In FY18 the UK sugar levy (SDIL) and CO2 shortage took the shine off a potentially landmark summer. Nevertheless, Britvic (BVIC) delivered good EPS growth of 6.4% on revenue up 5.1%. A five-year track record of 10% EPS CAGR, with debt within target, indicates earnings quality. Looking ahead, as the business capability programme ends, bringing planned returns, further growth and lower leverage may narrow the wide discount to peers.
07 Dec 2018
Britvic - Managing events for sustained returns
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Britvic - Managing events for sustained returns
Britvic plc (BVIC:LON) | 862 25.9 0.3% | Mkt Cap: 2,151m
- Published:
07 Dec 2018 -
Author:
Paul Hickman -
Pages:
2
In FY18 the UK sugar levy (SDIL) and CO2 shortage took the shine off a potentially landmark summer. Nevertheless, Britvic (BVIC) delivered good EPS growth of 6.4% on revenue up 5.1%. A five-year track record of 10% EPS CAGR, with debt within target, indicates earnings quality. Looking ahead, as the business capability programme ends, bringing planned returns, further growth and lower leverage may narrow the wide discount to peers.