Eddie Stobart accelerates growth with new contract wins August 30, 2018 Logistics group Eddie Stobart reported strong revenue growth and reiterated its expectations for the full year this morning. Due to a technical error posting the results to the stock exchange, figures were not uploaded until 9.20am. Shares were up 1.1 per cent following the release. The figures Revenue grew 25.3 per cent to £359.3m in the [...]
How FMCG giants can beat the challengers June 18, 2018 It is not a good time to be a fast-moving consumer goods (FMCG) giant. The old certainties of rising incomes, abundant retail space, and established marketing techniques are fast vanishing, and the pressure is on. According to the 2017 edition of the FMCG Global 50 from OC&C Strategy Consultants: “Revenue growth for the Global 50 [...]
Britvic toasts solid start to the year despite “uncertain” environment January 31, 2017 The owner of drinks brands including Robinsons, J20 and Fruit Shoot might have warned that Brexit would cap its fizz last year, but it's announced a strong start to the year in its first quarter results. The figures Revenue for the three months to 25 December 2016 was up 4.3 per cent to £351m, with volume growth of [...]
Britvic continues its Brazilian shopping spree January 3, 2017 Britvic is pressing on with acquisitions in South America with the purchase of a juice business in Brazil. The UK drinks company, known for brands such as 7up , Pepsi Max and Lipton Ice Tea, announced today that it will be buying Brazilian company Bela Ischia for BRL218m (£54m). Read more: Britvic's share price falls after it makes [...]
Britvic’s share price falls after it makes Brexit warning July 21, 2016 Britvic warned that the Brexit vote will add to difficult trading conditions this year. Its share price is marginally down to 518.5p, almost 0.6 per cent, on the news. The figures In the third quarter Britvic reported a 5.3 per cent increase in revenue to £346.3m. However, UK revenues fell by two per cent to £214.8m. The [...]
How Gin took over the world: It’s selling in record numbers with little sign of slowing down, but could the bubble be about to burst May 3, 2018 From Dalston dives to The Rivoli at the Ritz, people are drinking juniper-flavoured ethanol in record numbers. Last year more than 50m bottles of gin were sold in the UK for the first time, with £1.2bn in sales, up from £600m in 2011. That’s more than a billion gin and tonics. And while the best-selling [...]
Smirnoff has just made cider the new alcopop with its hybrid vodka drink, while Britvic launches new non-alcoholic beverage aimed at millennials June 13, 2016 You heard it here first – cider is now the new alcopop. Smirnoff, the biggest spirits brand in Europe, is aiming to revolutionise the fruit cider category this summer with the launch of its new hybrid drink Smirnoff Cider – a mixture of lightly fizzed cider combined with Smirnoff vodka. The ciders will come in two [...]
Robinsons owner Britvic warns of sluggish start to the year November 25, 2015 Robinsons squash and J2O maker Britvic reported a sluggish started to the year, blaming tough market conditions due to changing shopping habits and increased competition between the traditional supermarkets and their discount rivals. The maker of Tango and PepsiCo brands Pepsi Max and 7UP, reported a 7.1 per cent rise in earnings before interest, tax, [...]
Pepsi and Robinsons maker Britvic warns of sluggish start to the year November 25, 2015 Robinsons squash and J2O maker Britvic reported a sluggish started to the year, blaming tough market conditions due to changing shopping habits and increased competition between the traditional supermarkets and their discount rivals. The maker of Tango and PepsiCo brands Pepsi Max and 7UP, reported a 7.1 per cent rise in earnings before interest, tax, [...]
Euro 2016: Firms gear up for a packed summer of sporting spectacles June 9, 2016 As football fans prepare for the European Championship in France, so do companies back in the UK, with a number of companies gearing up for a packed summer of sporting spectacles. Domino’s pizza, in particular, is reported to be employing 10,000 extra staff as prepares for a huge summer of sport. The UK’s largest fast [...]