Refresco Sees Second-Quarter Profit Rise, Despite Market Fluctuations
Bottler Refresco has posted a 10% increase in net profit in the second quarter of its financial year, despite seeing disruption to its business during the period as a result of the COVID-19 crisis.
The group said that volumes for the quarter stood at 2.98 billion litres, roughly in line with the same quarter last year (3 billion litres), however while North America posted a 9.2% increase, Europe fell by 6.2%.
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