Bottler Refresco Sees Adjusted EBITDA Rise By A Fifth In First Quarter
Bottling firm Refresco has posted a 20% increase in adjusted EBITDA in the first quarter of its financial year, to €98 million, while total volumes grew to 2.76 billion litres in the period, a 7.1% increase.
Volumes in its North America business saw 15.9% growth in the period, with both retailer brands and contract manufacturing up, while volumes in Europe, albeit more erratic, also saw a marginal increase.
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