Soft drink maker Britvic posts boosted revenue amid warnings of inflation ‘across business’ January 27, 2022 Soft drink maker Britvic has reported soaring quarterly revenue even as hospitality venues were impacted by a return of Covid measures last month. The FTSE-250 firm posted total revenue hit £373.9m on a constant currency basis, up 16.5 per cent compared to the October to December period in the previous financial year. Total revenue rose [...]
J2O maker Britvic ups dividend and vows to buy back £75m worth of shares as pre-tax profits soar May 17, 2022 Soft drinks conglomerate Britvic today announced plans to launch a £75m share buyback scheme and upped its dividend by 20 per cent, after posting “strong” results for the six months running up to 31 March 2022. The Tango and J2O maker said its pre-tax profits increased 48.7 per cent to £45.8m, after its revenues jumped [...]
Mark Kleinman: Challenging times for challenger banks June 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at challenger banks, Carlsberg's Britvic play and office space woes
Robinsons owner Britvic sees revenues rocket as UK restrictions ease July 22, 2021 Britvic, which owns Robinsons and Tango, has seen its revenues surge since restrictions eased as the soft drinks retailer was hit hard by hospitality closures. Revenue at the company shot up 22.8 per cent to £384.8m in its third-quarter trading, as it said revenue has grown across all its units. In total, however, the company’s [...]
Robinsons owner Britvic reinstates dividend after tough but resilient six months May 18, 2021 Britvic’s revenue and profit slipped in the six months to 31 March, however the soft drinks retailer has decided to reinstate its dividend after a resilient performance despite Covid restrictions. Revenue at the company fell to £617.1m from £698.8m during the same period last year, and profit after tax slipped to £33.2m from £38.9m. Nevertheless, [...]
Totally Wicked: Do vaping companies cause more harm than good? August 27, 2024 Boardroom Uncovered is City A.M.‘s on-camera interview series featuring the bosses of the biggest and best-known companies operating in the UK.
Brewing giant slumped to loss ahead of Marston’s selling up to Carlsberg August 27, 2024 The brewing joint venture worth almost £800m between Marston’s and Carlsberg slumped to a loss in the year before the pub giant sold its stake, it has been revealed. Carlsberg Marston’s Brewing Company made a pre-tax loss of £25.2m in 2023, according to newly-filed accounts with Companies House, having posted a pre-tax profit of £7.1m [...]
Card Factory’s chairman sent warning by shareholders June 20, 2024 Almost a quarter of shareholders in Card Factory voted to oust its chairman at the company's annual general meeting.
J20 and Tango owner Britvic suffers slump in sales due to hospitality restrictions January 28, 2021 Soft drinks group Britvic, which owns J2O, R White’s lemonade and Robinsons, suffered a slump in sales in the first quarter due to restrictions on pubs, bars and restaurants. The FTSE 250 firm said this morning that total revenue declined 9.8 per cent to £328.1m in the three months ended 31 December. The Hemel Hempstead-based [...]
Coronavirus bar and restaurant closures hit Britvic’s income for the year November 26, 2020 Britvic posted a near 22% slide in adjusted operating income for the year as coronavirus restrictions hurt demand at bars, restaurants, cinemas and other public places. The soft drink company’s adjusted earnings before interest and taxes fell to £165.8m for the 12 months ended September 30, down from £214.1m a year earlier. Britvic’s shares, which [...]