Britvic Share Discussion Threads

[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 20:00

London Essence expands Crafted Sodas range with two variants

[philanderer] 06/10/2023 10:46

Back down through chart support now.

[philanderer] 05/10/2023 10:46

Kepler Cheuvreux cuts Britvic to 'hold'

[philanderer] 04/10/2023 10:03

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

[philanderer] 26/9/2023 19:26

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

[our haven] 26/9/2023 07:54

Peel Hunt upgrade this morning from hold to buy

[philanderer] 08/9/2023 10:55

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

[philanderer] 08/9/2023 00:19

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 19:51

'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 15:05

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 10:01

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

[our haven] 29/8/2023 08:06

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 16:25

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 12:09

Strong update , happy to hold.

[our haven] 27/7/2023 08:05

Very decent results IMO. Revenues increase across the board, got to be good news.

[philanderer] 17/7/2023 10:06

Deutsche Bank raises Britvic price target to 865 (760) pence - 'hold'

[philanderer] 05/7/2023 14:35

Nice dividend paid into my ii account this morning.

[njones01] 05/7/2023 08:30

BRITVIC wins supplier of year award at the Grocer Gold Awards at the Royal Albert Hall last night.

[philanderer] 27/6/2023 10:45

Barclays raises Britvic price target to 1,000 (950) pence - 'equal weight'

[philanderer] 03/6/2023 00:20

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

[philanderer] 17/5/2023 10:04

SocGen raises Britvic price target to 1,100 pence - 'buy'