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BRITVIC Looks Like A Trading BUY. (BVIC)     

goldfinger - 11 Dec 2009 14:28

Britvic.........

Britvic PLC is one the two leading soft drinks companies in the UK. It was floated after InterContinental Hotels, Whitbread and Pernod Ricard SA sold 181m share. Britvic is one of the two leading soft drinks businesses in Great Britain by both volume and retail sales value, with many of its brands being number one or two in their respective sub-categories. The Company is the number one supplier to the GB licensed on-trade and number two in the GB take-home. Its brand include Pepsi, Robinsons, Tango, Britvic, J2O and Fruit Shoot.

Chart.aspx?Provider=EODIntra&Code=BVIC&S


DAILY INTRADAY CHART.......

Chart.aspx?Provider=Intra&Code=BVIC&Size

goldfinger - 14 Dec 2009 12:19 - 2 of 117

500p target on this one.....

Broker recommendation full details
Date: 30 November, 2009
Broker: Nomura
Company: Britvic


Recommendation:
Raises price target to 500p from 410

InterMarket Stock's recommendation rating:
Buy

goldfinger - 14 Dec 2009 20:27 - 3 of 117

by and large well favoured by Brokers...

by and large......

Britvic PLC

FORECASTS
2010 2011

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Shore Capital [R]
04-12-09 HOLD 89.50 29.90 95.00 31.70

FinnCap
02-12-09 BUY 98.00 33.90 16.90 106.00 36.80 18.40

Evolution Securities Ltd
01-12-09 BUY 103.00 35.12 18.20 114.00 38.55 20.00

Altium Securities
30-11-09 BUY 94.60 31.30 15.60 105.30 34.80 17.40

Nomura Research Institute
27-11-09 BUY 96.30 33.10 16.50 108.40 37.30 18.40

Numis Securities Ltd [R]
26-11-09 HOLD 93.10 31.80 102.10 35.00

ABN AMRO [R]
02-10-09 BUY 91.14 30.65 15.89

Mirabaud Securities [R]
16-07-09 ADD 92.60 31.50 15.76

2010 2011
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 97.16 33.51 16.70 106.55 37.05 18.40
1 Month Change 4.10 1.86 0.89 3.68 2.24 0.80
3 Month Change 4.39 2.02 1.18 3.66 2.09 0.85


GROWTH
2009 (A) 2010 (E) 2011 (E)

Norm. EPS 25.92% 8.79% 10.56%
DPS 12.17% 29.46% 10.18%

INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)

EBITDA m 169.35m 181.00m

EBIT m m m

Dividend Yield 3.30% 4.28% 4.71%

Dividend Cover 2.39x 2.01x 2.01x

PER 12.68x 11.65x 10.54x

PEG 0.49f 1.33f 1.00f

Net Asset Value PS p p p

goldfinger - 15 Dec 2009 17:06 - 4 of 117

Im amazed this stock is only 379p on the market especially with rumours of suitors looking at it.

Analyst expectations go all the way up to a target of 500p.....

Broker recommendation full details

Date: 30 November, 2009
Broker: Nomura
Company: Britvic


Recommendation:
Raises price target to 500p from 410

InterMarket Stock's recommendation rating:
Buy

Over all Intermarket Stock rating for
Britvic
Overweight


Historical recommendations for Britvic

30 November, 2009 Raises price target to 500p from 410 Buy

27 November, 2009 Raises price target to 440p from 365 Neutral, hold

26 November, 2009 Raises price target to 420p from 400 Not rated

25 November, 2009 upgrade to Buy from hold Buy

16 November, 2009 Retain Buy price price target raised to 400p from 360p

Way undervalued imho.

tabasco - 15 Dec 2009 18:27 - 5 of 117

I hold a nice chunk of these at 2-34...I agree goldfingerthis one got under the radar

goldfinger - 15 Dec 2009 19:52 - 6 of 117

Certainly as tobasco and just look at the chart, one of the most bullish trend channels around.

Next week should be a goodie all the way up to 2nd of Jan when trading volume is low but nearlly all buys.......nice.

goldfinger - 16 Dec 2009 09:36 - 7 of 117

Yesterday late...

Britvic PLC

FORECASTS
2010 2011
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Evolution Securities Ltd
15-12-09 BUY 103.00 35.12 18.20 114.00 38.55 20.00

goldfinger - 16 Dec 2009 14:55 - 8 of 117

RNS Number : 2296E
Britvic plc
16 December 2009


















16 December 2009










2009 Annual Report




The Company gives notice of the publication of its annual report for the year ended 27 September 2009.




Two copies of the above document, together with the Notice of AGM and Proxy Form, have been submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:




The Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS




Telephone: 020 7676 1000




(Documents will usually be available for inspection within six normal business hours of this notice being given).







John Price

Company Secretary

Britvic plc





This information is provided by RNS
The company news service from the London Stock Exchange

END


tabasco - 12 Jan 2010 17:53 - 9 of 117

Just you and me having it off on this one then Goldfinger.

tabasco - 27 Jan 2010 08:50 - 10 of 117

AGM and Interim Management Statement 27th January 2010...More good readingand positive revenue growthwhich they again outperformed the GB soft drinks market a silent stock that has been good to me

kimoldfield - 27 Jan 2010 08:58 - 11 of 117

Well done Tabby!

tabasco - 29 Mar 2010 08:18 - 12 of 117

Quietly hitting new highs...

tabasco - 19 Apr 2010 08:59 - 13 of 117

19/04/10 FLASH: Britvic upgraded to overweight from equal-weight at Morgan Stanley

Maybe a 5...is not far away? no ramp intended....

tabasco - 23 Apr 2010 12:40 - 14 of 117

Are you still in Goldfinger?4-90...and moving with ease

BAYLIS - 23 Apr 2010 15:07 - 15 of 117

Chart.aspx?Provider=EODIntra&Code=BVIC&S

tabasco - 23 Apr 2010 15:12 - 16 of 117

Thanks Baylis...

tabasco - 14 Jul 2010 10:23 - 17 of 117

Up up and awaynew highsme too!!!

tabasco - 22 Jul 2010 14:45 - 18 of 117

I am sure you all drink Pepsi7Up Robinson's squash Tango Lipton Ice TeaFruit Shoot J20. and many more this thread is as quite as a mute underwaterstrange as this stock only knows one directionagain new highs today..

tabasco - 23 Jul 2010 08:00 - 19 of 117

Britvic plc ("Britvic") Interim Management Statement

23rd July 2010



Britvic today reports its third-quarter trading performance. The period covered by this statement ("the quarter") is defined in the notes below.



