Britvic Plc Interim Results, Interview With Chief Executive and Group Finance DirectorBy Britvic Plc, PRNE
Thursday, May 26, 2011
LONDON, May 27, 2011 -
Britvic Plc, one of Europe's leading soft drinks businesses, has today
announced its interim results. Revenue grew by 25.3%, including a first time
contribution from Britvic France. Britvic reported an increase of 7.9% in
Group EBITA, despite unprecedented input cost inflation, and an interim
dividend increase of 8.5% to 5.1p per share.
In a video interview with business broadcaster www.cantos.com,
Chief Executive Paul Moody said that the first half results showed "a really
solid performance across the Group" which shows "the resilience of the
business across all of its markets."
Britvic International revenue grew by 20.4% and GB revenue was up 6.8% in
the second quarter. Other highlights included the performance of Britvic
France, acquired one year ago and pricing improvement in every market.
Group Finance Director John Gibney added that, despite a challenging
marketplace, with 90 per cent of raw materials hedged, "Britvic remains
confident about the outcome for the full year."
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Tags: Britvic Plc, London, May 27, United Kingdom