Britvic has reported branded revenue growth of 3.7% to GBP702.5m (US$1.4bn) for the year to 30 September, saying its business had showed "resilience" in the face of the impact of bad summer weather.

The UK soft drinks group said today (17 October) that trading for the year had been "robust", with still drinks growing by 3.9% and carbonates by 3%.

However, Britvic added that branded revenue for the six-month period to 30 September was down by 1.5%, with stills down 0.3% and carbonates down 3.1%. But the company said this showed a "resilient performance against the backdrop of extremely poor summer weather and tough 2006 comparatives, which benefited from an above average summer and a high level of promotional activity based around the football World Cup".

Britvic said its still drinks continue to outperform the market in all of its key categories, with J2O, Fruit Shoot and Robinsons squash all consolidating their market-leading positions.

The recent relaunch of the take-home water brand Drench had shown "very promising signs", the company said, while Pennine Spring, the third-largest on-premise water brand, saw continued growth. The recently-launched Robinsons pure juice brands, Smooth Juice and Fruit Shoot 100%, had performed in line with expectations given the poor weather, Britvic added.

In carbonates, Britvic said it had delivered a "solid" performance, driven by further market share gains by Pepsi and a strong performance from 7UP.

"We have actively grown market share across our key categories, and our brands have performed very well, despite the poor summer weather which presented extremely difficult trading conditions for the soft drinks market," said CEO Paul Moody. "We have continued to deliver on our strategy of improving average realised price and managing cost, and consequently we expect to at least deliver our ambition of increasing operating profit margin by 10-15 basis points."

Moody added that the company was confident that its profits for the year would be within the range of current market expectations, before any contribution from Britvic Ireland, the soft drinks operation it recently acquired from Irish drinks company C&C Group. The company said that the figures quoted in its trading statement did not include any contribution from the new Irish business.

Britvic is scheduled to report its full-year results on 29 November.