Group revenue of 289.5m (including Britvic France) in the quarter represents an increase of 16.2% on the prior year, with the underlying GB, International and Irish businesses seeing a combined revenue increase of 6.9%. GB & International revenues in the quarter grew by 6.6% to 223.2m. Britvic France, the newly-created division comprising FruitEntreprises SA, contributed revenue of 23.2m for the month of June following completion of the acquisition at the end of May 2010. This was in line with expectations.



In the year to date, group revenue (including Britvic France) increased by 8.5% to 794.8m, with the underlying GB, International and Irish businesses delivering a revenue increase of 5.4%. GB & International revenues in the year to date grew by 8.0% to 638.8m. Britvic Ireland's sterling-based revenues were up 8.6% in the quarter, leading to a decelerating year-to-date decline of 5.7%.

tabasco - 02 Dec 2010 07:19 - 20 of 117

Preliminary Results - 53 Weeks ended 3 Oct 2010



TIDMBVIC

RNS Number : 2276X
Britvic plc
02 December 2010

?
Britvic plc Preliminary Results
2nd December 2010

Britvic plc ("Britvic") today announces its preliminary results for the 53 weeks
ended 3rd October 2010 ("the period"). Numbers in this announcement are all
quoted before exceptional and other items, except where stated otherwise.
Year-on-year comparatives are quoted on a 52 week vs. 52 week basis and
therefore exclude the incremental impact of the additional week in 2010. Britvic
France was acquired on 28th May 2010. Prior year Profit and Loss numbers are
stated on a constant currency basis to eliminate performance variations driven
by foreign exchange translation.
Financial Highlights (53 week unless stated):
� Group (ex-France) 52 week revenue growth of 5.9%, driven by
GB/International, up by 8.6%;
� Ex-France, a 52 week EBIT margin improvement of 60 basis points;
� Adjusted (for amortisation) EPS growth of 18.1% to 39.8p;
� Full year dividend per share up 11.3% to 16.7p;
� Adjusted Group Net Debt to EBITDA ratio of 2.4x, on a pro-rata basis;
� A non-cash exceptional impairment charge of GBP104.2m on the carrying
value of Britvic Ireland's
intangible and property assets.

Business Highlights:
� Continued market share gains across the GB brand portfolio;
� A successful innovation programme, including the GB launch of Mountain
Dew Energy;
� Further expansion into mainland Europe with the successful acquisition of
Britvic France for EUR237.0m, completed at the end of May;
� Major new launches in 2011 of Fruit Shoot in Australia, Belgium and an
extension of Fruit Shoot trials in the U.S.

The Board is proposing a final dividend per share of 12.0p bringing the full
year dividend per share to 16.7p, an increase of 11.3% on the prior year. This
reflects the Board's continuing confidence in the future prospects of the
business, as well as the underlying cash generative nature of its activities.


Paul Moody, Chief Executive commented:
"Britvic has again demonstrated its ability to grow the business despite the
difficult conditions in the wider economy. This performance was achieved through
the breadth and quality of our brand portfolio, strong delivery of innovation
and a targeted and focused programme to grow our business internationally.

We are delighted that Britvic France is performing well and its integration into
the Group is on plan. We are taking further steps to restructure our business in
Ireland and believe that this, along with our strong brands and leading market
positions will create a platform to enable us to rebuild the profitability of
this business.

Whilst we expect the consumer and cost environment to remain challenging, we are
confident in our ability to compete strongly in the markets in which we operate.
The Group's extensive brand and innovation plans, combined with satisfactory
trading in the first few weeks of the new financial year, mean we are in good
shape to deliver another robust set of results for the year ahead."

tabasco - 27 Jan 2011 08:36 - 21 of 117

Britvic Q1 group revenues up 20%

http://moneyam.uk-wire.com/cgi-bin/articles/201101270700171565A.html?epic=BVIC

dreamcatcher - 27 Nov 2011 19:15 - 22 of 117

Wednesday 30th November -

Britvic, the soft drinks group behind the Robinsons and J2O brands, is expected to raise its final dividend by 8pc to almost 13p, with Nomura believing the company can achieve 5pc medium-term growth in Britain and France. It also forecasts full-year operating profits before amortisation of 134m on 1.29bn sales.

skinny - 30 Nov 2011 07:44 - 23 of 117

Final Results.

Financial highlights (52 week unless stated)(1):

Group revenue growth of 14.6%; Group ex-France +0.8%. GB, France and International all
delivered positive volume and revenue growth, with Ireland constraining overall group growth

Group EBITA growth of 4.3%, adjusted EPS decline versus 53 weeks in 2010 of 8.2%

Group adjusted net debt to EBITDA ratio of 2.4x compared to 2.5x last year

Group bank syndicate successfully refinanced to deliver strong funding platform to 2016

Full year dividend per share up 6.0% to 17.7p

Chris Carson - 07 Dec 2011 17:39 - 24 of 117

Xmas punt this aft long @316.6 S/Bet target 340.0 stop 306.6

Chris Carson - 16 Dec 2011 16:00 - 25 of 117

Stopped out -10 :O(

skinny - 25 Jan 2012 07:05 - 26 of 117

Interim Management Statement.

Britvic plc ("Britvic") Quarter 1 Interim Management Statement 25th January 20121


· Group Q1 revenue increased by 2.5%, driven by growth in GB, France and International
· GB take-home channel share gain
· Strong carbonates revenue growth, led by substantial Pepsi share gain
· Continued double-digit revenue growth in France, driven by pricing growth
· Pension funding partnership will be successfully implemented by end of January 2012


GB revenue grew by 2.8%. Britvic achieved take-home market volume and value share gains in the important Christmas quarter. Carbonates performed particularly strongly with revenue growth of 5.8%, led by Pepsi, which substantially grew its market share of the take-home cola market. With our increased year on year promotional activity in the quarter, carbonates ARP growth was 0.2%, which builds on the strong prior year Q1 comparative of +4.6%. GB stills showed an improving performance compared to recent quarterly trends, with revenue declining by 1.7%.

Ireland revenue declined by 10.0%. Volume was down 0.2% and ARP (excluding third party products) was down by 5.3% due to both promotional intensity and adverse mix. Britvic Ireland held value share of the take-home market. Half of the 10% revenue decline is attributable to the third-party brands, largely alcohol, which we distribute via the licensed wholesale business where the on-to-off trade shift was especially marked.

France revenue grew by 12.6%. Strong revenue performance was driven by the achievement of significant price increases to cover raw material inflation, leading to ARP growth of 14.7%. Our volume and value market share of syrups has further increased.

