News

Britvic braces for tough 2019 as full-year 2018 sales grow - results data

Most popular

Is craft spirits approaching a reset moment?

'Healthy alcohol - the trend to watch in 2019?

The beer category in 2018 - Review

The beer category in 2019 - just-drinks predicts

MORE

Britvic has said it expects the tough trading environment to continue into 2019, as the group hailed a rise in sales in its fiscal-2018.

In results for the 12 months to 1 October, released today, Britvic posted a sales increase of 2.7% to GBP1.5bn (US$1.9bn). In reported terms, the UK-based soft drinks producer's top-line was up 5.1%.

Looking ahead, chief executive Simon Litherland said the political and macroeconomic landscape will remain challenging. 

"Britvic has consistently demonstrated that we are a strong, agile business, operating in a resilient category," he said. "In 2019, we have exciting plans for our portfolio of leading brands across our markets. Whilst political and economic uncertainty will undoubtedly continue, we are confident we will continue our long-term track record of growing earnings, dividends and shareholder value."

Britvic 2018 - Sales by Region - Value

GB CarbonatesGB StillsFranceIrelandInternationalBrazil
2017 (Restated)269.3555.3281.4154.746.3123.5
2018280.7610.6269.217449120.1

Source: Company results

Britvic "successfully navigated" the introduction in April of the Soft Drinks Industry Levy in the UK, with strength coming from its low/no sugar portfolio. Elsewhere, the company's brand innovation performance was described as being at "an all-time high". The Purdey's owner also said it had "successfully managed" a CO2 shortage in the UK & Ireland, which was flagged in Q3 results.

Elsewhere, France proved tough, with category declines, increased competition and poor weather hitting Britvic's private label sales as well as branded syrups and Fruit Shoot in the country.

Ireland performed well in the 12 months, thanks to Britvic's low and no sugar brands. Meanwhile, in Brazil, the group realised the synergies from its purchase of juice business Bela Ischia Alimentos in early-2017.

Britvic 2018 - Sales by Region - Volumes

GB CarbonatesGB StillsFranceIrelandInternationalBrazil
20171281.5359.5281216.541.5186.3
20181294.8370.1263221.343.8210.6

Source: Company results

To read the company's official results release, click here

Why the future looks better for low-calorie soft drinks, despite US troubles - Click here for a just-drinks comment


Sectors: Company results, Soft drinks, Water

Companies: Britvic

Related Content

Sales flatline for Britvic in Q1 fiscal-2018 - trading update

Sales flatline for Britvic in Q1 fiscal-2018 - trading update...

Britvic FY fiscal-2017 by region - results data

Britvic FY fiscal-2017 by region - results data...

Shift in UK market puts Britvic's FY fiscal-2017 sales on the up - results

Shift in UK market puts Britvic's FY fiscal-2017 sales on the up - results...

Britvic outruns cold conditions to post H1 2018 sales rise - results

Britvic outruns cold conditions to post H1 2018 sales rise - results...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?