Britvic reports fiscal H1 earnings of US$39M, down 10.6% from year-ago period amid weaker sales, average realized price in Ireland; revenue up 1.7% to US$1B

Nevin Barich

Nevin Barich

May 24, 2012 – Britvic

HERTS, England , May 24, 2012 (press release) – Britvic plc announces its interim results for the 28 weeks ended 15 April 2012(1),(2)

Group Financial Headlines:

* Group revenue up 1.7% to £641.1m
* Group EBITA down 6.9% to £41.9m, EBITA margin down 60bps due to impact of 2011 higher raw material costs before the implementation of 2012 price increase
* Fixed costs down 3.3% (actual exchange rate)
* Underlying free cash flow improved by 26.6%
* Group adjusted net debt down by £21.6m to £534.4m
* Interim dividend per share up by 3.9% to 5.3p

Group Business Highlights:

* GB revenue growth of 2.4%, led by carbonates +6.7% gaining further market share
* Britvic France revenue up 6.4%, led by strong price growth of 11.5%(7)
* International delivered double-digit revenue growth, driven by US Fruit Shoot and expansion into new states, including Texas, increasing number of US states to 8
* Britvic Ireland, further decisive action taken on costs to mitigate declining top line

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.


About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025 795

+1 (310) 558 0008
+1 (310) 558 0080 (FAX)

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.