Britvic (BVIC)

Sector:

Beverages

Index:

FTSE 250

816.50p
   
  • Change Today:
      5.50p
  • 52 Week High: 1,006.00p
  • 52 Week Low: 741.00p
  • Currency: UK Pounds
  • Shares Issued: 266.50m
  • Volume: 318,376
  • Market Cap: £2,175.94m
  • RiskGrade: 126

Britvic lifts dividend as profits rise on out-of-home sales boost

By Frank Prenesti

Date: Wednesday 24 Nov 2021

LONDON (ShareCast) - (Sharecast News) - UK drinks maker Britvic on Wednesday lifted its dividend after a rise in annual profits as store sales increased after the easing of Covid lockdown restrictions.
The owner of the Robinsons and J2O brands said pre-tax profit for the year to September 30 rose to £143m compared with £111.2m a year ago as Covid-19 restrictions eased in the second half and out-of-home volumes rebounded strongly.

"Immediate consumption volumes benefited from increased mobility levels and people holidaying domestically, recovering back to 2019 levels in quarter four," the company said.

Revenue was flat at £1.41bn and the board declared a final dividend of 17.7p a share, taking the full-year dividend to 24.2p, up from 21.6p.

"We have started our new financial year with good trading momentum. Like others, we are facing into inflationary pressures, but we are confident we will minimise the impact on our business through revenue growth management, smart procurement and other cost initiatives," the company said in a statement.

"We anticipate further progress against our key financial metrics in 2022 and are confident we will continue to deliver superior returns in the years ahead."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Britvic Market Data

Currency UK Pounds
Share Price 816.50p
Change Today 5.50p
% Change 0.68 %
52 Week High 1,006.00p
52 Week Low 741.00p
Volume 318,376
Shares Issued 266.50m
Market Cap £2,175.94m
RiskGrade 126

Britvic Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.85% below the market average82.85% below the market average82.85% below the market average82.85% below the market average82.85% below the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
11.39% above the market average11.39% above the market average11.39% above the market average11.39% above the market average11.39% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Income
5.99% above the market average5.99% above the market average5.99% above the market average5.99% above the market average5.99% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Growth
69.87% below the market average69.87% below the market average69.87% below the market average69.87% below the market average69.87% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 7
Sell 0
Strong Sell 0
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Britvic Dividends

  Latest Previous
  Interim Final
Ex-Div 26-May-22 16-Dec-21
Paid 06-Jul-22 02-Feb-22
Amount 7.80p 17.70p

Trades for 01-Jul-2022

Time Volume / Share Price
16:45 3,803 @ 817.00p
16:45 3,803 @ 817.00p
16:35 110,245 @ 816.50p
16:29 97 @ 816.00p
16:29 309 @ 817.00p

Britvic Key Personnel

CEO Simon Litherland
CFO Joanne Wilson

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