Bottler Refresco Sees Revenue Up 2.6% In Second Quarter
Bottling firm Refresco has seen its revenue rise 2.6% in the second quarter of its financial year, to €1.06 billion, however revenues at its European operation were down marginally to €675 million (Q2 2018: €701 million).
The group said that total volumes at its operations in Q2 were 3,050 million litres, a 1.2% decrease on the same quarter the previous year due to poor weather conditions in June across several of its key markets.
In the first half of the year, however, volumes increased by 5.1%. If the Cott's bottling business, which was consolidated into Refresco in January, is excluded, like-for-like volumes at the business were up 0.2%.
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