From: Reuters
Published January 29, 2008 07:10 AM

Pepsi Bottling profit falls

NEW YORK (Reuters) - Pepsi Bottling Group Inc <PBG.N> said on Tuesday that quarterly net profit fell, hurt by charges related to restructuring, the disposing of some vending machines and the absence of a year-ago gain.

The world's largest bottler of PepsiCo Inc <PEP.N> drinks reported net income of $81 million, or 35 cents per share, for the fourth quarter, which ended December 29, compared to $133 million, or 55 cents per share, a year ago.

Excluding items, the bottler earned 39 cents per share.

(Reporting by Martinne Geller; Editing by Derek Caney)


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