Britvic toasts strong revenues as ‘affordable treat’ Pepsi Max booms Retail Britvic announced a positive set of final year results as the soft drinks maker was bolstered by demand for its sugar free Pepsi products.
Britvic cheers strong results as it adds two further brands to its drinks cabinet fizztastic Britvic this morning announced a positive set of third quarter results for the period ended 30 June, with UK revenue leaping 10 per cent on the previous year to reach £476m. The largest supplier of branded still soft drinks in Great Britain, which owns brands such as J20 and Robinson’s, also announced the acquisition of [...]
Britvic reports fizzing revenues but warns of cost-of-living slowdown Britvic Drinks maker Britvic reported a jump in revenues across its markets today but warned sales could be hit in the months ahead as the cost of living begins to bite.
Britvic shareholders enjoy dividend boost, despite revenue dip November 24, 2021 Robinsons and Tango owner Britvic reported a slight dip in revenue this morning, though the consumer goods group noted positive growth in the UK. Revenue slipped 0.5 per cent to £1.4bn in its preliminary full year results today. While profit after tax jumped more than nine per cent to £103.2m in the 12 months to [...]
The City View: November 24: Mulberry, Britvic and short-term rentals November 24, 2021 In today’s episode of the City View, the daily podcast from City A.M., Editor Andy Silvester discusses the morning’s results – from a bumper Asian quarter for luxury fashion brand Mulberry to Britvic getting its post-lockdown fizz back. Andy is also joined by Amiad Soto, the Israeli entrepreneur behind short-term rental firm Guesty, on a [...]
Soft drink maker Britvic posts boosted revenue amid warnings of inflation ‘across business’ January 27, 2022 Soft drink maker Britvic has reported soaring quarterly revenue even as hospitality venues were impacted by a return of Covid measures last month. The FTSE-250 firm posted total revenue hit £373.9m on a constant currency basis, up 16.5 per cent compared to the October to December period in the previous financial year. Total revenue rose [...]
J2O maker Britvic ups dividend and vows to buy back £75m worth of shares as pre-tax profits soar May 17, 2022 Soft drinks conglomerate Britvic today announced plans to launch a £75m share buyback scheme and upped its dividend by 20 per cent, after posting “strong” results for the six months running up to 31 March 2022. The Tango and J2O maker said its pre-tax profits increased 48.7 per cent to £45.8m, after its revenues jumped [...]
Robinsons owner Britvic sees revenues rocket as UK restrictions ease July 22, 2021 Britvic, which owns Robinsons and Tango, has seen its revenues surge since restrictions eased as the soft drinks retailer was hit hard by hospitality closures. Revenue at the company shot up 22.8 per cent to £384.8m in its third-quarter trading, as it said revenue has grown across all its units. In total, however, the company’s [...]
Robinsons owner Britvic reinstates dividend after tough but resilient six months May 18, 2021 Britvic’s revenue and profit slipped in the six months to 31 March, however the soft drinks retailer has decided to reinstate its dividend after a resilient performance despite Covid restrictions. Revenue at the company fell to £617.1m from £698.8m during the same period last year, and profit after tax slipped to £33.2m from £38.9m. Nevertheless, [...]
J20 and Tango owner Britvic suffers slump in sales due to hospitality restrictions January 28, 2021 Soft drinks group Britvic, which owns J2O, R White’s lemonade and Robinsons, suffered a slump in sales in the first quarter due to restrictions on pubs, bars and restaurants. The FTSE 250 firm said this morning that total revenue declined 9.8 per cent to £328.1m in the three months ended 31 December. The Hemel Hempstead-based [...]