Cott will hold investor meetings at Citi's Global Consumer Seminar in London on Tuesday, November 29, 2016. An investor deck will be available on the investor relations section of Cott's website at https://www.cott.com/for-investors/events-and-presentations on November 28, 2016 at 5 p.m. (ET).
Cott will present at the Beverage-Digest Future Smarts Conference on Friday, December 9, 2016. The presentation will be available on the investor relations section of Cott's website at https://www.cott.com/for-investors/events-and-presentations on December 8, 2016 at 5 p.m. (ET).
Cott also announced that its Cott North America business has entered into a letter of intent with a national brand customer for production within its U.S. based hot fill plants. Cott has already begun initial production and the letter of intent reflects volume progressively increasing over the coming months to 7.5 million actual cases per year by the second quarter of 2017.
"We are pleased to see continued growth within the contract manufacturing channel of our traditional business," commented Jerry Fowden, Cott's Chief Executive Officer. "This development is in line with our ongoing strategy to grow contract manufacturing and other categories such as value added and sparkling waters in order to maintain volume stability within our Cott North America business," continued Mr. Fowden.
About Cott Corporation
Cott is a diversified beverage company with the largest volume-based national presence in the North America and European home and office bottled water delivery industry, a leader in custom coffee roasting and blending of iced tea for the U.S. foodservice industry, and one of the world's largest producers of beverages on behalf of retailers, brand owners and distributors. Our platform reaches over 2.3 million customers or delivery points across North America and Europe supported by strategically located sales and distribution facilities and fleets, as well as wholesalers and distributors. This enables us to efficiently service residences, businesses, restaurant chains, hotels and motels, small and large retailers, and healthcare facilities.
Safe Harbor Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding expected volumes from the new national brand customer. Forward-looking statements involve inherent risks and uncertainties and Cott cautions you that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statement. The forward-looking statements are based on assumptions regarding management's current plans and estimates. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Factors that could cause actual results to differ materially from those described in this press release include those risks and uncertainties indicated from time to time in Cott's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. Readers are urged to carefully review and consider the various disclosures, including but not limited to risk factors contained in Cott's Annual Report on Form 10-K and its quarterly reports on Form 10-Q, as well as other periodic reports filed with the securities commissions. Cott does not undertake to update or revise any of these statements in light of new information or future events, except as expressly required by applicable law.