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Sales up, profits down

This article was originally published in Foodnews

THE Pepsi Bottling Group (PBG) has posted a drop in net income for the third quarter ended 6 September, despite a small gain in revenue. Net revenue increased 2% from 2007's third quarter to US$3.8 billion - of which the US and Canada were responsible for US$2.7 billion, followed by Europe at US$770 million and Mexico at US$392 million.

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