Sales boost for Britvic
23 July, 2008
Britvic enjoyed strong sales growth in the half-year to April.
The soft drinks company's sales for the 28 weeks ended 13 April 2008 were up by 28.6% to £454.7 million, with pre-tax profit up 13.2% to £17.2m.Britvic enjoyed strong sales growth in the half-year to April.The soft drinks company's sales for the 28 weeks ended 13 April 2008 were up by 28.6% to £454.7 million, with pre-tax profit up 13.2% to £17.2m.Chief executive Paul Moody said it has been “a period of modest growth” in the first half of the year for the overall soft drinks market, with growth evident in the start of the second half. “We are well positioned to drive group earnings growth through brand and product expansion, innovation, a continued close focus on cost control, and the realisation of the benefits of the outsourcing of retail distribution,” said Moody.“Britvic has delivered a resilient performance in the first half with market share gains across the majority of our brands. This is a positive result given the challenging trading environment. The board remains confident that we will deliver on our full year expectations.”