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.......

Damn damn damn!

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

Statement 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.

Agggggggggggggggggggggggggggggggh. it was written.

It must be hard being a broker!!!

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

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!!!

Wey hey tabby's back.

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…

Update on possible merger

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

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.

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.

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

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

Results well received.

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)

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

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%.

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…