Cott Corp. (COT) Tops Q1 EPS by 10c
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Cott Reports First Quarter 2015 Results and Increases DS Services Synergy Targets
May 7, 2015 8:01 AM EDTTORONTO, ON and TAMPA, FL -- (Marketwired) -- 05/07/15 -- Cott Corporation (NYSE: COT) (TSX: BCB) today announced its results for the first quarter ended April 4, 2015.
FIRST QUARTER 2015 HIGHLIGHTS
Revenue of $710 million was higher by 49.4% compared to $475 million, as a result of the acquisition of DS Services and increased volumes in our traditional business. Gross profit was $201 million compared to $56 million, which resulted in gross profit as a percentage of revenue of 28.4% compared to 11.8%. Adjusted EBITDA increased 112% to $74 million compared to $35 million. Reported EBITDA was... More