Britvic trading update positive

Britvic PLC, maker of Robinsons and Tango (and UK distributor of Pepsi, Gatorade and 7Up on behalf of PepsiCo Inc) said this morning that expectations on its full-year results are ahead of analysts forecasts having seen particularly strong trading in the third and fourth quarter of their FY to date.

Market forecasts for full-year underlying pretax profit currently range between US$103 million and US$132 million  according to a poll of 12 analysts by Reuters.

Revenues in the Great Britain and International divisions grew by 11.6% but Britvic Ireland the division they purchased from C&C PLC just under 2 years ago has seen sales volumes fall by a massive 20.3%.

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