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.......

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…

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.

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.

Easy money!

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

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

... xxxx




you too nutter :-)

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

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

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