Following a major restructuring of the firm, Allegheny Beverage Corp. announced a net loss of $1.8 million (28 cents per share) on revenue of $495.6 million for its fiscal year that ended March 31. The company recently changed from a calendar year.

Allegheny, which is based in Cheverly, sold its Pepsi-Cola bottling plant and purchased Servomation Corp. for $225 million in cash just after the end of the fiscal year. The transactions marked the latest moves in the company's transformation into a conglomerate with operations in food service and vending, coin-operated laundries, building maintenance and office furniture.

The restructuring of the company was supposed to take place before March 31, and most of the transactions that accounted for the fiscal loss took place before that time, according to a company statement. However, it added that the sale of the bottling plant -- on which a pretax gain of $100 million is expected -- could not be reported in the 1985 fiscal year statement because it had not been completed. Allegheny Beverage Posts Loss

Following a major restructuring of the firm, Allegheny Beverage Corp. announced a net loss of $1.8 million (28 cents per share) on revenue of $495.6 million for its fiscal year that ended March 31. The company recently changed from a calendar year.

Allegheny, which is based in Cheverly, sold its Pepsi-Cola bottling plant and purchased Servomation Corp. for $225 million in cash just after the end of the fiscal year. The transactions marked the latest moves in the company's transformation into a conglomerate with operations in food service and vending, coin-operated laundries, building maintenance and office furniture.

The restructuring of the company was supposed to take place before March 31, and most of the transactions that accounted for the fiscal loss took place before that time, according to a company statement. However, it added that the sale of the bottling plant -- on which a pretax gain of $100 million is expected -- could not be reported in the 1985 fiscal year statement because it had not been completed.