leadf
logo-loader
viewBritvic PLC

Britvic on track in spite of domestic challenges

"Overall we have delivered a solid performance against a more challenging backdrop in quarter three,” said chief executive Simon Litherland

1563951563_shutterstock_173229959.jpg
The company makes J2O here in the UK along with a host of household brands

Mixers group Britvic Plc (LON:BVIC) said it is confident of achieving market expectations in spite of a 1.5% reverse in revenues and a shrinking home market.

It said sales for the last three months were £360.1mln at constant currencies and excluding the impact of the soft drinks levy in the UK.

The maker of J2O and the Robinsons line of soft drinks said France and Ireland “remained more challenging” with a further softening since the half-year.

By contrast, Brazil and the wider international business “continued to deliver solid revenue growth”.

"Overall we have delivered a solid performance against a more challenging backdrop in quarter three,” said chief executive Simon Litherland.

“We remain confident of achieving market expectations for the full year, underpinned by the strength of our brand portfolio, exciting commercial plans and a tight focus on cost control."

Quick facts: Britvic PLC

Price: 738 GBX

LSE:BVIC
Market: LSE
Market Cap: £1.97 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Purepoint Uranium Group sees great opportunity as they look to develop in...

Purepoint Uranium Group (CVE: PTU) President and CEO Chris Frostad joined Steve Darling from Proactive to shared details about the company that is focused on the exploration of its projects in the Canadian Athabasca Basin, the world’s richest uranium region. Frostad telling Proactive about...

23 hours, 53 minutes ago

2 min read