Britvic Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9287693 by Harry Brooks on Feb 14, 2012 at 05:01
http://bit.ly/ytgwER By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9287693&action=detail Tue, 14 Feb 2012 05:42:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9287083 Tuesday, February 14, 2012 by
http://bit.ly/AFxeYk By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9287083&action=detail Mon, 13 Feb 2012 21:03:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9284291 February 13. at 11:56 am
http://bit.ly/xcBFVG By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9284291&action=detail Mon, 13 Feb 2012 12:04:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9210687 The Independent | 26-Jan-2012
http://bit.ly/wDmpLS

Pepsi adds a little fizz to Britvic’s festive sales
The Scotsman | 26-Jan-2012
http://bit.ly/yjENKd


Britvic sales lifted by popularity of Pepsi at Christmas
Daily Mail | 26-Jan-2012
http://bit.ly/A82C9j By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9210687&action=detail Thu, 26 Jan 2012 07:40:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9209955 7:40PM GMT 25 Jan 2012
http://tgr.ph/xwEobk By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9209955&action=detail Wed, 25 Jan 2012 21:37:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9114058
www.dividendmax.co.uk

http://www.dividendmax.co.uk/sectors/beverages/companies/britvic By performer ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9114058&action=detail Mon, 02 Jan 2012 09:51:00 GMT performer tag:iii.co.uk,2003:tst.9029650
www.dividendmax.co.uk

http://www.dividendmax.co.uk/sectors/beverages/companies/britvic By performer ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9029650&action=detail Sun, 04 Dec 2011 09:15:00 GMT performer tag:iii.co.uk,2003:tst.9016983 ')" target="_new" rel="nofollow">http://www.ft.com/cms/s/0/383c6116-1b25-11e1-85f8-00144feabdc0.html#ixzz1fEeY1yw5

November 30, 2011 10:27 am
Britvic signs further US distribution deals

By Adam Jones

Britvic is pushing its Fruit Shoot brand further into the US after signing distribution deals in three more states, as well as a local manufacturing agreement.

Announcing flat annual underlying pre-tax profits, Britvic said the drink would be going on sale in Kentucky, Florida and Georgia. Its US presence is at present confined to Alabama, North Carolina and South Carolina.


It also announced that Pepsi Bottling Ventures, Fruit Shoot’s distributor in the Carolinas, would start making the drink from concentrate sent over from Dublin in 2012.

Paul Moody, Britvic chief executive, said the manufacturing deal was a “really important first step to accelerating our growth in the US” by removing the need to ship the finished product across the Atlantic.

“It enables us to eliminate a high level of supply chain cost,” he said, adding that related marketing and other investments would initially offset the positive impact on its gross margin in the US.

Mr Moody said the attraction of Fruit Shoot to US partners was that it was a proven success in terms of its child-oriented brand positioning, taste and packaging.

While Fruit Shoot is the initial focus in the US, other Britvic brands could follow in its wake, he added: “As we establish our position we would certainly look to add further brands.”

For the year to October 2, Britvic’s sales were £1.29bn, up 13 per cent on the figure for the 2009-10 financial year, which contained 53 weeks rather than 52. The gain was largely thanks to the acquisition of Fruité, a French soft drinks company.

Pre-tax profit was £79.9m, reflecting an accounting gain of £13.2m on the closure of its defined benefit pension scheme to fresh accrual, as well as restructuring costs of £25m and other exceptional items.

The profit compared with a loss of £28.8m a year earlier. On an underlying basis that strips out exceptionals and adjusts for the extra week of trading a year earlier, pre-tax profit was £105.1m, up marginally from £104.6m.

Mr Moody said market conditions would remain challenging, adding that its input costs were likely to rise by mid to high single-digits in percentage terms over the next year.

Diluted earnings per share were 23.7p, compared with a loss of 21.4p a year earlier. A final dividend of 12.6p per share has been proposed, making a total of 17.7p for the year, a rise of 6 per cent on the previous annual pay-out.

Britvic shares rose 1.6p to 338p in early morning trading in London on Wednesday. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9016983&action=detail Wed, 30 Nov 2011 23:44:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9011384
http://www.dividendmax.co.uk/sectors/beverages/companies/britvic

www.dividendmax.co.uk

By performer ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=9011384&action=detail Wed, 30 Nov 2011 07:19:00 GMT performer tag:iii.co.uk,2003:tst.8998635
http://www.dividendmax.co.uk/sectors/beverages/companies/britvic

www.dividendmax.co.uk By performer ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=8998635&action=detail Sat, 26 Nov 2011 10:15:00 GMT performer tag:iii.co.uk,2003:tst.8988318 http://www.cityam.com/news-and-analysis/best-the-brokers/best-the-brokers-456


Thursday 24th November 2011, 12:25am
FULLER, SMITH & TURNER
Numis rates the pub group “add” with a target price of 775p, up from 725p to reflect its enlarged managed pub acquisition scheme. The broker thinks Fuller will report a three per cent rise in pre-tax profits when it reports tomorrow, and believes the firm is well-placed to continue its outperformance. Numis is also impressed by the firm’s strong balance sheet and London-biased freehold estate.