International revenue grew by 1.7%. The single-digit revenue growth in Q1 and ARP decline reflects the different timing of concentrate shipments to Australia compared to the stock build last year and the phasing of promotional activity in export markets. The prior year Q1 revenue comparative was 41.5%. We remain on track to achieve full year revenue growth guidance of 20%.


Paul Moody, Chief Executive, commented:

"Our GB, French and International business units have again delivered positive revenue growth and we continue to compete strongly and effectively in each of our markets.

We expect the general economic and trading environments to remain challenging but, despite this caution, we are confident in our ability to deliver another solid set of results for the year ahead, in line with our expectations."



[1] All numbers and comparisons are quoted on a constant exchange rate basis. Volume and ARP are adjusted for the impact of double concentrate on Robinsons and MiWadi to provide a meaningful comparison. Numbers not adjusted for double concentrate are available on the Britvic Investor Relations website at www.britvic.com

skinny - 26 Jan 2012 10:50 - 27 of 117

Another strong day. Yield still 4.95%

Chart.aspx?Provider=EODIntra&Code=BVIC&S

skinny - 03 Feb 2012 15:09 - 28 of 117

Looks to have finally cleared 360.

skinny - 24 May 2012 07:14 - 29 of 117

Interim Results.

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

skinny - 11 Jul 2012 08:37 - 31 of 117

12 month low just touched @254.80p 250.40p. Worth a punt?

skinny - 19 Jul 2012 07:04 - 32 of 117

Interim Management Statement

· Group Q3 performance was materially impacted by:

§ Very poor weather experienced during the quarter
§ The product recall of Fruit Shoot and Fruit Shoot Hydro, impacting the group Q3 revenue growth by around 2%[2]

· Group Q3 revenue declined by 5.1% at constant currency, with a negative currency impact of 2.5% in the quarter resulting in a revenue decline of 7.6% on an actual exchange rate basis

· Continued average realised price growth in France, up 6.9% with revenue growth of 4.3%

· Strong progress of Fruit Shoot in the USA, which is unaffected by the recall, continues

GB Q3 revenue declined by 6.9% (ytd: -0.8%). ARP (average realised price) growth of 0.2% is constrained by adverse channel and brand mix, whilst volumes declined by 7.1%.

§ GB carbonates ARP grew by 1.6% while volumes were down by 4.4% resulting in a revenue decline of 3.0%. Pepsi's market share of the take-home cola market, as measured by Nielsen, has grown again during the quarter in both volume and value.

§ Stills volume, materially impacted by the Fruit Shoot recall, declined by 13.3% while ARP increased by 1.1% leading to a revenue decline of 12.3%. The poor weather and adverse channel mix has materially affected the performance of J20 in the quarter, whilst Robinsons has shown encouraging market share gains in the last 12 weeks.

Ireland Q3 revenue declined by 11.1% (ytd: -10.3%) as a result of volumes down 7.6% and ARP down 4.2%. Price deflation continues with increased promotional intensity and adverse channel mix as the grocery channel performed better than the impulse and pub and club channels.

France Q3 revenue grew by 4.3% (ytd: +5.7%) with volume down by 2.4%. Strong ARP growth continued in the quarter at 6.9% as a result of our price increase and pack size changes implemented earlier in the year.

International Q3 revenue declined by 1.3% (ytd: +6.2%). Franchise has made continued progress in the quarter with strong sales to the US, which was unaffected by the recall of Fruit Shoot. However the Fruit Shoot recall has materially impacted the export markets of the business unit, especially in the Netherlands and Belgium.

Capital guidance: We have taken decisive action in response to the Fruit Shoot recall to support the ongoing cash generation of the business, consequently we now expect group capex for 2012 to be approximately £50 million. We are reviewing our plans for 2013 and expect a reduction versus previous guidance including the deferral of both the SAP implementation and a new Fruit Shoot line in France until 2014 at the earliest.

skinny - 19 Jul 2012 14:13 - 33 of 117

KickYourselfTiny.gif

skinny - 06 Aug 2012 12:55 - 34 of 117

Damn damn damn!

parrisf - 06 Aug 2012 15:22 - 35 of 117

I've missed it as well. But it's in my watch list and a good 6.55% divi.

skinny - 05 Sep 2012 09:23 - 36 of 117

KickYourselfTiny.gifStatement re Possible Offer

The Boards of Britvic and A.G. Barr note the recent press speculation and confirm that, following an approach by A.G. Barr to Britvic, they are in preliminary discussions which may or may not result in an all share merger of A.G. Barr and Britvic.

A merger would create one of the leading soft drinks companies in Europe, with a strong portfolio of market leading brands. The combination would have compelling industrial logic and represents an opportunity for both companies to enhance their industry position, and achieve significant synergies and shareholder value.

Discussions are at an early stage and, whilst there can be no certainty at this stage that such discussions will conclude successfully, agreement has been reached with respect to certain key aspects of the merger.

It is agreed that Britvic shareholders would own 63% and A.G. Barr shareholders 37% of the enlarged group's share capital.

The Board of Directors would be drawn equally from the Boards of both companies. Roger White, CEO of A.G. Barr, would become CEO of the combined group and John Gibney, CFO of Britvic, would become CFO. Gerald Corbett, Chairman of Britvic, would become Chairman of the Board of the combined group, and Ronnie Hanna, Chairman of A.G. Barr, would become Deputy Chairman. In addition, the new Board would comprise six other non-executive directors, three nominated from each of Britvic and A.G. Barr.

goldfinger - 05 Sep 2012 09:53 - 37 of 117

Agggggggggggggggggggggggggggggggh. it was written.

KickYourselfTiny.gif

skinny - 05 Sep 2012 12:24 - 38 of 117

It must be hard being a broker!!!

Canaccord Genuity Hold upgrades it's TP from 200p to 350p

tabasco - 05 Sep 2012 12:27 - 39 of 117

And here's to you Mrs. Robinson... hot stuff loves you more than you will know (Wo, wo, wo)

This is the second time I have loved Mrs. Robinson…an older women…but I do have a crush on her!!!

Dil - 05 Sep 2012 13:00 - 40 of 117

Wey hey tabby's back.

tabasco - 05 Sep 2012 13:07 - 41 of 117

Dil…never been away…just don’t do much these days…always been a tad lucky…

Ahhhh…the joys of being an investor…the woes of being a trader? Mrs Robinson’s short squeeze has always been a nice cocktail…A Boom Shaka Laka!

