Strong update , happy to hold. |
Very decent results IMO. Revenues increase across the board, got to be good news. |
Deutsche Bank raises Britvic price target to 865 (760) pence - 'hold' |
Nice dividend paid into my ii account this morning. |
BRITVIC wins supplier of year award at the Grocer Gold Awards at the Royal Albert Hall last night. |
Barclays raises Britvic price target to 1,000 (950) pence - 'equal weight' |
 CT’s Smith adds Britvic to the menu
Columbia Threadneedle manager fund Jeremy Smith has started a position in drinks manufacturer Britvic (BVIC), which he believes is attractively valued after falling out of favour post-Covid-19.
Smith added the Citywire Elite Companies + rated stock to his £3.7bn CT UK Equity Income fund in April, stating that the company was a ‘well-invested consumer staples firm that has demonstrated resilience in a tough consumer environment’.
‘Following a period of underperformance post-Covid, when the shares fell out of favour amid the reopening trade, Britvic now appears attractively valued relative to its sector peers,’ he said.
‘The company is delivering on its core portfolio while rebuilding margins over time.’
Smith is also ‘encouraged217; by the company’s plans to expand its international business, such as in Brazil ‘where the management team is looking for bolt-on acquisitions to scale up operations’.
‘Britvic also offers higher-than-average dividend growth,’ he said.
citywire |
SocGen raises Britvic price target to 1,100 pence - 'buy' |
Robinsons owner Britvic squashes costs to juice profits
Profit grew almost twice as quickly as revenue |
Looking good. |
Excellent results all round. Increase to dividend and new share buybacks of 75 m. I thought that the share price would have moved higher on these numbers but guess the market was expecting good numbers. |
Interim results tomorrow |
Peel Hunt cuts Britvic to 'hold' (buy) - price target 920 pence |
Is Britvic poised to take Robinsons into the smoothie category? |
Today's news well received.
(Alliance News) - Britvic PLC on Friday said it has appointed British Airway's Rebecca Napier as its new chief financial officer and executive director. |
Britvic invests £13m in fifth canning line at Rugby manufacturing site |
Robinsons unveils first major rebrand in a decade to kick off fresh marketing push |
Britvic drink brand Rockstar Energy is set to expand its range with the launch of two new zero-sugar Refresh offerings.
The drinks will be available in stawberry and lime, and watermelon and kiwi, with both high in vitamin C at 21 calories per can.
The zero-sugar range also looks to build on the soft drink producer’s Healthier People sustainability agenda. |
SocGen cuts Britvic price target to 1,000 (1,050) pence - 'buy' |
(Alliance News) - Britvic PLC on Thursday said its recent performance was in-line with expectations, boosted by Christmas trading despite an anticipated volume decline.
For the three months that ended December 31, the Hemel Hempstead, England-based drinks company's financial first quarter, revenue rose 7.3% to GBP411 million from a year prior, in line with guidance.
Britvic attributed growth to price mix, partially offset by an anticipated volume decline. |
AGM thursday plus probably a trading update |
Deutsche Bank raises Britvic price target to 750 (740) pence - 'hold' |
Barclays raises Britvic price target to 950 (930) pence - 'equal weight' |
Tango welcomes bold Paradise Punch Sugar Free to its lineup |
Bank of America cuts Britvic to 'underperform' (neutral) - price target 800 (850) pence |
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