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Trading statements

Britvic confident after strong start to year

31 January 2017 07:18

Soft drinks group Britvic is confident of meeting market forecasts after a strong start to the year.

Britvic said first quarter revenue rose to £351.0m, an increase of 4.3% on the prior year.

The strong start to the year was underpinned by volume growth of 3.9%.

Chief executive Simon Litherland said: "The new financial year has started well with group revenue 4.3% ahead of last year, continuing the good progress we made as a business in the prior year.

"Encouragingly all our key markets have delivered revenue growth.

"Whilst the external environment remains uncertain, we are confident that the strong execution of our marketing and innovation plans combined with disciplined revenue management and our cost saving initiatives will deliver full year results in line with market expectations."

Story provided by StockMarketWire.com

Related Company: BVIC

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