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Britvic shows a 4.6% increase in revenue
By Shaun Weston
18 May 2010
Categories
Beverage
Business
Financial
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
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