Britvic profits rise 6% in first four months

Maker of 7UP and Robinsons squash, Britvic, saw profits rise more than 6% in the opening four months of the year despite tough trading conditions. Earnings climbed to £64.7m (€90.68m) on the back of continued disciplined cost management.

Earnings before interest tax and amortisation have improved by 60 basis points this year and by 140 basis points over the last two years.

As well as driving an increase in earnings, the company also decreased its debt pile during the opening months of the year and continues to invest in the business, chief executive Simon Litherland said yesterday.