Dissemination of a Regulatory Announcement, transmitted by EQS Group.
Key Points:
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Britvic plc (the “Company") was notified on 19 January 2023 that the following transactions have taken place in relation to the Britvic Share Incentive Plan (“SIP”).
The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 20 pence each (“Shares”), using deductions from salary in each monthly pay period, and receive allocations of matching free Shares (“Matching Shares”).
“Robust start to the year, trading in-line with our expectations”
Key Points:
“Robust start to the year, trading in-line with our expectations”
In the first quarter, Group revenue increased 7.3% to £411m on a constant currency basis (reported +9.9%) versus last year and was in-line with management expectations.
Robust group revenue growth driven by price/mix, partly offset by an anticipated volume decline
Other International revenue up +3.5% led by Ireland and strong price/mix.
France broadly flat with price/mix growth offset by a volume decline
Interim results, for the six months ending 31 March 2023 will be announced on 16 May 2023.
“Our performance in the first quarter was robust and in-line with our expectations.