2% from the previous year. The company said the sharp decrease in 2001 net profit was due to the previous year's figure including an extraordinary profit of €26.8m ($26.6m), stemming from property divestment.

September 6, 2002

Turnover at Rendelsur, which is the bottler for Coca-Cola for Andalusia, Extremadura and Ciudad Real, reached €481m ($478.1m) in 2001, up 10.9% from the year before. Volumes rose by 7.6% to 477m litres.

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