British Smoothies Company Sees Sales, Profit Soar

Coca-Cola-owned smoothies and juice company Innocent Drinks (London, U.K.) has surpassed $387 million in annual sales. The company bounced back from a $902,000 loss in 2016 to an $11 million profit after it redesigned packaging and reformulated its products. More than half of its annual revenue now comes from outside the U.K. Sales in France rose 49 percent, in Germany sales were up 34 percent. CEO Douglas Lamont said further growth beyond the U.K. will make Innocent Drinks Europe's “favorite healthy drinks company.” [Image Credit: © Innocent Drinks ]