Britvic’s Irish revenue falls 15.3% in third quarter

BRITVIC has reported a 15.3% year-on-year fall in third-quarter revenues for its Irish operations, to £36.5 million (approximately €41.4m).

Britvic’s Irish revenue falls 15.3% in third quarter

The British-owned soft drinks manufacturer — which acquired the former soft drinks arm of C&C Group back in 2007, for just under €250m — said that “continued tough macro-economic conditions“, poor weather and a strong prior year comparative dragged down the performance of the Irish operations during the three-month period to the end of June.

The company added that in the first nine months of its financial year (which runs until the end of September), Britvic Ireland’s revenue fell — again, on a year-on-year basis — by 10.8% to £118.4m.

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