Britvic Irish slump worsens
The group yesterday issued a strong set of annual figures, with bumper profits ahead of expectations. However, regarding its Irish operations, it said that it continues to see “difficult” market conditions.
In the year to the end of September, Britvic Ireland generated revenues of £128.3m (€162.2m), a 6.3% drop on the £136.9m reported in the previous year. It was the worst performing regional unit— the group also has direct operations in Britain and France and an international distribution network — during the year. Sales volumes in Ireland were down by 1% in the year.
