PRN: Britvic Plc Interim Results, Interview With Chief Executive and Group Finance Director
Britvic Plc Interim Results, Interview With Chief Executive and Group Finance Director
LONDON, May 27, 2011 /PRNewswire/ --
Britvic Plc, one of Europe's leading soft drinks businesses, has today announced its interim results. Revenue grew by 25.3%, including a first time contribution from Britvic France. Britvic reported an increase of 7.9% in Group EBITA, despite unprecedented input cost inflation, and an interim dividend increase of 8.5% to 5.1p per share.
In a video interview with business broadcaster http://www.cantos.com, Chief Executive Paul Moody said that the first half results showed "a really solid performance across the Group" which shows "the resilience of the business across all of its markets."
Britvic International revenue grew by 20.4% and GB revenue was up 6.8% in the second quarter. Other highlights included the performance of Britvic France, acquired one year ago and pricing improvement in every market.
Group Finance Director John Gibney added that, despite a challenging marketplace, with 90 per cent of raw materials hedged, "Britvic remains confident about the outcome for the full year."
The video interviews are available to watch now for free at http://www.cantos.com/company/Britvic
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Company Codes: Bloomberg:BVIC@LN, RICS:BVIC.L, ISIN:GB00B0N8QD54