News
Britvic shows a 4.6% increase in revenue
Britvic has announced its interim results for the 28 weeks ended 11 April 2010, in what is a 53-week year.
Financial highlights
- Group revenue growth of 4.6%, with revenue growth of 8.8% in GB & International.
- Group operating profit margin improvement of 150 basis points.
- EPS growth of 37.7% to 9.5p.
- Interim dividend per share up 14.6% to 4.7p.
Business highlights
- Continued out-performance of the GB soft drinks market in key categories, with market share gains across core brands Pepsi, 7UP, Tango, Robinsons, J2O and Fruit Shoot.
- Strong brand programmes supported by effective execution in the marketplace, as well as an innovation programme that focused on brand extensions and pack mix within existing portfolio.
- The launch of a medium-term GB strategy to extend quality distribution in routes to market where Britvic is currently under-represented.
- Britvic Ireland returned to profit as synergies underpinned the continued difficult trading conditions.
- Britvic International’s revenue grew by 20% in the period, driven by key new account wins, brand expansion and further distribution gains.
Source: Britvic
See also
Latest news
| |