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Carbon Dioxide Shortage Limits Britvic's Capacity To Breathe: Analysis

Published on Jul 24 2018 2:29 PM in Features tagged: Trending Posts / Shore Capital / Britvic / Soft Drinks / Paywall / AJ Bell / Carbon Dioxide

Carbon Dioxide Shortage Limits Britvic's Capacity To Breathe: Analysis

Soft-drink giant Britvic has posted a solid third quarter, reporting a sales increase of 3.4% compared to the previous year, to £366.9 million, or a relatively flat performance (-0.6%) if the impact of the soft-drink industry levy is excluded.

Given that this performance followed a strong comparative third quarter the previous year, when revenue was up 4.5%, Britvic can be fairly happy with its performance.

As chief executive Simon Litherland noted in the group's trading statement, on the back of a good Q3, the group is now 'confident of achieving market expectations for the full year'.

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