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BVIC Britvic Plc

1,187.00
12.00 (1.02%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Britvic Investors - BVIC

Britvic Investors - BVIC

Share Name Share Symbol Market Stock Type
Britvic Plc BVIC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
12.00 1.02% 1,187.00 16:35:04
Open Price Low Price High Price Close Price Previous Close
1,175.00 1,172.00 1,195.00 1,187.00 1,175.00
more quote information »
Industry Sector
BEVERAGES

Top Investor Posts

Top Posts
Posted at 30/6/2024 00:17 by philanderer
Aviva tells Carlsberg: Raise your Britvic bid - top investor says brewer CAN afford to pay more


A major investor in Britvic has called on Carlsberg to sweeten its takeover offer for the group.

Aviva, which is a top ten shareholder in Britvic, the maker of Robinsons soft drinks, said there would be benefits to a merger of the companies but that the bid price was too low.

Britvic revealed last week it had rejected two bids from the Danish brewer. The highest offer valued it at £3.1 billion. The FTSE 250 firm said it 'carefully considered' the second offer but that it was still too low to accept.

Kunal Kothari, UK equities fund manager at Aviva, said Carlsberg has 'scope to be more generous' with another bid.

He said the brewing giant could benefit significantly from a takeover – for example because the firms distribute drinks to similar customers. Kothari said: 'Whether we support the deal or not depends on whether the offer price values the business appropriately.'

He added that the current deal was not high enough because it did not take into account how Britvic's finances are expected to improve over the next few years as a standalone company.

Carlsberg has until July 19 to table a final bid. Its £3.1 billion offer, of 1250p per share, was around 29 per cent higher than Britvic's share price before speculation about a deal emerged. Last week PepsiCo, which has a bottling contract with Britvic, said it would not stand in the way. This removed a potential roadblock.


Mail on Sunday
Posted at 21/6/2024 23:55 by philanderer
Making the case to keep Britvic British is tricky as there is no overwhelming national interest at stake

Goldman Sachs International, Britvic's biggest investor with a 8.29 per cent stake, will have a significant say. Britain's long funds are way down the list of owners. M&G, with a substantial 4.7 per cent holding, is in sixth place.

(Daily Mail)
Posted at 21/6/2024 11:43 by philanderer
Richard Hunter at Interactive Investor said: "While there is no guarantee that any takeover will happen, the news is the latest confirmation that there are many overseas companies running the slide rule over UK PLC

"On the one hand, it recognises that there are many well-run businesses who are trading at a discount to their true value and are therefore attractive bid targets.

"On the other hand, it also reduces the number of companies listed which is a real current concern for policymakers and which has yet to be addressed.”


proactiveinvestors.co.uk
Posted at 14/6/2024 13:46 by philanderer
Investors Chronicle


Britvic shares have plenty of fizz
Posted at 27/3/2024 00:55 by philanderer
'Britvic Ireland: an overview of Ireland's Deposit Return Scheme for investors'

15 minute video
Posted at 23/11/2023 14:43 by philanderer
Investors Chronicle:


The shares currently look relatively cheap, trading at 13 times forward consensus earnings compared to a 5-year average of 15 times. Trading has been resilient despite cost of living pressures, helped by brand equity. Consumers may be swallowing higher prices, but margins aren't impressing.


Hold.
Posted at 21/4/2022 00:31 by philanderer
Questor: Britvic’s growth and income potential gives soft drinks maker room to sparkle

Questor share tip: its evolving portfolio of brands, sound finances and attractive valuation make it an option for all manner of investors
Posted at 11/10/2021 23:45 by philanderer
Market report:

Further down the league table and Britvic, the drinks maker behind Robinsons, Lipton ice tea and Fruit Shoot, slumped after it was downgraded by analysts.

Shares in the FTSE 250 (down 0.22 per cent, or 48.7 points, to 22487.47) company dropped 4.9 per cent, or 44p, at 859p – their biggest fall in a year – after Royal Bank of Canada said it was poorly positioned, with limited brand power.

The analysts also said Britvic will need to invest heavily in labour, logistics and carbon dioxide supply in the next year.

Investors instead turned to rival Fevertree (up 1.6 per cent, or 38p, at 2471p), which is trying to crack America.
Posted at 20/10/2020 00:10 by philanderer
Britvic PLC Sponsored ADR (BTVCY) Upgraded to Buy

Britvic PLC Sponsored ADR (BTVCY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.



finance.yahoo.com/
Posted at 27/11/2019 18:00 by philanderer
Investors Chronicle:

Despite a “challenging and uncertain environment” drinks giant Britvic (BVIC) performed well in the year to September 2019. Sales grew 1.4 per cent, while adjusted operating profits were up 4.4 per cent to £214m.

The group’s French business performed below expectations and management is in exclusive discussions to sell three of its juice manufacturing sites in the country to Refresco.

Buy.

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