News

Financial news, 3 August 2011: Dr Pepper, Asahi, Rexam

Shaun Weston3 Aug 2011

The latest financial news for 3 August 2011 includes Dr Pepper Snapple Group, Asahi Breweries, Saputo, Molson Coors, Rexam and RockTenn.

Dr Pepper Snapple Group reports second quarter 2011 diluted earnings of $0.77 per share compared to $0.74 per share in the prior year period. Year-​to-​date, the company reported earnings of $1.27 per diluted share compared to $1.09 per share in the prior year period. Excluding a separation-​related foreign deferred tax charge, diluted earnings per share in the prior year-​to-​date period were $1.14.

Japan’s Asahi Breweries posts a 2.4% drop in Q2 2011 net sales to ¥651.7bn, with net income rising 4.7% to ¥16.3bn.

Saputo sees Q1 2012 revenues increase 14.1% to C$1.64bn, with net earnings up 13.3% to $126.6m.

Molson Coors Brewing Co records a 5% increase in H1 2011 net sales to US$1.62bn, but sees net profits fall 11% to $305.7m.

Rexam reports flat H1 2011 sales of £2.5bn, and operating profit up 5% to £280m, with beverage can division sales increasing 2.6% to £1.87bn.

RockTenn has reported a loss for the quarter ended 30 June 2011 of $0.60 per diluted share due to Smurfit-​Stone acquisition related charges. The Company’s adjusted earnings were $1.29 per diluted share, up 13% compared to the prior year quarter adjusted earnings of $1.14 per diluted share.

Your comments (0)

Add your comment

Please login or register to post comments.

See also

Latest news