Britvic Share Discussion Threads

[philanderer] 02/2/2018 10:11

Jefferies retains 'hold' .. tp 780p cut from 800p

[philanderer] 02/2/2018 10:01

Well that was quick ..


JP Morgan Caz upgrading today from 'neutral' to 'overweight' ... tp 870p up from 810p

[philanderer] 01/2/2018 17:36

1st feb JP Morgan Caz neutral tp 810p

reiterates

[philanderer] 01/2/2018 14:13

Britvic to create 80 jobs with new production lines

[philanderer] 01/2/2018 10:11

Downgrade from Soc Gen 'buy' to 'hold' tp 795p cut from 950p


(OTCMKTS:BTVCY) from a buy rating to a hold rating in a report issued on Wednesday.

[philanderer] 01/2/2018 09:57

Yesterday's Shore Cap note..

Britvic shares will remain weak, says Shore Capital


A ‘lack lustre’ update from Britvic (BVIC) only adds to the risks at the soft drinks company and Shore Capital expects the shares to remain weak.

Analyst Phil Carroll reiterated his ‘sell’ recommendation on the stock after a first quarter update reported group sales were up 3.3% to £337.2 million but when the acquisition of Brazilian group Bela Ischia was excluded, growth was just 0.7%.

‘Overall, quite a lacklustre update from Britvic albeit it did face some challenging comparatives in some divisions. We continue to see uncertainty as a key risk to the investment case in the short term. This is unlikely to be helped by the first quarter 2018 trading performance,’ he said.

‘Furthermore, we note the announcement of more material exceptional costs. This is again unwelcome news in relation to the balance sheet.’

He added that ‘we continue to expect shares to be weak in the short term and therefore reiterate our “sell” recommendation’.

The shares were down 6.4% at 734p yesterday.

[philanderer] 31/1/2018 23:25

31st jan Shorecap sell

reiterates

[davr0s] 31/1/2018 19:38

Glad I sold yesterday - decided I didn't want to stand in front of results

[philanderer] 31/1/2018 13:17

Goodbody brokers...


Britvic announced a slow start to the year in a Q1 trading update this morning. Overall, the Group generated organic revenue growth of 0.7% (vs. GBY forecast for c.1%) driven by strong pricing growth in the GB Carbs and Ireland divisions, partially offset by GB Stills and France.

In terms of outlook, management reiterated its expectation for a year of further progress in FY18 (consensus of £201.3m and Goodbody at £203.4m which represent 3% and 4% yoy growth respectively). We are unlikely to change our forecasts at this early stage.

[philanderer] 31/1/2018 13:04

Lower now than any of the 'experts' predicted..


18th jan Deutsche buy tp 950p
17th jan JP Morgan Caz neutral tp 810p
8th jan Morgan Stanley equal weight tp 680p
13th dec Shorecap sell -
5th dec UBS buy tp 870p
1st dec Jefferies hold tp 800p
30th nov Goldmans neutral tp 760p



29th nov ++++ Results ++++

[mj19] 31/1/2018 10:20

Britvic posted a 3.3% jump in first-quarter revenue as it highlighted uncertainty from the introduction of the soft drinks levy. Revenue rose to £337.2m, but on an organic basis excluding the acquisition of Bela Ischia, it was up a more modest 0.7%.

[philanderer] 31/1/2018 08:55

Looks ok to me.

[philanderer] 30/1/2018 10:56

Q1 trading update tomorrow

[philanderer] 29/1/2018 20:23

'UK food and drink industry sets out sustainability aims, following its 51% CO2 emissions cut.'


.....Two major companies from the drinks industry contributing to the sustainability hub online resource, Coca-Cola European Partners (CCEP) and Britvic, gave examples of the steps they are taking to make their operations more environmentally friendly.

article:

[philanderer] 19/1/2018 17:24

Robinsons trumpets 'adult squash' Fruit Creations in debut Saatchis campaign

[philanderer] 18/1/2018 09:18

Upgrade by Deutsche from 'hold' to 'buy'

Target price : 950p

[mozy123] 18/1/2018 09:05

Whats the news here then?

[philanderer] 17/1/2018 12:26

17th jan JP Morgan Caz neutral tp 810p

reiterates

[philanderer] 16/1/2018 17:28

Britvic sets 2020 goals for calorie reduction

16-Jan-2018

Britvic aims to reduce the average calories in its drinks by 20% by 2020, as it sets out its new sustainable business program.

[philanderer] 12/1/2018 16:25

Britvic launches a new health and sustainability programme

[philanderer] 11/1/2018 10:45

Britvic upgrades Leeds bottling plant as it launches healthier lifestyle campaign

[philanderer] 09/1/2018 10:06

Britvic names John Campbell commercial operations director

[philanderer] 08/1/2018 10:43

8th jan Morgan Stanley equal weight tp 680p up from 620p