Molson Coors Brewing (TAP) Tops Q4 EPS by 6c
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Molson Coors Reports 2017 Full Year and Fourth Quarter Results
February 14, 2018 7:01 AM ESTFull Year (FY) Worldwide Brand Volume Increased 1.0%; FY Priority Brand Volume Grew 2.8%
FY Net Sales Revenue (NSR)/HL Increased 2.6%
FY Net Income of $1.4 Billion ($6.52 Per Share) Increased 379%, and FY Underlying (Non-GAAP) EPS of $4.47 Increased 1.1%
FY Operating Cash Flow of $1.87 Billion; Underlying Free Cash Flow of $1.45 Billion
More Than $255 Million of Cost Savings Delivered in 2017; Raising 3-year Target to $600 Million
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4th Quarter (4th Q) Worldwide Brand Volume Decreased 1.1%, and Priority Brand Volume Decreased 1.9%
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