Britvic reports marginal turnaround at Irish operations

Britvic — the British-owned international soft drinks producer — has reported a marginal turnaround in fortunes at its Irish operations.

The company yesterday reported group revenues of £304.3m (€408m) for the first quarter of its current financial year, covering the 12 weeks to the end of December. This represented a 0.4% year-on-year decline.

However, in Ireland —where it significantly upped its presence eight years ago via the purchase of the former soft drinks division of C&C and inherited such well-known brands as Club, MiWadi and Ballygowan — the group said revenue increased by 2.8% on a year-on-year basis.