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.......

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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 -):