Britvic Interim Results Interview With CEO

LONDON - In a video interview released on www.cantos.com Britvic CEO Paul Moody said that the soft drinks market is performing relatively well in an otherwise difficult economy. At the heart of that is “consumers switching to brands and categories that they know and love” in which Britvic has a strong position with brands such as Pepsi, Robinsons Squash and Fruit Shoot.

Britvic’s business in Ireland, bought in 2007, is challenged by the decline in that market, but Mr Moody pointed out that Britvic’s share of the market is holding and, in some categories, growing. Also, the synergies promised at the time of the transaction are coming through as a major business transformation programme is implemented.

Also interviewed John Gibney, Finance Director, said that Group revenue was up over 6%. He went on to note that when you start to break this figure down you could see a very strong out-performance of the marketplace. He also pointed out that as Britvic constantly delivered strongly on cost control and cash control, it helped “deliver earnings growth of over 13% in the first half year.”

The interviews and transcripts are available now on w3.cantos.com/britvic.

It’s free to view. All you need to do is register at www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44(0)207-936-1333.

Source: Britvic Soft Drinks Limited

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