Toodle pip! …all the very best to you…

skinny - 03 Oct 2012 07:14 - 42 of 117

Update on possible merger

skinny - 18 Oct 2012 07:46 - 43 of 117

52 Week Trading Update to 30 Sept 2012

Full year:


· Group revenue of £1,256.4m, a decline of 0.8% at a constant exchange rate, due primarily to the Fruit Shoot recall which materially impacted GB stills performance as well as International and France. Revenue declined 2.6% at the actual exchange rate

· As anticipated the product recall impacted group revenue growth by approximately 2%

· A strong performance in GB carbonates with revenue growth of 3.1%

· Britvic Ireland revenue declined by 9.6%

· Strong pricing growth in France of 10.9%, resulted in revenue growth of 8.0%

Quarter four:


· Group revenue declined by 1.9% on a constant exchange rate and 4.9% on an actual exchange rate basis

· Fruit Shoot re-supply commenced within the six week timeframe previously guided and we remain on track to meet historic levels of supply by January 2013

· GB carbonates continued to take both volume and value market share, led by Pepsi

· Strong revenue growth of 13.3% in France was driven by continued pricing growth and a strong performance from our syrup brands

Merger discussions:

Following the announcement of a potential all share merger with A.G. Barr p.l.c., it is confirmed that talks are on-going


skinny - 31 Oct 2012 07:42 - 44 of 117

Update on possible merger



Further to the announcement by the Boards of Britvic and A.G. Barr on 3 October and in accordance with Rule 2.6(a) of the Code, each of Britvic and A.G. Barr are required, by not later than 5.00 pm on 31 October 2012, either to announce a firm intention to make an offer for A.G. Barr or Britvic (as appropriate) in accordance with Rule 2.7 of the Code or announce that it does not intend to make such an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies.

Substantial progress has been made and the two parties are now at an advanced stage of discussions, which are ongoing. Consequently, at the request of the Boards of Britvic and A.G. Barr, the Takeover Panel has consented to an extension of this deadline until 5.00pm on 28 November 2012.

This announcement has been made with the agreement of Britvic and A.G. Barr.

skinny - 14 Nov 2012 08:32 - 45 of 117

AG Barr and Britvic agree to merger

Soft drink rivals AG Barr and Britvic have agreed the terms of a merger which creates one of Europe's largest soft drinks companies.

The takeover panel had given the companies an extended deadline of 28 November to announce their intentions.

Irn Bru maker AG Barr and Tango producer Britvic opened discussions about a merger in September.

The new combined company will be called Barr Britvic Soft Drinks plc and will have annual sales of more than £1.5bn.

skinny - 27 Nov 2012 08:22 - 46 of 117

Preliminary Results - 52 Weeks ended 30 Sept 2012

Group Financial headlines:

· Revenue down 0.8% to £1,256.4m. The Fruit Shoot recall constrained revenue growth by approximately 2%
· EBITA of £115.6m including costs associated with the Fruit Shoot recall of £16.9m with the balance of up to £8m to come in 2013
· Rigorous cost discipline and a focus on cash generation contributed to a reduction in net debt
· Full year dividend maintained at prior year level of 17.7p per share

Group Business Highlights:

· GB Business takes market share led by carbonates and Pepsi
· Fruit Shoot re-entry plan on-track
· Robinsons take-home value market share back to its highs of 2 years ago
· Agreement signed with the Pepsi-Cola Bottling Company of Central Virginia for the distribution of Fruit Shoot in Virginia
· France syrup brands take further market share

skinny - 14 Feb 2013 15:08 - 47 of 117

BVIC seems to have come off worse on yesterday's news - I'm sure there potential here!

Chart.aspx?Provider=EODIntra&Code=BVIC&SChart.aspx?Provider=EODIntra&Code=BAG&Si

skinny - 22 May 2013 14:38 - 48 of 117

Results well received.


Chart.aspx?Provider=EODIntra&Code=BVIC&S

Chris Carson - 22 May 2013 23:18 - 49 of 117

skinny - post 47 eh! understatement of the year. I remember the frustration of this stock getting through 300.0 nightmare. Just goes to show patience will in the end be rewarded. :O)

skinny - 23 May 2013 06:42 - 50 of 117

Tell me about it Chris - look at posts 31 through 38.

skinny - 25 Jul 2013 07:13 - 51 of 117

Q3 Interim Management Statement 25 July 2013

Highlights:

· Revenue of £316.3m, growth of 4.0% constant currency and 5.4% actual exchange rate
· Revenue growth in all segments, except for Ireland where own brand revenue growth was more than offset by decline in third party brands in the licensed wholesale business
· GB revenue growth of 4.4% as a result of our continued focus on growing value over volume and our out-performance in the impulse channel
· Fruit Shoot is now available in 32 US states

GB Q3 revenue increased by 4.4% (ytd: +1.3%). As measured by Nielsen, the take-home soft drinks market grew value in the last 12 weeks by 2.9%. A promotional strategy focused on value growth and our market out-performance in the impulse channel led to ARP (average realised price) growth of 6.0%.

· GB carbonates revenue grew by 2.1% as a result of ARP growth of 4.2%, more than offsetting a volume decline of 2.0%. Across the quarter we saw continued elevated levels of competitor promotional activity.

§ GB stills revenue was up 8.0%, driven by ARP growth of 8.6% with a volume decline of 0.6%. Sales of Fruit Shoot continued to accelerate as planned, but were lower than last year.

§ Throughout the quarter we continued to focus on building stronger brand equity with campaigns such as Robinsons Wimbledon and Pepsi Beyoncé, aligned with an effective price promotion strategy and higher levels of marketing investment.

Ireland Q3 revenue decreased by 5.5% (ytd: -5.5%). Overall revenue was down due to the continued decline of the third-party brands in the licensed wholesale business. Our own brands' revenue was up, driven by strong ARP growth of 3.0% which more than offset a volume decline of 2.5%, outperforming a difficult Irish soft drinks market. As measured by Nielsen, the take-home soft drinks market was down by 4.5% in volume and down 3.3% in value during the last 12 weeks.

France Q3 revenue grew by 4.6% (ytd: +3.4%). Volume increased by 0.3% and ARP grew by 4.2% in the quarter as a result of growth in our branded business, especially Fruit Shoot and Teisseire. In syrups, we achieved our highest ever four week market value share due to strong brand execution across the market. This strong performance was offset to an extent by the juice business which held market value share but saw a volume decline.

International Q3 revenue increased by 25.0% (ytd: +25.6%). The Fruit Shoot roll out to 32 US states led to substantial growth in concentrate sales which was reflected in the ARP increase of 29.0%.

tabasco - 25 Jul 2013 08:57 - 52 of 117

A nice simple stock that has never been messed about with….read Goldfingers first four posts then kick yourselves again…he is never too far wrong…

HARRYCAT - 23 Sep 2013 15:10 - 53 of 117

Seems that Fruit Shoot is being launched in the US and expectations are very high that it will be a leader in children's fruit drink market within a comparatively short period of time. Don't know who is endorsing the product yet, but no doubt it will be supported by a sports megastar at the launch.

