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.




DAILY INTRADAY CHART.......

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

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

Stop to entry for risk free trade.

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.

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.

Stop to 619.71

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

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

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."

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

.

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

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

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.....

Stop nit picking..corrected -):