As expected, Britvic witnessed strong growth during H1 in at-home channels and gained share in GB and Brazil, though restrictions continued to affect performance in the hospitality and on-the-go consumption segments. H1 revenue declined 6.3% on a like-for-like and constant currency basis, while adjusted EBIT was down 15.4% on this basis, and adjusted EPS was down 20%. The interim dividend has been reinstated at 6.5p per share. Management continued to focus on cash and cost efficiency to mitigate ....
26 May 2021
Britvic - Optimistic about recovery
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Britvic - Optimistic about recovery
Britvic plc (BVIC:LON) | 822 4.1 0.1% | Mkt Cap: 2,051m
- Published:
26 May 2021 -
Author:
Sara Welford -
Pages:
2
As expected, Britvic witnessed strong growth during H1 in at-home channels and gained share in GB and Brazil, though restrictions continued to affect performance in the hospitality and on-the-go consumption segments. H1 revenue declined 6.3% on a like-for-like and constant currency basis, while adjusted EBIT was down 15.4% on this basis, and adjusted EPS was down 20%. The interim dividend has been reinstated at 6.5p per share. Management continued to focus on cash and cost efficiency to mitigate ....