Nov 2 (Reuters) - Canadian soft drink maker Cott Corp’s third-quarter profit more than doubled, driven by higher volumes in North America, UK and Mexico.
Net income rose to $16 million, or 17 cents a share, from $6 million, or 7 cents a share, a year ago.
Excluding special items, its profit was 22 cents a share.
Revenue for the company, which makes private-label soft drinks for retailers like Wal-Mart Stores Inc , rose 26 percent to $611.3 million.
Analysts on average had expected earnings of 18 cents a share, on revenue of $589.9 million, according to Thomson Reuters I/B/E/S.
Margins were, however, squeezed by higher commodity costs, the company said.
Cott shares closed at C$7.04 on Tuesday on the Toronto Stock Exchange. (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Gopakumar Warrier)