Britvic says first-quarter trading met its expectations as revenue rises 4.5%

Writer, Stock Market Wire
Thursday, January 31, 2019 - 07:58

Britvic said Thursday first-quarter trading was in line with its expectations as revenue grew 4.5%.

For the quarter ended 23 December, reported revenue increased 4.5% to £352.4m and organic constant currency revenue, excluding the soft drink levies, increased 1.5% to £337.3m.

'We have delivered a solid start to the new financial year, with performance in line with our expectations. Given the resilience of our business, the strength of our portfolio and exciting marketing and innovation plans, we are confident of making further progress in 2019,' said Simon Litherland, Chief Executive.


Related content

Broker Forecast - Deutsche Bank issues a broker note on Britvic PLC

Deutsche Bank today reaffirms its buy investment rating on Britvic PLC (LON:BVIC) and raised its price target to 1100p (from 1050p).

Broker Forecasts data provided...

Fri, 11/10/2019 - 11:20


Broker Forecast - Liberum Capital issues a broker note on Britvic PLC

Liberum Capital today initiates coverage of Britvic PLC (LON:BVIC) with a buy investment rating and price target of 1050p.

Broker Forecasts data provided by ...

Tue, 24/09/2019 - 09:30


Broker Forecast - Jefferies International issues a broker note on Britvic PLC

Jefferies International today upgrades its investment rating on Britvic PLC (LON:BVIC) to buy (from hold) and raised its price target to 1000p (from 880p).

Broker...

Fri, 13/09/2019 - 09:50


British stocks ripe for a foreign takeover

Author: 

Last year was a vintage one for mergers and acquisitions (M&A) with deals totalling more than $4trn, the highest figure since 2007 and the onset...

Thu, 12/09/2019 - 00:00


Britvic revenues fall in Q3 amid 'more challenging' backdrop in France and Ireland

Drinks maker Britvic reported a fall in third-quarter revenue as 'more challenging' performance in France and Ireland stifled growth.

For the quarter ended 7...

Wed, 24/07/2019 - 07:44