Britvic

Britvic Reports Strong Sales, Warns of Imminent Slowdown

Britvic Reports Strong Sales, Warns of Imminent Slowdown

Britvic reported strong first-quarter sales growth on Wednesday. However, it struck a warning about second-quarter trading, partly because of the snow and ice in early January.

Its British fizzy drink operation, including the exclusive local bottling license for Pepsi, witnessed a growth of 20 per cent, propelled by volume gains linked to better distribution in outlets such as convenience stores and leisure centres.

23% Rise in Yearly Profits Reported by Britvic

Beverages giant Britvic recently posted its earnings report for a year up-to September 27, and delighted investors and analysts by revealing a 23% rise in profits on the back of revived sales in the soft drinks market.

For the aforementioned period, the maker of popular drinks including J20, Pepsi, Robinsons Be Natural and Juicy Drench reported pre-tax underlying earnings of ?86.5 Million, which led to its brands gaining share rates. The company's British sales volumes of still and fizzy beverages saw a 3.6% and 7.9% rises, respectively.

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