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MEI Increases Support Services Conlux Line
Posted April 4th, 2008MEI has expanded support services for its Conlux line, which includes NBM-3000 Series bill validators and CCM5G Series coin changers.
Full-line operators, bottlers and vending machine manufacturers who use Conlux products can now have them serviced at 36 MEI Authorised Service Centers, Staffed by Conlux-certified technicians and located across the U.S Canada and Mexico.
Coca-Cola Enterprises Posts Robust.
Posted February 19th, 2008Atlanta - Coca-Cola Enterprises Inc. beat analysts' fourth-quarter expectations, delivering net income of $158 million, compared with a loss in the 2006 quarter of $1.71 billion. Full year 2007 net income rose 8.5% to $711 million.
Snack Growth Leads PepsiCo's.
Posted February 16th, 2008PURCHASE, NY - PepsiCo continued its strong momentum in the fourth quarter of 2007, with net revenue up 17% to $12.35 billion from $10.57 million. higher costs led to a slight decline in income to $1.26 billion from $1.83 billion during last year's comparable quarter. For the year, net revenue increased 12% from $35.14 billion to $39.47 billion year over year. net income of $5.66 billion was in line with last year's $5.64 billion.
The snack and drink giant grew worldwide revenue 12% for the full year, driven by snack volume growth of 6% and beverage gains of 4%.
Merchandising Systems Fuel Crane's 2007
Posted February 16th, 2008Stamford, CT - Crane Co. said merchandising systems performance, strengthened by acquisitions, has had a favorable impact on fourth quarter net income of $45.2 million, which was up from $38 million in the 2006 quarter. Sales increased $84.3 million, or 15%, including core business growth of $43.2 million (8%), sales from acquired businesses of $16.3 million (3%) and favorable foreign currency translation of $24.8 million (4%).
