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NEWS: BRITVIC UNVEILS LATEST ANNUAL SALES RESULTS (Source: The Grocer)  


Britvic has announced a rise in sales of almost a third for the last financial year, buoyed by the acquisition last year of its Irish business.

UK sales for the year rose by 4.8%, with stills and carbonated drinks both showing sales growth of between 4%-5% over the past 12 months.

Total sales increased by 29.3% over the past 12 months to ?926.5m, including a contribution of just over ?200m from Britvic Ireland, which joined the group in 2007.

Revenue for the last three months was up by almost 28% on the equivalent period last year.

?We have delivered a strong performance despite the disappointing weather, rising raw material and energy costs and the challenging market conditions,? said chief executive Paul Moody.

?The business has achieved good revenue growth, increased market volume and value share with tight cost control helping to deliver our target of increasing GB & International operating profit margin by at least 10-15 basis points. Consequently, we expect to deliver earnings for the year in line with expectations.?
 

 
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