|Delayed - 07/30 11:35:20 am|
Britvic : Robinsons owner Britvic reinstates dividend after resilient six months
|05/18/2021 | 05:00am|
Britvic’s revenue and profit slipped in the six months to 31 March, however the soft drinks retailer has decided to reinstate its dividend after a resilient performance despite Covid restrictions.
Revenue at the company fell to £617.1m from £698.8m during the same period last year, and profit after tax slipped to £33.2m from £38.9m.
Nevertheless, the soft drinks company decided to reinstate an interim dividend of 6.5p per share to be paid on 7 July.
“We have continued to win in the channels open to us and have gained share in our key growth markets of GB and
“We have also made good progress on our strategic opportunities, such as simplifying our Irish business, entering the mainstream energy category in GB and
By mid-morning the retailer’s share price had risen nearly 2.9 per cent following the publication of the results.
Britvic’s said pandemic restrictions had heavily impacted its performance in hospitality and on-the-go consumption.
However its at-home market had grown in the six months, up 6.2 per cent led by favourites Robinsons, Pepsi Max and 7UP.
The post Robinsons owner
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