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Britvic revenues are up 16.2%
Britvic today reports its third-quarter trading performance. Group revenue of £289.5m (including Britvic France) in the quarter represents an increase of 16.2% on the prior year, with the underlying GB, International and Irish businesses seeing a combined revenue increase of 6.9%.
GB & International revenues in the quarter grew by 6.6% to £223.2m. Britvic France, the newly-created division comprising Fruité Entreprises SA, contributed revenue of £23.2m for the month of June following completion of the acquisition at the end of May 2010. This was in line with expectations.
In the year to date, group revenue (including Britvic France) increased by 8.5% to £794.8m, with the underlying GB, International and Irish businesses delivering a revenue increase of 5.4%.
GB & International revenues in the year to date grew by 8.0% to £638.8m. Britvic Ireland’s sterling-based revenues were up 8.6% in the quarter, leading to a decelerating year-to-date decline of 5.7%.
Source: Britvic
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