BRITVIC
Nomura rates the drinks firm “buy” with a price target of 415p following the firm’s in-line fourth quarter trading statement. The broker thinks investors will focus on Britvic’s expected dividend hike and a possible rise in its pensions deficit when the firm reports its next set of results. Nomura expects the firm to deliver five per cent revenue growth in the UK and France next year.

SMITH & NEPHEW
Goldman Sachs rates the medical devices firm “buy” but has cut its target price from 775p to 740p. The broker has trimmed its growth forecasts by one per cent for the next two years, ahead of sluggish growth in US elective surgery volumes. However, Goldman remains convinced that the firm can deliver above-market growth of five per cent and strengthen its margins in the medium term. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=8988318&action=detail Thu, 24 Nov 2011 06:52:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8866207 http://www.independent.co.uk/news/business/sharewatch/investment-column-buoyant-petrofac-set-to-drill-its-way-back-into-the-north-sea-oilfields-2373690.html

By James Moore
Friday, 21 October 2011

Britvic

Our view: Buy

Share price: 328P (+19.7P)

Has Britvic lost its fizz? The company's trading statement yesterday suggested a slowdown in its fourth quarter: revenues rose by only 0.3 per cent compared to strong growth in the third, held back by falling sales in Ireland and France.

But while the problems of the former are hardly surprising given its economic troubles, the French business (acquired last year) did face particularly tough comparatives. Britvic's fourth quarter is made up of July, August, and September.

Last year in France those months were hot, this year they were not. So a fall in sales of 1.5 per cent is not a bad result. What's more, the British and international franchise operations did well.

For the year to 2 October, overall group revenues grew 0.8 per cent, and by 14.6 per cent to £1.3bn including that French business, acquired in the third quarter of last year. The group also pushed through some price increases: the GB and International average realised price was 2.1 per cent higher.

The shares have fallen since we last updated our view in December. So much so, that the valuation is starting to look very compelling. The stock trades on a multiple of just 8 times full year forecast earnings, with a cracking prospective yield of 6 per cent. To put this in perspective, Panmure has highlighted that the valuation represents a discount to the group's international peer group of about 45 per cent. That's undeserved. Soft drinks are clearly not entirely immune from economic woes. But these shares are undervalued. Buy By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=8866207&action=detail Fri, 21 Oct 2011 00:05:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8850893 http://www.weekendcitypressreview.co.uk/subscriber/this-weeks-review

The Times
Tempus: Martin Waller reveals that next month the MoD is due to choose between Serco and Capita for an outsourced recruitment and training contract, the first of a new wave of MoD outsourcing deals planned. ● Personal Investor: David Budworth says buy Britvic, 317.5p, for its near-6% yield. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=8850893&action=detail Sun, 16 Oct 2011 22:06:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8714956 Published Date: 06 September 2011
By Bryan Johnston
of Brewin Dolphin
Scotsman says BUY
http://business.scotsman.com/business/One-to-watch-Britvic.6831287.jp

Britvic's share price has fallen sharply in recent weeks from a 2011 peak of around 440p.
It has been a rotten summer in Europe and this has persuaded quite a marked reassessment of earnings prospects for the full year.

Moreover, many companies with any sort of involvement in consumer markets have tended to be sold down aggressively and, in some instances, indiscriminately, of late.

In fact, Britvic is a well-run group with important brands, which themselves enjoy significant market penetration. This year's share price weakness has taken the prospective price to earnings ratio down to around 9, earning a yield of around 6 per cent.

The cold weather in June saw the soft drinks market fall over 8 per cent in the UK and 13 per cent in Ireland but the current rating seems to recognise the seasonal challenges but overlook the operational efficiencies and revenue generation capacity of this group.

Britvic is one of Europe's leading soft drink companies. The company employs 3,500 people and sells 1.9 billion litres of soft drinks annually.

Britvic
306.9p -9.4p
Scotsman says BUY By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=8714956&action=detail Tue, 06 Sep 2011 05:20:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8621513 http://www.iii.co.uk/investment/detail?code=cotn:BVIC.L&display=discussion&id=8621513&action=detail Fri, 05 Aug 2011 16:38:00 GMT skipper123