Pepsi adds fizz to Britvic after Irish drink sales decline January 25, 2012 BRITVIC shares enjoyed a 3.44 per cent rise yesterday after the soft drinks maker and distributor reported a rise in revenues and big market share gains for Pepsi, which it makes and distributes under licence in the UK. The maker of Robinsons, Tango and J2O said first quarter revenue rose 2.5 per cent at constant [...]
Supporters of capitalism must help expose blundering firms July 11, 2012 CORPORATE blunders are like buses: they arrive all at once. The latest involve G4S, which doesn’t know whether it will be able to hire enough guards for the Olympics, forcing the army to step in. The O2 mobile network suffered some outages yesterday. Britvic recalled some of its drinks. All of this follows the Libor [...]
Kicking the soft drink bottletop down the road proves costly July 11, 2012 UPON nothing has so great and diligent ingenuity been brought to bear in all ages and in all countries, except the most uncivilised, as upon the invention of substitutes for water.” The great American cynic Ambrose Bierce wasn’t writing about Britvic’s Fruit Shoot brand, but he might as well have been. Since 2000, the fruit [...]
LONDON REPORT July 15, 2012 A SLEW of company results this week culminates with a busy Thursday, when retail giant Sports Direct, Halfords, Kingfisher and Mothercare are all set to update the market. Accountancy software maker Sage is set to give an interim management statement today, which will be followed with a Capital Market Day for investors tomorrow. Panmure Gordon [...]
Britvic will begin manufacturing its Fruit Shoot in US November 30, 2011 BRITVIC will start manufacturing its children’s Fruit Shoot brand in the US for the first time after signing distribution deals, which will also see it double its presence to six states. The UK’s second-biggest soft drinks maker behind Coca-Cola announced an agreement with Pepsi Bottling in the US, to manufacture and distribute Fruit Shoots in [...]
BRITVIC SALES FIZZ UP October 20, 2011 BRITVIC, which owns the Robinsons, Tango, Drench and Fruit Shoot brands, yesterday reported full-year revenue of £1.29bn, 14.6 per cent up on the previous year. Sales in the UK and France were strong while Ireland fell by 9.6 per cent. Fizzy drink sales rose 7.3 per cent over the year as a whole in Great [...]
BRITVIC SALES FIZZ UP October 20, 2011 BRITVIC, which owns the Robinsons, Tango, Drench and Fruit Shoot brands, yesterday reported full-year revenue of £1.29bn, 14.6 per cent up on the previous year. Sales in the UK and France were strong while Ireland fell by 9.6 per cent. Fizzy drink sales rose 7.3 per cent over the year as a whole in Great [...]
Uncertainty over global economy and corporates sees FTSE end flat July 11, 2012 BRITAIN’S top share index ended flat in low volume yesterday, with investors uncertain about the future path for equities due to concerns over global growth and corporate earnings. The FTSE 100 was up 0.41 points, or 0.01 per cent, at 5,664.48, having swung in a 50 point arc during the session, on volume of less [...]
EasyJet boss ejects Jefferies from cockpit April 25, 2012 WHEN Jefferies bought Hoare Govett for £1 from RBS in February, it expressed the hope that it would be able to retain some of its larger broking clients. So it will come as something of a blow to find that FTSE-250 firm easyJet, the discount airline headed by former Guardian media group chief Carolyn McCall, [...]
Britvic blames cold for slump July 21, 2011 BRITVIC volumes in the UK in the last four weeks fell 8.2 per cent, while Irish volumes were down 13.2 per cent. Total revenue in its business across the globe rose 12 per cent to £324.9m. However, excluding Britvic’s French business, acquired last May, revenue declined two per cent due to weakness in Ireland. The [...]