PE c13.5 - Div yield 3.5% - Most broker targets around the 540p - 600p range.

skinny - 17 Oct 2013 07:50 - 54 of 117

52 Week Trading Update to 29 September 2013

Q4 highlights:
· Group revenue up 12.8% (15.9% Actual Exchange Rate) to £366.4m, benefitting from the warm weather in July and full availability of Fruit Shoot compared to this time last year
· Volume and pricing growth in GB, France and International
· Fruit Shoot market share in GB back to pre-recall levels and ahead in France and the Netherlands

Full Year highlights:
· Group revenue growth of 4.4% (5.2% AER) to £1,321.9m
· Significant pricing growth of 5.4%, with all business units in growth
· Marginal decline in volume, reflecting the limited Fruit Shoot availability earlier in the year and the weak Irish market
· Operating profit expected to be slightly above the top end of the £125m to £131m previous guidance range

GB Q4 revenue increased by 13.8% (FY: +4.4%). As measured by Nielsen, the take-home soft drinks market grew value in the last 12 weeks by 9.8% and volume by 7.8%. In this period Britvic outperformed the market and grew value share.

· GB carbonates revenue grew by 8.6% as a result of Average Realised Price (ARP) growth of 2.0% and volume growth of 6.7%. Pepsi grew both volume and value market share in Q4 in a competitive market.

§ GB stills revenue was up 23.2%, driven by ARP growth of 6.2% and volume growth of 16.2%. Fruit Shoot's market share and brand perception measures are now back to pre-recall levels.

Ireland Q4 revenue increased by 1.8% (FY: -3.5%). The underlying trading conditions remained largely unchanged from last year with the revenue growth in Q4 reflecting the benefit of the good weather. ARP was down 2.9% in Q4, reflecting the ongoing consumer focus on value.

France Q4 revenue grew by 13.5% (FY: +6.2%). Volume increased by 6.6% and ARP grew by 6.5% in Q4. Fruit Shoot performance was strong and the brand performed ahead of where it was pre-recall. The warm weather in France benefitted the syrups category in particular and our brands continued to gain share in the category.

International Q4 revenue increased by 35.7% (FY: +28.0%). In the Netherlands, Fruit Shoot continued to perform ahead of where it was pre-recall. The US franchise business continued to progress with Fruit Shoot distribution now in 32 states.

tabasco - 17 Oct 2013 08:08 - 55 of 117

Easy money!

Chris Carson - 19 Nov 2013 15:56 - 56 of 117

Limit buy triggered on the spreads earlier @ 602.0 looking for a bounce leading up to Final next tuesday 26th.

Dil - 20 Nov 2013 01:38 - 57 of 117

tabasco - 05 Sep 2012 13:07 - 41 of 56

... xxxx




you too nutter :-)

skinny - 26 Nov 2013 07:08 - 58 of 117

Preliminary Results

Financial highlights:
· Full year revenue growth of 4.4% to £1,321.9m
· Strong EBITA growth of 18.4% to £137.9m with a 120bps improvement in margin
· Brand contribution growth across all business units
· Strong free cash flow generation of £103.5m, resulting in a 9.9% reduction in adjusted net debt
· Adjusted net debt /EBITDA ratio reduced to 2.2x from 2.8x
· Adjusted earnings per share up 27.5% to 35.2p and full year dividend increases by 4.0% to 18.4p

Strategic highlights:
· Strategic initiatives remain on-track to deliver £30m of cost savings per annum by 2016, £10m of which will be invested into the international growth opportunities
· Agreement concluded with PepsiCo Americas Beverages (PAB) for a 15 year bottling agreement for further manufacturing and distribution in the USA. As a result Fruit Shoot will be distributed in 41 states during 2014
· Fruit Shoot market share in GB back at pre-recall levels and ahead internationally

Chris Carson - 26 Nov 2013 08:08 - 59 of 117

And what a nice bounce it was stop to 619.6 to lock in 17.6

Chris Carson - 27 Nov 2013 11:18 - 60 of 117

Chart.aspx?Provider=EODIntra&Code=BVIC&S


Stop to 630.0 on the spreads to lock in + 28. Going well but suspect at some point will retrace to close the gap.

Chris Carson - 27 Nov 2013 13:35 - 61 of 117

Stop to 635.0 to lock in + 33

Chris Carson - 28 Nov 2013 08:37 - 62 of 117

Chart.aspx?Provider=EODIntra&Code=BVIC&S


Powered by IST's
Deltastream

Stop to 641.0 to lock in + 38

skinny - 28 Nov 2013 08:49 - 63 of 117

Well done Chris - I can't remember why I ever sold these!

Chris Carson - 28 Nov 2013 08:51 - 64 of 117

Cheers skinny, didn't think you had.

skinny - 28 Nov 2013 08:54 - 65 of 117

Yes I sold the last lot @£6 - I just have a small spread bet open now - idiot!!!!


KickYourselfTiny.gif

Chris Carson - 28 Nov 2013 11:38 - 66 of 117

Stop to 655.0 to lock in + 53

Chris Carson - 28 Nov 2013 15:55 - 67 of 117

Stop to 660.0 to lock in + 58

Chris Carson - 29 Nov 2013 10:05 - 68 of 117

Stop to 670.0 to lock in + 68 still rising on fresh air volume wise.

Chris Carson - 03 Dec 2013 08:17 - 69 of 117

Taken profits on spread bet @ 677.0 + 75

skinny - 03 Dec 2013 08:21 - 70 of 117

Nice one.

Chris Carson - 09 Dec 2013 09:42 - 71 of 117

670.0 breached, nice rise this morning, volume needs to improve.

skinny - 29 Jan 2014 07:02 - 72 of 117

Q1 Interim Management Statement to 22 Dec 2013

Q1 highlights:
· Positive price/mix led to an Average Realised Price (ARP) improvement of 2.7%
· GB revenue growth of 1.5%, driven by robust ARP growth of 3.0%
· Ireland revenue growth of 2.1%* on a comparable basis, reported revenue declined 5.8%, due to 8 fewer trading days
· France revenue growth of 4.7%**, underpinned by ARP growth of 4.5%
· International revenue growth of 5.6%, driven by both price and volume growth
· Delivery of strategic initiatives remains on track with good progress in the quarter

skinny - 21 May 2014 07:01 - 73 of 117

Interim Results

Financial highlights:
· Revenue growth of 4.7% to £670.7m, with volume growth of 3.9% and ARP growth of 0.8%
o GB revenue up 5.0%, outperforming the GB take-home soft drinks market
o France revenue up 7%, with both volume and ARP growth
o Ireland revenue down 5.2% as the consumer environment remained difficult
· Group EBITA of £60.5m, up 12.9% on last year, driven by revenue growth and tight cost control
· Half-year adjusted EPS of 14.5p, up 16.9% on last year
· Interim dividend of 6.1p, up 13.0% on last year, reflecting confidence in future prospects

Strategic highlights:
· Focus has remained on building sustainable profit and margin improvement
· Strong progress on strategic cost initiatives: on-track to deliver £30m annual cost saving by 2016
· New operating model established with significant change programme nearing completion
· Nationwide distribution of Fruit Shoot in the USA secured through additional PAB territories and new independent bottler agreements
· Fruit Shoot India launch on track, with in-market production to commence imminently

goldfinger - 11 Aug 2014 13:52 - 74 of 117

Gone long here. looks like a SP recovery is on the way.

