National Beverage Corp has said it plans to “aggressively expand” in the US soft drinks market after reporting rises in both sales and profits for the first nine months of its fiscal year.

Net earnings rose to US$23.6m for the nine months to the end of December, compared to $17.9m in the same period of the previous year, National Beverage Corp said yesterday (11 March).

Net sales rose by 4% to $443.9m, led by strong performances from the LaCroix and Rip It brands, said the Florida-based soft drinks group.  

Continued demand for the firm’s range of energy and functional health drinks, despite an economic recession in the US, has kept National Beverage Corp in expansive mood.

“Our focus has been and will continue to aggressively expand brand – package – distribution opportunities,” said group chairman and CEO Nick Caporella.

He did not specify details of the firm’s expansion plans.

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Sales for the group’s third quarter increased to $131.4m, against $129.4m a year earlier. Quarterly profits jumped to $5.5m from $3.6m a year previously.

No further figures were given.

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