News Column

Volumes bring joy for Rexam

August 2, 2014

REXAM Plc, the world's number two drinks can maker by revenue, posted a better-than-expected pretax profit for the first half as increased volumes softened the effect of surging aluminium premiums and a stronger pound.

The company's shares rose as much as 3.7 per cent on Friday, making the stock one of the top gainers on the FTSE-100 Index .

Rexam, which competes with Ball Corp and Crown Holdings, reported a 4 percent rise in beverage can volumes, driven mostly by strong growth in Europe.

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Source: Herald, The (Scotland)

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