LONDON--Drinks company Britvic PLC (BVIC.LN) Tuesday reported a
28.1% increase in full-year pretax profit at actual exchange rates
and said trading so far in the new financial year has been slightly
ahead of the first quarter last year.
MAIN FACTS:
-Also agrees deal with PepsiCo Americas Beverages for a 15-year
bottling agreement for further manufacturing and distribution in
the U.S.A; Fruit Shoot will be distributed in 41 states in 2014
-Revenue in year to Sept. 29 GBP1.32 billion versus GBP1.26
billion a year earlier
-Pretax profit GBP108.1 million versus GBP84.4 million last year
(up 26.7% at constant exchange rate)
-FY13 earnings before interest and tax was GBP112.7 million;
Britvic sees FY14 EBIT from GBP148 million to GBP156 million
-Group EBITA GBP137.9 million versus GBP115.6 million
-Adjusted EPS 35.2 pence versus 27.2 pence
-Underlying free cash flow GBP103.5 million versus GBP62.1
million
-Adjusted net debt GBP402.3 million versus GBP446.7 million
-On-track to deliver GBP30 million per annum of cost savings
from 2016
-Final dividend of 13 pence per share.
-Shares closed Monday at 607 pence valuing the company at
GBP1.49 billion.
-Write to Ed Ballard at ed.ballard@wsj.com
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