Britvic reports €5.3m profit

BRITVIC Ireland reported first-half operating profit of £4.3 million (€5.3m) yesterday.

The company, which acquired the soft drinks and related businesses of C&C in March last year for €249m, said its Irish division performed well in its first full period, contributing revenues of £99.5m (€124m).

The positive results come after Britvic Ireland delivered a blow in January this year when it announced plans to close its plant in Cork with the loss of 60 jobs. The company transferred production from its manufacturing plant in the Courtstown Industrial Estate in Little Island to its plant in Dublin, with a €7.6m investment.