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BRIEF-Cott reports third quarter 2017 results

Published 2017-11-09, 07:05 a/m
© Reuters.  BRIEF-Cott reports third quarter 2017 results
PRMW
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Nov 9 (Reuters) - Cott Corp BCB.TO :

* Reports third quarter 2017 results

* Sees FY 2019 revenue $2.3 billion

* Qtrly revenue from continuing operations increased 22 percent to $581 million compared to $477 million

* Is targeting full year 2019 revenues in excess of $2.3 billion

* Cott is targeting full year 2019 cash flow provided by operations of approximately $265 to $270 million

* Cott is targeting full year 2019 capital expenditures of $115 to $120 million, resulting in adjusted free cash flow of approximately $150 million

* Qtrly reported net income per diluted share was $0.01

* Cott remains on track to meet its profitability growth targets for fiscal year 2017

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