Cott Corp
SymbolBCB
Shares Issued81,306,330
Close 2009-10-28C$ 8.52
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Cott earns $15.2-million (U.S.) in Q3

2009-10-29 10:06 ET - News Release

Mr. Jerry Fowden reports

COTT REPORTS THIRD QUARTER 2009 RESULTS

  • Operating income increased to $26.9-million, as compared to an operating loss of $90.5 million. The results for the third quarter of 2008 included $95.7-million of restructuring charges and asset impairments.

  • Net income increased to $13.9-million, or 18 cents per share, as compared to a net loss of $87.6-million, or $1.25 per share.

Cott Corp. has released results for the third quarter ended Sept. 26, 2009. Third quarter 2009 revenue was $404.9-million, as compared to $420.5-million, a decrease of 3.7 per cent. Excluding the impact of foreign exchange, revenue increased 1.1 per cent. Operating income increased to $26.9-million, as compared to an operating loss of $90.5-million. Net income was $13.9-million, or 18 cents per share, as compared to a net loss of $87.6-million, or $1.25 per share. All amounts are in U.S. dollars.

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