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.
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 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, [...]
The Week Ahead: ITV, Rolls Royce, Morrison, ECB and UK GDP data March 8, 2021 It’s Monday morning. City A.M. looks ahead at what this week has in store. China Trade for February This morning – The Chinese economy finished 2020 on a strong note, its surplus hitting a record high in December. Exports rose by 18.1 per cent, slightly down from November’s 21.1 per cent but still better than expected, [...]
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 [...]
Coronavirus bar and restaurant closures hit Britvic’s income for the year November 26, 2020 Britvic posted a near 22% slide in adjusted operating income for the year as coronavirus restrictions hurt demand at bars, restaurants, cinemas and other public places. The soft drink company’s adjusted earnings before interest and taxes fell to £165.8m for the 12 months ended September 30, down from £214.1m a year earlier. Britvic’s shares, which [...]
Britvic profit loses its fizz as France law hurts sales November 27, 2019 Fizzy drink maker Britvic suffered almost a 25 per cent plunge in annual profit, it revealed today, following a writedown of French assets. Read more: Squashed: Britvic looks to cut final salary pensions The figures Profit before tax sank 24.3 per cent to £110.3m for the year to the end of September after Britvic struggled [...]
Squashed: Britvic looks to cut final salary pensions August 11, 2019 Drinks producer Britvic is planning to slash the money it pays out to 6,000 members of its final salary pension scheme. The FTSE 250 firm, which produces Robinsons soft drinks, is looking for court approval to stop measuring inflation according to the retail prices index (RPI), and instead switch to the consumer prices index (CPI). [...]