Strong start for Britvic’s Irish business as revenue rises

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Wider group reports positive progress in the early half of the year

Revenue at the wider Britvic group rose almost 8 per cent to £794 million, with adjusted earnings increasing to £85.3 million. Operating profit was up 25 per cent, while profit after tax increased 21.2 per cent to £54.4 million.“We have delivered an excellent start to the year, making great progress on our people, planet and performance measures.

Britvic said it planned a further share buyback programme of up to £75 million over the next 12 months. Looking ahead, Mr Litherland said the company was confident it would continue to make further strong progress.

 

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