Nov. 8 (Bloomberg) -- Innocent Drinks, the fruit smoothie maker that sold a minority stake to Coca-Cola Co. in April, had a 9.1 million-pound ($15.1 million) pretax loss for 2008 on lower sales and one-time charges, the Sunday Telegraph said.

Revenue fell 7 percent last year. U.K. sales recovered all last year’s slump and are advancing now, co-founder Richard Reed said in an interview. The company has expanded overseas and launched new products to bolster revenue.

Coca-Cola’s purchase of a minority stake in April triggered a 5.5 million-pound charge relating to share options, while Innocent also booked a 1.4 million-pound item for exchange rate losses, the Sunday Telegraph reported.

To contact the reporter on this story: Simon Packard in London at packard@bloomberg.net

Last Updated: November 8, 2009 05:41 EST