Beverage maker Cott first-quarter revenue falls

Wed May 1, 2013 8:22am EDT
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May 1(Reuters) - Canadian soft drink maker Cott Corp reported a 4 percent drop in first-quarter revenue as its private label business lost market share and sales of its carbonated soft drinks fell in North America.

The company managed to break even in the quarter ended March 30, compared with a net income of $5.9 million, or 6 cents per share, attributable to the company a year earlier. Revenue fell to $505.4 million.