Despite its increasing strength and demonstrable growth overseas Britvic (BVIC LN, BUY, T/P 800p) remains on course for a flat year overall at EBITA level. However, the company’s brand strength should mitigate some of the current input cost pressures while its strong Q4 2016 revenue was always going to be challenging to lap. The underlying business quality, in our view, remains strong.
12 Jun 2017
Fizz confined to the drinks in FY2017
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Fizz confined to the drinks in FY2017
Britvic plc (BVIC:LON) | 841 100.9 1.4% | Mkt Cap: 2,098m
- Published:
12 Jun 2017 -
Author:
Chris Wickham -
Pages:
5
Despite its increasing strength and demonstrable growth overseas Britvic (BVIC LN, BUY, T/P 800p) remains on course for a flat year overall at EBITA level. However, the company’s brand strength should mitigate some of the current input cost pressures while its strong Q4 2016 revenue was always going to be challenging to lap. The underlying business quality, in our view, remains strong.