BuwiE7oCMAEdYOr.jpg

goldfinger - 11 Aug 2014 16:04 - 75 of 117

Broker Forecasts for BVIC all well above present SP which was brought down with the general market over the last few weeks.......

BRITVIC BROKER VIEWS

Date Broker Recommendation Price Old target price New target price Notes
25 Jul Numis Hold 692.25 765.00 765.00 Reiterates
24 Jul Investec Hold 692.25 716.00 725.00 Retains
21 Jul Nomura Buy 692.25 - - Reiterates
18 Jul JP Morgan Cazenove Neutral 692.25 730.00 730.00 Retains
11 Jul Goldman Sachs Neutral 692.25 764.00 778.00 Reiterates

goldfinger - 24 Oct 2014 09:50 - 76 of 117

BVIC BRITVIC after a good trading update look to have plenty of momentum behind them.
I fully expect broker updates perhaps upgrades over the next few days.

bvic%2012.jpgBritvic FY to be slightly ahead of guidance

StockMarketWire.com

Soft drinks group Britvic's full year revenues increased by 2.4%, with both volume and price growth.

And it says the strategic cost initiatives were successfully implemented with a slightly higher in-year benefit than anticipated.

As a result the group now expects that EBIT for the year to 28 September will be marginally ahead of the top end of its previous guidance range of £148m to £156m and well ahead of last year.

Chief executive Simon Litherland said: "We have delivered a strong performance despite the poorer summer weather and the continued challenging trading environment. We now expect operating profit marginally ahead of the top end of the guidance range we outlined at the start of the year.

"Full year revenue grew 2.4% and the accelerated delivery of our strategic cost initiatives pulled the in-year savings ahead of our original plan. I am especially pleased that we have delivered a strong set of results, with profits well ahead of last year, at the same time as undertaking a significant internal change programme. We are now set up to take advantage of the growth opportunities ahead of us.

"We anticipate that the prevailing challenging market conditions will continue for some time. Nevertheless, we look forward with confidence to further earnings growth in 2015, as we realise the full year benefit of the cost initiatives and execute our extensive innovation and marketing plans for the year. We will share more details of this in our preliminary results in November."


goldfinger - 24 Oct 2014 10:14 - 77 of 117

Brokers Views.....

Britvic PLC

FORECASTS

2014 2015
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
SG Securities
21-10-14 BUY 41.23 20.30 48.21 23.75
Shore Capital
17-10-14 BUY 129.50 40.80 19.60 147.90 47.10 20.80
Westhouse Securities
25-09-14 BUY
Mirabaud Securities
15-09-14 ADD 130.00 41.26 20.08 150.00 47.23 23.08

Chris Carson - 25 Oct 2014 18:48 - 78 of 117

I own a few of these. It's intriguing why having closed the gap on the chart to 600p from last November, has bounced to find resistance @ 660p on the back of what looked like a very good trading statement yesterday.

Chart.aspx?Provider=EODIntra&Code=BVIC&S

So why the drop? Hopefully it is profit taking by traders who bought @ 600p. Stock is still in a solid uptrend from mid 2012.

One theory (and it's probably rubbish or wishful thinking), just like Chartists who are (I like skinnys interpretation from a post awhile back) Anal regarding gaps on charts, fundamentalists are equally anal in interpretating statements, in particular words such as 'Challenging' :-

"We anticipate that the prevailing challenging market conditions will continue for some time."

Find out on Monday. on watch list hopefully for a punt long on the spreads :0)

Chris Carson - 25 Oct 2014 18:49 - 79 of 117

Latest broker views


Date

Broker

New target

Recomm.


24 Oct Numis 763.00 Add
24 Oct Barclays... N/A Equal weight
2 Oct Numis 765.00 Hold
26 Aug Barclays... 725.00 Equal weight
25 Jul Numis 765.00 Hold
24 Jul Investec 725.00 Hold
21 Jul Nomura N/A Buy
18 Jul JP Morgan... 730.00 Neutral
11 Jul Goldman Sachs 778.00 Neutral
27 Jun Nomura 850.00 Buy

Broker Recommendations for Britvic

Chris Carson - 27 Oct 2014 10:29 - 80 of 117

Good recovery so far today fingers crossed.

Chris Carson - 29 Oct 2014 14:27 - 81 of 117

Back on track.

Chris Carson - 29 Oct 2014 14:31 - 82 of 117

Chart.aspx?Provider=EODIntra&Code=BVIC&S

Chris Carson - 31 Oct 2014 15:12 - 83 of 117

Excellant bounce today on very little volume.

cynic - 31 Oct 2014 16:45 - 84 of 117

missed out on this one big time .... probably because it went in the direction it was meant to!

Chris Carson - 04 Nov 2014 08:32 - 85 of 117

4 Nov Citigroup 850.00 Buy

goldfinger - 04 Nov 2014 09:01 - 86 of 117

Yep a winner like 90% of mine.

cynic - 04 Nov 2014 12:34 - 87 of 117

don't be a smartarse :-)

goldfinger - 04 Nov 2014 12:34 - 88 of 117

LOL.

skinny - 26 Nov 2014 07:06 - 89 of 117

Preliminary Results - 26 November 2014

Financial headlines:
· Revenue growth of 2.4% to £1,344.4m, with volume growth of 1.5% and ARP growth of 1.0%
· Group EBIT of £158.1m, up 17.6% on last year and ahead of previous guidance, driven by disciplined revenue growth and accelerated delivery of the strategic cost initiatives
· 150bps expansion in EBITA margin
· Reduction in adjusted net debt to £380.9m, with EBITDA ratio falling from 2.2x to 1.9x
· Underlying free cash flow of £88.9m, ahead of previous guidance
· Adjusted EPS of 41.8p, up 18.8% on last year
· Full year dividend of 20.9p, up 13.6% on last year, reflecting earnings growth and robust cash generation

