General Industry

Britivic's Irish Revenues Rise

By Publications Checkout
Britivic's Irish Revenues Rise

Soft drinks manufacturer Britvic has reported positive trading in the first quarter of the year. The Group reported a 1.3% global increase in its quarterly revenue to £311.8 million. 

Despite the current challenging consumer environment, the drinks producers said revenue rose 2.8% in the 12 weeks to 22 December - at constant currency exchange rates. It said it is on track to deliver full-year earnings in line with previous forecasts of £148-£156 million.

The Group, which owns Ballygowan here, saw Irish revenues increase by 2.1%, as demand in pubs and shops grew. “We delivered a robust Q1 performance in each of our core markets despite a challenging consumer environment,” said CEO Simon Litherland.

“We continued to make good progress implementing our new strategy and remain on-track to deliver our cost reduction initiatives.”