BUZZ-Cott Corp: Shares near 2-year high after first profit in 3 years

Tue Feb 24, 2015 11:56am EST
 
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** Canadian beverage maker's shares rise as much as 10.6 pct to C$11.06, near 2-year high; U.S.-listed shares rise as much as 10.7 pct to $8.80, 1-1/2 year high

** Company, which reported losses in previous 11 quarters, reports profit in Q4, helped by acquisition of Aimia Foods and DS Services

** Says profit also helped by Calypso soft drinks business, bought in 2013, and inclusion of an extra week in the quarter

** Revenue rises nearly 13 pct to $543.5 mln

** Up to Monday's close, Canada-listed stock had risen 24 pct in six months, while U.S.-listed shares had risen 8 pct