Strategic highlights:
· Strategic cost initiatives generated a higher in-year benefit than originally anticipated, delivering a cumulative £25m gross benefit in 2015
· Increased investment during the year in the International business unit, strategic marketing and innovation
· Further investment in capacity in 2015 to support future growth, including £25m capital spend in a new high speed PET line and warehousing
· Fruit Shoot USA multipack launch anticipated in H2 2015
· Anticipate 2015 EBIT in the range of £164m to £173m, underpinned by cost saving initiatives

skinny - 27 Jan 2015 07:12 - 90 of 117

Q1 Interim Management Statement to 21 Dec 2014

Q1 headlines:
· Group revenue of £304.3m down 0.4% on last year, driven by a marginal volume decline of 0.3% whilst ARP remained flat
· GB revenue declined 1.4%, in a notably more competitive promotional environment
· Ireland revenue increased 2.8%, driven by both volume and ARP growth
· France revenue increased 2.3%, with an ARP decline of 0.4% offset by a volume increase of 2.6%
· International revenue declined 3.6%, mainly due to lower volumes in the travel sector combined with lower orders for US concentrate compound. A change in our manufacturing process has enabled significantly shortened order lead times

goldfinger - 27 Jan 2015 09:08 - 91 of 117

Done Harry.....if you want anything else adding, please let me know, cheers.

Chris Carson - 19 May 2015 12:14 - 92 of 117

Interim tomorrow, going well today (so far) will results be good enough to propel sp to 780p and breakout above it. Place your bets :0)

cynic - 20 May 2015 08:33 - 93 of 117

profit-taking knocked 22p off sp following what i thought were pretty decent results
already held in sipp, but have now added some to my trading portfolio

Chris Carson - 20 May 2015 08:39 - 94 of 117

LATEST BROKER VIEWS

Date Broker New target Recomm.
20 May Barclays... 790.00 Overweight
19 May Shore Capital N/A Buy
18 May Nomura N/A Buy

skinny - 20 May 2015 09:52 - 95 of 117

Bearish engulfing candle, but at least its closed the gap!

Chart.aspx?Provider=EODIntra&Code=BVIC&S

cynic - 20 May 2015 09:56 - 96 of 117

yup, looks that i'm in a bit early at 744.5 but of course no one ever really knows the bottom, and that level was very close to 25 dma having already fallen through 50 dma

anyway, i reckon it's still a good stock to hold with a reasonable likelihood of a decent summer ahead - i hope!

skinny - 20 May 2015 09:58 - 97 of 117

Chart.aspx?Provider=Intra&Code=BVIC&Size

A small dabble @732.50p

Chris Carson - 25 Nov 2015 07:51 - 98 of 117


Britvic profits up

StockMarketWire.com

Soft drinks group Britvic posts pre-tax profits of £147.0m for the 52 weeks to 27 September - up from £132.9m last time. There was a slight revenue decline of 0.6% to £1,300.1m, with volume growth of 0.9% and ARP decline of 1.5%.

But EBITA rose by 7.1% to £171.6m, with an EBITA margin increase of 100bps.

The group says the full year dividend of 23.0p, up 10.0% on last year, reflects earnings growth and robust cash generation.

Chief executive Simon Litherland said: "We have delivered another strong set of results, with margin growth and profit significantly ahead of last year, despite challenging market conditions. In all of our core markets, we continued to take volume and value share. I'm pleased to have completed the acquisition of Ebba in Brazil, which will create significant value for shareholders in the future.

"2016 will see significant developments and investment in the drivers of our future growth. We have established the route to market for Fruit Shoot multi-pack in the USA, which we will launch in the first half of calendar 2016. We are also planning a major investment programme in GB, which will deliver further efficiencies and flexibility in our supply chain.

"We have seen a slow start to the year, reflecting the continued challenging market conditions. However, with our compelling marketing and innovation plans and our continued focus on disciplined cost management we are confident of increasing our profitability in 2016."



Story provided by StockMarketWire.com

Chris Carson - 25 Nov 2015 09:10 - 99 of 117


Chart.aspx?Provider=EODIntra&Code=BVIC&S

Chris Carson - 16 Jul 2016 13:13 - 100 of 117

Chart.aspx?Provider=EODIntra&Code=BVIC&S


George Osbourne's budget in March implemented plans to introduce a 'Sugar' tax on soft drinks in 2018, primarily to counter the rising trend of obesity in children.

The above and Brexit has had an obvious impact on sp. Recently bounced of 580p a three year low and keeps banging it's head against current resistance 620p.

Q3 Trading Statement next Thursday 21/07.

Went long on the spreads Friday @ 609.71. Just a wee punt initial target 650p to close the gap.

Chris Carson - 16 Jul 2016 13:17 - 101 of 117

Chart.aspx?Provider=EODIntra&Code=BVIC&S

Chris Carson - 16 Jul 2016 13:18 - 102 of 117

http://www.brokerforecasts.com/brokers/32/JP+Morgan+Cazenove

Chris Carson - 16 Jul 2016 13:20 - 103 of 117

LATEST BROKER VIEWS

Date Broker New target Recomm.
8 Jul Barclays... 725.00 Overweight
6 Jul Deutsche Bank 700.00 Hold
5 Jul JP Morgan... 590.00 Underweight
28 Jun Societe... N/A Hold
27 Jun Societe... 700.00 Hold
21 Jun Goldman Sachs 838.00 Conviction Buy
31 May Goodbody N/A Buy
24 May Goldman Sachs 838.00 Conviction Buy
23 May JP Morgan... 650.00 Underweight
20 May JP Morgan... 650.00 Underweight
Broker Recommendations for Britvic

Chris Carson - 18 Jul 2016 08:32 - 104 of 117

Chart.aspx?Provider=EODIntra&Code=BVIC&S

Chris Carson - 18 Jul 2016 08:32 - 105 of 117

Stop to entry for risk free trade.

Chris Carson - 18 Jul 2016 17:18 - 106 of 117

Nice start to the week, next resistance to get through 630p then providing Market doesn't go tits up make a play to close the gap.

Chris Carson - 21 Jul 2016 07:29 - 107 of 117

Britvic revenue up in third quarter

StockMarketWire.com

Britvic (BVIC) reported quarter three group revenue of £346.3m, up 5.3% on last year.

On an organic basis, revenue declined 0.7% to £326.5m.

Chief executive Simon Litherland said: "Our Q3 performance was stronger than the first half of the year despite tough trading conditions and the wet weather in June.

"We have reported a 5.3% increase in revenue, with volumes up 8.8%. Organic volume has increased 1.4% whilst revenue has declined 0.7%.

