Britvic plc Q1 Trading Statement (5775O)
31 January 2019 - 6:00PM
UK Regulatory
TIDMBVIC
RNS Number : 5775O
Britvic plc
31 January 2019
Britvic plc ("Britvic")
Q1 Trading Statement to 23 December 2018
"First quarter in line with expectations"
Trading in the first quarter was in line with our expectations.
Reported revenue increased 4.5% to GBP352.4m and organic constant
currency revenue, excluding the soft drink levies, increased 1.5%
to GBP337.3m.
Simon Litherland, Chief Executive, commented:
"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."
For further information please contact:
Investors
Steve Nightingale Director of Investor Relations +44 (0) 7808
097784
Media
Kathryn Partridge Director of Corporate Relations +44 (0) 7803
854229
Stephanie Macduff-Duncan Senior Corporate Communications Mgr +44 (0) 7808 097680
Stephen Malthouse Headland +44 (0) 203 805 4844
Cautionary note regarding forward-looking statements
This announcement includes statements that are forward-looking
in nature. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the group to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Except as
required by the Listing Rules and applicable law, Britvic
undertakes no obligation to update or change any forward-looking
statements to reflect events occurring after the date such
statements are published.
Quarter One ("Q1") reporting period
Britvic GB, Ireland and Britvic International's first-quarter
period runs from 1 October to 23 December 2018. Britvic France,
Britvic Brazil and Counterpoint cover the period from 1 October to
31 December 2018. Please note that Britvic Ireland's volume and ARP
exclude the sale of third-party factored brands through
Counterpoint.
Next scheduled announcement
Britvic will release its interim results on 22 May 2019.
Notes to editors
About Britvic
Britvic is one of the leading branded soft drinks businesses in
Europe. The company combines its own leading brand portfolio
including Robinsons, Tango, J2O, Fruit Shoot, Teisseire and MiWadi
with PepsiCo brands such as Pepsi, 7UP and Lipton Ice Tea which
Britvic produces and sells in GB and Ireland under exclusive
PepsiCo agreements.
Britvic is the largest supplier of branded still soft drinks in
Great Britain ("GB") and the number two supplier of branded
carbonated soft drinks in GB. Britvic is an industry leader in the
island of Ireland with brands such as MiWadi and Ballygowan, in
France with brands such as Teisseire and Pressade and in Brazil
with Maguary and Dafruta. Britvic is growing its reach into other
territories through franchising, export and licensing. Britvic's
management team has successfully developed the business through a
clear strategy of organic growth and international expansion based
on creating and building scale brands. Britvic is listed on the
London Stock Exchange under the code BVIC and is a constituent of
the FTSE 250 index.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
TSTURSSRKNAAOAR
(END) Dow Jones Newswires
January 31, 2019 02:00 ET (07:00 GMT)
Britvic (LSE:BVIC)
Historical Stock Chart
From Apr 2024 to May 2024
Britvic (LSE:BVIC)
Historical Stock Chart
From May 2023 to May 2024