Rexam prefers patience to Russian Roulette in 2012
date:Aug 02, 2012
Beverage can giant Rexam revealed the move in its H1 2012 results announcement today, where it reported Q2 sales of ₤2.165bn ($3.38bn) in H1 (+3% on H1 2011), and pre-tax profits of ₤207m, up 1% year-over-year.

Company can sales totaled ₤1.946bn in the six months to June 30, while underlying operating profit for the half year was ₤226m, up from ₤212m in H1 2011.

London-headquartered Rexam said its Russian beverage can volumes (only 6% of global volumes) fell 1% due to bad weather, econom
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