Rexam PLC (REX.L)
28 Nov 2014
|Market Cap (Mil.):||£3,208.77|
|Shares Outstanding (Mil.):||704.30|
* Aluminium premium rises to $500/t vs $300/t in early 2014
Nov 13 - Rexam Plc, the world's second-largest beverage can maker by revenue, said margins on certain U.S. specialty cans would reduce next year as aluminium premiums have surged higher.
* In line with our plans and we continue to expect to make further progress for full year on a constant currency basis.
* H1 sales 1.88 bln stg vs analysts' estimate of 1.85 bln stg
Aug 1 - Rexam Plc, the world's No. 2 drinks can maker by revenue, posted a 2 percent decline in underlying pretax profit for the first half of the year, hit by high aluminium premiums in Europe and a strong pound.