Chinese sales slump hits O-I but cost-cutting reaps rewards
Owens-Illinois (O-I) chairman Al Stroucken says the company is ‘encouraged’ by its start to 2012, but said that overall global shipments by volume fell due to lower sales in China.
Archives for April 25, 2012
Dr Pepper Snapple hints at new TEN launches in 2013 as non-carbonate sales slump
Dr Pepper Snapple Group's net income fell year-on-year in Q1 2012 with a marked slump in non-carbonate sales, although Dr Pepper TEN drove higher carbonates sales, with the firm hinting at further launches on this platform in 2013.