Rexam sales up in 2012 on regained US market share

Feb 21, 2013 | 02:15 PM | Jethro Wookey

Tags  Rexam, Graham Chipchase, beverage cans, Jethro Wookey

LONDON — Global packaging company Rexam Plc posted a moderate increase in revenue last year after regaining a large part of the U.S. beverage can market share that it lost in 2011.

The London-based company’s sales increased 1.9 percent to £4.31 billion ($6.58 billion) from £4.23 billion, thanks to a 6-percent increase in total beverage can sales volumes, but net income plunged 43.1 percent to £214 million ($326.3 million) from £376 million.....

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