date:Mar 25, 2014
Refresco Gerber, the European soft drinks and fruit juices group created following the rent merger of Refresco and Gerber Emig, has reported a 3.2% increase in revenue to 1.59 billion with volume up 2.2% for 2013. On a like-for-like basis revenue and volume declined 1.6% and 0.8%, respectively mainly due to weak markets and a change in product mix towards more value for money products.
Full year adjusted EBITDA was 139.7 million, an improvement of 24.2 million or 20.9% on 2012. Operating costs