Britvic Share Discussion Threads

[philanderer] 05/1/2024 00:23

One of the largest supermarket chains in France is refusing to sell PepsiCo products on the grounds they have become too expensive to stock.

A spokesperson for Carrefour said the move would apply to its network of more than 9,000 stores across France, Spain, Italy and Belgium.

The chain said it had deployed signs in-store that blamed "unacceptable price increases" for the move.

[philanderer] 05/1/2024 00:17

Carrefour pulls PepsiCo products in four EU countries over price hikes

[our haven] 21/12/2023 08:09

Almost exactly this morning's fall, which is currently good being the wider market falls.

[philanderer] 21/12/2023 00:32

xd thursday morning for the 22.6p dividend.

[philanderer] 29/11/2023 10:14

JPMorgan raises Britvic price target to 1,100 (1,050) pence - 'overweight'

[philanderer] 23/11/2023 14:43

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.

[philanderer] 22/11/2023 16:49

The company made no comment on trading in the early part of the 2024 financial year, although analysts at UBS see no reason for material changes to City forecasts following today’s figures.

Britvic increased its full-year dividend by 6.2% to 30.8p a share, which it said reflected confidence in its prospects and strong balance sheet. This will be paid on 7 February.

ii.co.uk

[our haven] 22/11/2023 16:24

Agree, very happy to hold

[philanderer] 22/11/2023 10:13

Reliable numbers , happy to hold.

[laurence llewelyn binliner] 22/11/2023 07:18

Another 22.6 pence in the pot.. :o)

[philanderer] 20/11/2023 16:25

Results wednesday.

[philanderer] 09/10/2023 19:00

London Essence expands Crafted Sodas range with two variants

[philanderer] 06/10/2023 09:46

Back down through chart support now.

[philanderer] 05/10/2023 09:46

Kepler Cheuvreux cuts Britvic to 'hold'

[philanderer] 04/10/2023 09:03

Citigroup cuts Britvic price target to 1,025 (1,060) pence - 'buy'

[philanderer] 26/9/2023 18:26

Peel Hunt raises Britvic to 'buy' (hold) - price target 1,000 (920) pence

[our haven] 26/9/2023 06:54

Peel Hunt upgrade this morning from hold to buy

[philanderer] 08/9/2023 09:55

Deutsche Bank raises Britvic price target to 870 (865) pence - 'hold'

[philanderer] 07/9/2023 23:19

Britvic : Plenish goes for industry first with the launch of UK's only Barista M*lk range free from added oils and additives

[philanderer] 01/9/2023 18:51

'Pepsi Max launches Mango variety'

The new launch comes in 500ml, 1,25l, 1.5l and 2l bottles, and multipacks of eight and 24 330ml cans

[philanderer] 29/8/2023 14:05

Barclays upgrades Britvic to 'overweight'

Barclay has upgraded its stance on the shares of Britvic and lifted its target price by 10%, saying the "stars are aligning" for the soft drinks maker.

The bank has raised its rating from 'equal weight' to 'overweight', and hiked its target price from 1,000p to 1,100p.

Britvic said back in July that trading in ts third quarter had been "strong", with revenues up 9.9%, helped by positive price/mix and volume growth. This raised year-to-date revenue growth to 8.6%.

The company also announced two acquisitions: Jimmy's Iced Coffee in the UK, and Extra Power in Brazil.

"In the wake of COVID and inflation disruption to the implementation of Britvic's new growth strategy, we now see headwinds clearing and identify multiple top-line and margin drivers that can deliver accelerated growth," Barclays said in a research report on Tuesday.

"Our updated forecasts are 4%+ ahead of consensus from FY24E onwards."


sharecast.com

[philanderer] 29/8/2023 09:01

Thanksd OH, here we go ....Barclays raises Britvic to 'overweight' (equal weight) - price target 1,100 (1,000) pence

[our haven] 29/8/2023 07:06

I see Barclays has upgraded Britvic to buy from hold. Definitely adding to the share price this morning on an already positive day for the wider market.

[philanderer] 27/7/2023 15:25

27 Jul 2023

Britvic expands its portfolio with the addition of the UK’s fastest growing ‘ready to drink’ iced coffee brand

The Board of Britvic plc ("Britvic") announces today the acquisition of Jimmy’s Iced Coffee. Founded in 2010, Jimmy’s Iced Coffee is the fastest growing[1] ready-to-drink iced coffee brand in the segment, thanks to its uplifting brand personality, refreshing range of products, differentiated packaging and multi-channel presence.




The Board of Britvic plc ("Britvic") announces today the acquisition of the Extra Power energy drink brand in Brazil from GlobalBev. This marks an important extension of Britvic’s Brazilian operations, consistent with Britvic’s strategy to accelerate and expand its presence across Brazil.

[philanderer] 27/7/2023 11:09

Strong update , happy to hold.