Blog: Andy MortonA Britvic Q&A, without the Qs

Andy Morton | 26 November 2013

Britvic, you would think, is a company that's worth analysts unpicking a bit. 

Today saw the release of much-improved full-year results after a miserable 2012 hampered by bad weather and the recall of its Fruit Shoot brand. The company is also in the middle of a major cost-cutting plan that will close three of its UK and Ireland sites, while a concurrent expansion of its US franchising strategy continues apace.

All of which made it very surprising when, in the post-results conference call with investors and analysts this afternoon, there was a long, and slightly embarrassing, silence when it was turned over for questions.

No one, it seemed, wanted to ask Britvic anything. Either that, or the world's drinks analysts were still at lunch.

To put it into context, I've listened in to countless numbers of these calls, across the global beverage industry, and there has always been a few questions. 

CEO Simon Litherland, who was fronting the call, took it in his stride. “Thank you very much everybody for listening in to the call,” he said after a slight hesitation. “And I wish you a good day.”

Till next time, Simon. Perhaps.

Sectors: Company results, Soft drinks

Companies: Britvic

BLOG

The brutal truth behind India's temperance movement

Some people in India believe alcohol should be more difficult to purchase. Last month, the state of Bihar halted all alcohol sales as its chief minister made good on an election promise. ...

BLOG

How to test Heineken's sense of humour

Greetings from Zurich. Here as a guest of Heineken's Amstel brand, I'm due to sit down later today with the group's senior global director for international brands, Walter Drenth....

BLOG

Which spirits category is the next big thing?

Drinks companies spend a lot of money on trying to predict trends. At last night's Worshipful Company of Distillers City debate, any strategists in the audience got a bit of forecasting for free....

BLOG

Aperol Spritz - Just the one. A large one?

I'll admit to being partial to an Aperol Spritz now and again, more usually in the summer months, sitting outside, shades on, slowly turning more golden/rusty....

just-drinks homepage



Forgot your password?