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.......

Excellant bounce today on very little volume.

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

4 Nov Citigroup 850.00 Buy

Yep a winner like 90% of mine.

don't be a smartarse :-)

LOL.

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

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

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

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)

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

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

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

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!

A small dabble @732.50p

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

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.