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Britvic PLC (BVIC.L)

BVIC.L on London Stock Exchange

891.00GBp
17 Jun 2019
Change (% chg)

2.50 (+0.28%)
Prev Close
888.50
Open
887.50
Day's High
893.50
Day's Low
880.50
Volume
600,994
Avg. Vol
717,845
52-wk High
968.50
52-wk Low
740.50

Latest Key Developments (Source: Significant Developments)

Britvic Says Q1 Revenue Up 3.3 Pct To 337.2 Mln Pounds
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Britvic Plc ::Q1 REVENUE ROSE 3.3 PERCENT TO 337.2 MILLION STG.Q1 ‍GB REVENUE INCREASED 1.0 PERCENT​.Q1 ‍CARBONATES REVENUE INCREASED 4.9%, DRIVEN BY CONTINUED SUCCESS OF PEPSI MAX IN A VERY COMPETITIVE MARKET​.‍Q1 REVENUE OF £337.2M, AN INCREASE OF 3.3% ON PRIOR YEAR​.Q1 ‍GB STILLS REVENUE DECLINED 6.6% WITH A VOLUME DECLINE OF 4.4%​.Q1 ‍FRANCE REVENUE DECLINED 5.0% IN A SUBDUED MARKET, AND LAPPING A STRONG COMPARATIVE LAST YEAR WHEN REVENUE INCREASED 6.3%​.Q1 ‍IRELAND REVENUE INCREASED 16.5%, BENEFITING FROM ACQUISITION OF EAST COAST IN Q2 LAST YEA​.Q1 ‍ORGANIC REVENUE, WHICH EXCLUDES BELA ISCHIA ACQUISITION, INCREASED 0.7%​.Q1 ‍BRAZIL REVENUE INCREASED 22.6%, BENEFITING FROM ACQUISITION OF BELA ISCHIA IN Q2 LAST YEAR​.‍COLLECTIVE CONSULTATION ON PROPOSED CLOSURE OF NORWICH FACTORY HAS ENDED AND SITE WILL CLOSE IN 2019​.‍FINAL PHASE OF BUSINESS CAPABILITY PROGRAMME WILL RESULT IN CREATION OF C.80 NEW ROLES AT RUGBY SITE​.‍ANTICIPATED THAT WILL INCUR APPROXIMATELY £35M-£40M OF ONE-OFF COSTS THIS YEAR, PRIMARILY IN RELATION TO BUSINESS CAPABILITY PROGRAMME​.  Full Article

Britvic says ‍FY adjusted EPS increased by 7.3 pct
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - BRITVIC PLC ::FY REVENUE ROSE 7.7 PERCENT TO 1.541 BILLION STG.FINAL DIVIDEND UP 10.3 PERCENT TO 19.3 PENCEPER SHARE.FY ‍REVENUE INCREASED 7.7% TO £1,540.8M WITH ORGANIC REVENUE UP 2.5%​.‍FY ADJUSTED EARNINGS PER SHARE INCREASED 7.3% TO 52.9P​.‍FY ADJUSTED EBITA INCREASED 5.1% TO £195.5M, WITH ORGANIC ADJUSTED EBITA UP 5.6%​.FY ‍PROFIT AFTER TAX DECREASED 2.5% TO £111.6M, INCLUDING £24.7M OF PLANNED COSTS RELATED TO BUSINESS CAPABILITY PROGRA​.  Full Article

UK's Unite union asks Britvic to halt proposed closure of Norwich site ‍​‍​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - UK's Unite union::UNITE, GMB HAVE WRITTEN TO INDEPENDENT DIRECTORS OF BRITVIC CALLING ON THEM HALT THE PROPOSED CLOSURE OF THE NORWICH SITE ‍​‍​.  Full Article

Britvic to close Norwich manufacturing site
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - Britvic Plc :Proposed closure of norwich manufacturing site.Today announcing a proposal to transfer production of robinsons and fruit shoot from our norwich site to our manufacturing sites in east london, leeds and rugby.Has 242 employees on site that are affected by this decision.It is anticipated that there will be costs associated with implementation, subject to outcome of consultation process, which are expected to be clarified in britvic's preliminary results release on november 29th.  Full Article

Britvic says Q3 revenue up at 384.6 million pounds
Thursday, 27 Jul 2017 

July 27 (Reuters) - Britvic Plc :Q3 revenue 384.6 million stg.Q3 revenue at 384.6m million stg versus 346.3 million stg year ago."on-track to achieve current market expectations".Volume in q3 increased by 2.3 pct and arp increased 2.9 pct.Q3 organic revenue, excluding recent acquisition of bela ischia, increased 4.5 pct with volume and arp ahead of prior year."looking ahead to full year, we remain confident that ebita will be in line with current market expectations".Q3 gb revenue increased 4.9 pct with volume growth of 3.4 pct and arp growth of 1.5 pct.Q3 gb carbonates revenue increased 7.6 pct, led by pepsi max and r whites, with volume growth of 2.7 pct and arp growth of 4.9 pct.Both robinsons and fruit shoot volumes increased, but pricing was weaker due to aggressive competition in grocery.Q3 france revenue increased 11.0 pct with volume growth of 3.9 pct and an arp increase of 6.8 pct.Market conditions in brazil remained challenging.  Full Article