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BVIC Britvic Plc

822.00
1.00 (0.12%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Britvic Plc LSE:BVIC London Ordinary Share GB00B0N8QD54 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.12% 822.00 824.50 825.50 826.00 813.00 813.00 367,993 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Btld & Can Soft Drinks,water 1.75B 124M 0.4969 16.60 2.06B
Britvic Plc is listed in the Btld & Can Soft Drinks,water sector of the London Stock Exchange with ticker BVIC. The last closing price for Britvic was 821p. Over the last year, Britvic shares have traded in a share price range of 801.50p to 950.00p.

Britvic currently has 249,548,637 shares in issue. The market capitalisation of Britvic is £2.06 billion. Britvic has a price to earnings ratio (PE ratio) of 16.60.

Britvic Share Discussion Threads

Showing 1126 to 1149 of 1825 messages
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DateSubjectAuthorDiscuss
03/1/2017
12:56
Morgan Stanley:

This follows the acquisition by Britvic of another Brazilian soft drinks business Ebba in summer 2015 (the acquisition price of Ebba was BRL 580m, 12.1x EBITDA).

The Bela Ischia brands have a similar consumer proposition to Ebba brands but different geographic footprint; the Bela Ischia brands are the leaders in juice/concentrates Rio De Janeiro, whilst Ebba brands Maguary and Dafruta are more popular in Sao Paulo and the North East respectively.

Bela Ischia top line grew by double digits in the last 12 months, reaching BRL 160m of sales and BRL 18.5m of EBITDA. The acquisition represents Britvic doubling-down on their commitment to Brazil, where their existing business saw strong revenue growth in FY16 (+19%).


"Substantial annual cost synergies" are a key aspect of the deal. Whilst Britvic have not quantified the benefit of these synergies in this morning's press release we expect synergies in procurement, logistics and production.

The company expects the deal to complete by the end of March and to be EPS accretive in the first full year (low single digit in our view, though this has not been quantified by the company). When Britvic acquired Ebba in 2015 they issued guidance to double EBITDA by 2020, and deliver sustainable cost savings of BRL $10m in the short term.


The c.£54.5m acquisition will be funded through existing debt facilities, and will take Britvic's net debt to EBITDA up to 2.3x in FY17e, based on our numbers. Whilst cashflow remains weak as Brtivic continues to spend on incremental capex in GB, this level of leverage remains manageable, in our view

Britvic is the cheapest stock in our coverage universe on a P/E basis at 11.4x CY18 EPS. It offers an attractive 4.4% CY18 dividend yield, although FCF yield remains low in light of incremental capex spending.

philanderer
03/1/2017
12:52
Britvic rallies as Numis reiterates 'buy' after acquisition news
philanderer
03/1/2017
10:03
Great news! Doing what they do best, but i didnt know Brazil was such a big market.
mozy123
03/1/2017
09:52
3rd jan Numis buy tp 697p
philanderer
03/1/2017
09:46
Thumbs up to international expansion :-)
philanderer
22/12/2016
16:06
haha yeah. Needs to close above the resistance otherwise it dont look good. 250 having a great day.
mozy123
22/12/2016
14:27
It tried :-)
philanderer
21/12/2016
16:29
H+S pattern forming? £6.10 target if it breaks upward.
mozy123
21/12/2016
14:39
Best one for me today but nothing really happening.
philanderer
16/12/2016
12:25
Maybe get that AG Barr deal back on ?


Britvic Plc (LON:BVIC)‘s stock had its “neutral”; rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday. They currently have a 550p target price on the stock

philanderer
15/12/2016
13:04
Gotta be one of the top takeover targets for 2017 at this price.
spoole5
15/12/2016
11:25
15th dec Berenberg buy tp 725p cut from 750p
philanderer
14/12/2016
12:30
14th dec Whitman Howard buy tp 800p
philanderer
12/12/2016
23:59
SocGen also upgrading today from 'hold' to 'buy'

updated:

12th dec Soc Gen buy -
12th dec Numis buy tp 697p
7th dec UBS buy tp 700p
1st dec Goldman Sachs neutral tp 600p
1st dec JP Morgan neutral tp 580p
1st dec HSBC hold tp 625p
1st dec Deutsche hold tp 600p
1st dec Barclays overweight tp 710p
1st dec Jefferies hold tp 600p
30th nov Goodbody buy -



30th nov ++++ Results ++++

philanderer
12/12/2016
13:36
Britvic Plc (LON:BVIC) was upgraded by research analysts at Numis Securities Ltd to a “buy” rating in a note issued to investors on Monday. The firm presently has a 697p price objective on the stock, up from their previous price objective of 650p
philanderer
09/12/2016
23:30
A good week Mozy.... +18p on the week plus the 17.5 dividend :-)
philanderer
09/12/2016
20:53
Fever Tree must have the lions share of that market phil? Well at least the premium end.

Had a nice run today.

mozy123
09/12/2016
20:30
'Record sales of gin as Britain knocks back over 1 billion g&t's'



and tonic ;-)

philanderer
08/12/2016
10:49
Yes - does a tax on tabbacco make people smoke less....

Demand is very inelastic.

It will raise revenue for the govt for sure. It just means consumers pay more for their sugar hit.

The manurfacturers wont pay the tax. They will lower sugar levels just under the taxable bands and the whole industry will raise its prices.

Had a fever tree (booo hiss) ginger beer last night. Quality was apparent. Britvic get a move on with London Essence!!!!!

Fever Trees offering at the supermarket last night in the mixer section was far greater than Britvics.

The carbonated isle was bigger than cokes tho :)

mozy123
08/12/2016
10:21
I don't think the sugar tax will make any difference, companies will just move away from sugar more and more as they have done however it impacts on every company so it doesn't really matter anyway, if people want sugary drinks they will just need to pay a little more, it's pretty simple really, the analysts will make more out of it than anyone else simply because they have to create action.

The sugar tax will be forgotten about after a while.

eastbourne1982
08/12/2016
09:58
Wake me up if it ever gets back to fair value
mozy123
08/12/2016
09:47
Rally continues. Taking into account the xd today we`re +11p from last night.
philanderer
07/12/2016
21:34
Yes the sector is ripe for consolidation to blend brand offerings to avoid high sugar taxs.

Having said that a tax on sugar wont really affect volumes. People buy pepsi at £5 a litre at the cinema. Whats 24p.....

mozy123
07/12/2016
21:20
Britvic must be a takeover candidate given the share price weakness despite very solid business performance, throw in the weak pound and I wouldn't be surprised if a bid came in from overseas. £7 - £7.50 would be tempting however it would also offer decent value for a buyer.
eastbourne1982
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