Britvic Share Discussion Threads

[philanderer] 22/7/2020 12:18

Q3 update much as expected.

ShoreCap hold - reiterates

[philanderer] 15/7/2020 19:46

Britvic debuts spirits and mixer packs...

[philanderer] 09/7/2020 10:00

9th july Goldmans buy tp 1220p up from 1180p

9th july UBS buy tp 840p up from 750p

[philanderer] 30/6/2020 12:36

Kepler resumes coverage with 'buy'

[philanderer] 26/6/2020 13:49

25 Jun 2020

Britvic is pleased to announce the appointment of Matt Swindall to the role of Chief Procurement Officer.

Matt has more than 20 years’ experience working for Coca-Cola, both for Coca-Cola Enterprises in Europe and the United States, and more recently for The Coca-Cola Company. During his career, Matt has held a series of roles in both procurement and supply chain operations.

Matt brings broad procurement experience gained in the direct, indirect and agricultural commodities segments. Most recently, he led Coca-Cola’s global procurement for plastics packaging and sweeteners.

[philanderer] 25/6/2020 11:09

Britvic shares are inexpensive, says Jefferies


Britvic (BVIC) could add Rockstar energy drinks to its portfolio, which Jefferies says would add to the case for the inexpensive shares.

Analyst Elsa Hannar retained her ‘buy’ recommendation and target price of 850p on the stock after AG Barr lost its distribution agreement for Rockstar drinks, providing an opening for Britvic to snap up a contract for the brand. The shares fell 3.3% to 784.5p yesterday.

‘The potential addition of the Rockstar brand to the portfolio would increase exposure to the fast growth, high revenue per case energy segment where the company today under indexes,’ she said.

‘We estimate it would add 2% to Britvic volumes.’

She said the shares were ‘inexpensive, guidance is conservative, and we expect re-rating as markets reopen’.

[our haven] 11/6/2020 12:49

The rising share price of Britvic is reason enough to stay invested. It is proving to be a great performer in a challenging market.

[bvic] 29/5/2020 15:31

Share is overpriced it is better to sell at the peak now before stock crashes. International sales are losing money and uk branxh is losing 18million a month.

Bottled products are not performing, pubs are closed so no sales of London essence stock.

NO dividened so no incentive to stay in this stock.

[philanderer] 28/5/2020 10:00

JEFFERIES RAISES BRITVIC PRICE TARGET TO 850 (800) PENCE - 'BUY'

[cellibomb] 27/5/2020 16:11

Thanks for sharing the article. Like you said it was going to be 50:50 on the divi but deferral has been well received, along with the result not having any nasty surprises in them

[philanderer] 27/5/2020 11:49

Results well received so far today.

Liberum reiterates 'hold'


"While sales were broadly in line with our estimates, we were expecting Britvic to execute a mitigation strategy to remain free cash flow positive in the first half," analysts at Liberum commented.

"The company is deferring the decision on the dividend, which seems reasonable to us; however, we fear the surprises on tax and creditors could lead to temporary weakness in the shares."

proactiveinvestors.co.uk

[philanderer] 27/5/2020 08:44

Dividend decision defered.

[philanderer] 26/5/2020 13:40

Fifty fifty chance of a dividend being declared. As you said CB , BAG aren't paying a dividend.

[cellibomb] 26/5/2020 10:21

They stated the interim dividend is under review (on 23 March) and will either be recommended or postponed in the latest results, which will be published tomorrow. I think I read somewhere that out of home accounts for around 25% of sales and the announcement said they expect a £12m-£18m hit a month to EBITDA, which would imply they have already taken up to £36m hit over the two months. Let's hope an increase in retail sales is better than expected (today's share price rise seems promising at least). I know probably not the best comparison but AG Barr cut their dividend due to weak soft drinks performance, so I'm not holding my breath...

[danj1975] 26/5/2020 08:54

Hi does anyone know if the dividend is being paid, reduced or suspended?Can't find any info to say it's not being paid

[drobinson1991] 07/5/2020 14:51

Hi everyone, been trying to do some digging into wisehead production which is a subsidiary of Britvic and looks to be a real competitor to Fevertree especially with their London essence company. Does anyone know where to get more info such as their contribution to the total companies revenue? Is the subsidiary profitable etc. Etc. Thanks in advance

[philanderer] 29/4/2020 13:50

29th april Berenberg buy tp 900p cut from 1060p

[emptyend] 29/4/2020 07:07

Norwegian sovereign wealth fund as a holder of 3% now....

[philanderer] 24/4/2020 10:06

CITIGROUP CUTS BRITVIC PRICE TARGET TO 850 (880) PENCE - 'BUY'

[philanderer] 23/4/2020 10:17

GOLDMAN CUTS BRITVIC PRICE TARGET TO 910 (940) PENCE - 'BUY'

[cellibomb] 19/3/2020 10:29

Anyone know the % split of revenue for Britvic between retailers and bars/restaurants? The latter is the reason these shares have been hammered recently and tempted to top up but can imagine their revenue will be massively impacted by people not going out. Whether this may be countered by more people buying from retailers I'm not sure, as the shelves seem to still have plenty of stock of dilute and pop currently. Thoughts anyone?

[philanderer] 06/3/2020 00:11

Fruit Shoot Launches Major Myth-Busting Media Campaign

[philanderer] 26/2/2020 09:05

26th feb Goldmans buy tp 1120p

[5oletrader] 20/2/2020 17:12

Taking on MORE Debt I see...Also noted - Managing Director Olivier Mercier sold his entire stake in the company.

[philanderer] 17/2/2020 17:29

Britvic today has agreed it's first sustainability - credit linked facility