"We have strong programmes in place for our brands over the balance of the year and remain on track to deliver full year EBITA within the guidance range we set at the beginning of the year of £180m to £190m.

"Looking ahead, the decision by the UK to leave the EU creates additional consumer and economic uncertainty whilst the weakening of sterling will place pressure on our input costs in GB.

"However, our strategy to leverage our market leading brands in our core markets, expand internationally, continue to invest in innovation and focus on cost control, means that we are well placed to continue to deliver our long-term strategic priorities and create value for our shareholders."

QUARTER THREE HIGHLIGHTS

The GB soft drinks market value declined 7.5% in June following a particularly wet month, resulting in a quarterly decline of 2.6%

The Q3 GB revenue declined 2% with volume increasing 1.4% and ARP declining 3.4%, reflecting continued deflation and negative brand and channel mix.

GB carbonates revenue increased 2.9% with a 4.7% volume increase partly offset by ARP declining 1.7%.

Pepsi Max continued to outperform the market, gaining significant share in the quarter.

GB stills revenue declined 10.2%, primarily due to an 8.2% volume decline.

Robinsons performance improved on the first half of the year, despite still cycling the withdrawal of the added sugar range.

Ireland revenue increased 10.6% with both Counterpoint and Britvic Ireland in strong growth.

Both the carbonates and stills portfolio revenue increased during the quarter. Ireland delivered revenue growth in five of the last six quarters.

In France, revenue declined by 2% as volume declined 1.7% and ARP declined 0.4%. This was principally due to a decline in the syrups range which was impacted by the poor weather in June.

International revenue was flat on last year with the benefit of double-digit revenue growth in the US offset by weaker sales in the travel and export markets, where trading conditions remained challenging.

The company decided to withdraw from India, terminating its distribution agreement.

Although Fruit Shoot was received positively by Indian consumers, the company decided to focus its resources on other markets that offer potentially higher returns in a shorter timeframe.

Our Brazilian business has continued to gain market share and generated revenue of £19.8m, up 37% on last year on a comparable basis, despite a very challenging macroeconomic environment.

The strong performance came from volume growth of nearly 20%, and price increases to recover raw material inflation.

Chris Carson - 21 Jul 2016 08:06 - 108 of 117

Stop to 619.71

Chris Carson - 22 Jul 2016 08:45 - 109 of 117

LATEST BROKER VIEWS

Date Broker New target Recomm.
22 Jul Deutsche Bank 700.00 Hold
22 Jul Barclays... 710.00 Overweight
21 Jul Barclays... 725.00 Overweight
19 Jul JP Morgan... 590.00 Underweight
8 Jul Barclays... 725.00 Overweight
6 Jul Deutsche Bank 700.00 Hold
5 Jul JP Morgan... 590.00 Underweight
28 Jun Societe... N/A Hold
27 Jun Societe... 700.00 Hold
21 Jun Goldman Sachs 838.00 Conviction Buy
Broker Recommendations for Britvic

Chris Carson - 22 Jul 2016 12:40 - 110 of 117

Looks likely going to test 580p at this rate. Looking cheap now, but will wait.

Chris Carson - 30 Nov 2016 07:29 - 111 of 117

Britvic after-tax profits up 10.3%

StockMarketWire.com

Soft drinks group Britvic reports another year of strong results for the 53 weeks ended 2 October with revenues up 10.1% to £1,431.3m.

Pre-exceptional EBITA increased 8.4% to £186.1m. Like-for-like revenue increased 0.4% and like-for-like pre-exceptional EBITA increased 3.8% to £178.8m.

Profit after tax increased 10.3% to £114.5m.

Adjusted earnings per share increased 6.5% to 49.3p and the full year dividend per share of 24.5p, is up 6.5%.

Chief executive Simon Litherland said: "Britvic has delivered another strong set of results in challenging market conditions. In our core markets, we continued to take market share with a particularly strong carbonates performance. Internationally, we have had an excellent first year in Brazil and Fruit Shoot continued to grow in France, USA with the launch of multi-pack, and latterly in Brazil following its recent launch in Sao Paulo.

"We are confident we will mitigate inflationary input costs through a combination of revenue management activities and internal cost saving initiatives. The new financial year has started well and although 2017 will be another challenging year, we expect to deliver pre-exceptional EBITA in line with current market expectations."

cynic - 30 Nov 2016 08:43 - 112 of 117

in my sipp performing pretty pathetically vs FEVR which i also hold

cynic - 29 Nov 2017 10:37 - 113 of 117

.

cynic - 29 Nov 2017 10:37 - 114 of 117

have held this for a good while in my sipp, and though it's never lost me money, i have been tempted to dump it a few times ...... this morning's news is therefore very welcome

* Shares in soft drinks maker Britvic rise 6 pct to hit all-time high
* Full-year adj core earnings up 5.1 pct
* Warns that introduction of soft drinks tax in Britain and Ireland would create uncertainties in the sector [nL3N1NZ39F]
* Adds nevertheless it remains "confident of making further progress next year"
* "FY18 faces uncertainty (GB sugar tax) but we expect low single digit upgrade to consensus on today's results", says Morgan Stanley

Stan - 29 Nov 2018 08:07 - 115 of 117

Finals https://www.moneyam.com/action/news/showArticle?id=6224938

skinny - 29 Nov 2018 08:10 - 116 of 117

Stan - that's the wrong link :-)

Final Results

Britvic plc Preliminary Results - 29 November 2018

For the 52 weeks ended 30 September 2018.

"Another strong performance driven by the continued execution of our strategy"

Group Financial Headlines:

· Revenue increased 5.1% to £1,503.6m with organic revenue** up 2.7%

· Adjusted EBIT increased 5.4% with organic adjusted EBIT* up 4.0% to £206.0m

· Organic adjusted EBIT margin* increased 10bps

· Profit after tax increased 4.9% to £117.1m

· Adjusted earnings per share* increased 6.4% to 56.3p and the full year dividend increased 6.4%



Strategic highlights:

· Positive volume and price/mix delivering balanced revenue growth

· Successfully navigating soft drinks levy, underpinned by strength of low/no sugar portfolio

· GB stills revenue in growth and Pepsi, led by MAX, continued to gain share

· Revenue from Britvic brand innovation at an all-time high

· Successfully managed the carbon dioxide shortage in GB and Ireland and market challenges in France

· Robust performance in Brazil despite challenging macro-economic conditions, Bela Ischia synergies delivered

· Business Capability Programme on-track, contributing to continued margin expansion

more.....

Stan - 29 Nov 2018 08:18 - 117 of 117

Stop nit picking..corrected -):
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