May 2 Rexam Plc, the world's second
largest beverage-can maker in terms of revenue, said overall
results in the first-quarter were in line with its expectations.
The company, which makes aluminium cans for Coca-Cola, Red
Bull, Carlsberg beer and Heineken, said it was feeling
the effects of a strong sterling and high metal premiums but it
expected to make progress on a constant currency
Shares in the FTSE-100 component closed at 510 pence on
Wednesday on the London Stock Exchange.
(Reporting by Tasim Zahid and Aashika Jain in Bangalore)