Britvic Shares News & Articles

Market report: Profits slump at struggling Marks & Spencer as dividend cut and discounted rights issue unveiled

UK investors are on the front foot in early trade on Wednesday as they eye the promise of progress on a softer Brexit deal and are buoyed by firm markets in New York and Asia overnight. The benchmark FTSE 100 opens roughly 34 points higher at 7,362.92, closing on May highs of 7,385, and batting off a series of corporate announcement disappoints. They include Marks & Spencer ...

Market report: Intu property buyout falls through, funerals probe and Britvic sweet no sugar switch

Plans to buyout UK shopping centres operator Intu Properties (INTU) have fallen through after a consortium led by the group’s chairman John Whittaker pulled the plug. This comes a huge disappointment to investors in the owner of Manchester's Trafford Centre, sparking a massive 38%-plus slump in the Intu share price, to 117.85p. That values the business at about £1.6bn. This is the second ...

Britvic could be in line for a bumper fourth quarter if the UK enjoys more hot weather

Pepsi Max and Robinsons owner Britvic (BVIC) has struggled to take advantage of the ongoing heatwave following extensive disruption to the supply of carbon dioxide in the UK and Ireland. However, a continuation of the hot weather could give a nice boost to its fourth quarter, particular as the CO2 issue appears to have been resolved. Its third quarter period to 8 July saw 3.4% sales rise to ...

Market report: Investors toast Fevertree figures, Superdry founder flogs stock and Drax hurt by downtime

Fancy mixer drinks supplier Fevertree Drinks (FEVR:AIM) storms more than 10% higher in early trade on Tuesday after indicating it will beat full year forecasts. Shares in the AIM favourite fizz 355p up to £38.10 on word that full year results will be ‘comfortably ahead’ of expectations, as the premium drinks maker reported a 35% jump in first half core earnings on the back of strong sales ...
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