May 4, 2011 / 11:47 AM / in 7 years

UPDATE 1-Cott posts lower profit on high commodity costs

(In U.S. dollars unless noted)

TORONTO, May 4 (Reuters) - Canadian soft drink maker Cott Corp (BCB.TO) (COT.N) posted a lower quarterly profit on Wednesday, hurt by higher commodity costs.

First-quarter earnings fell to $6.8 million, or 7 cents a share, from $11.5 million, or 14 cents a share, a year earlier.

Excluding special items, the profit was 9 cents a share.

Revenue rose 47 percent to $534 million, largely helped by an acquisition. (Reporting by S. John Tilak; Editing by Lisa Von Ahn)

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