bullish
Britvic - Q3 trading statement: Still(s) crazy
SUMMARY
Britvic (BVIC) has successfully managed two potential threats – the Soft Drinks Levy (SDIL) and the industry CO2 shortage – to confirm modest earnings growth prospects for FY18. The recent heatwave might otherwise have driven outperformance. But with redirected marketing driving double-digit stills growth, the position was held. Looking forward, as BVIC’s business capability program completes and benefits start to flow, more meaningful earnings growth may narrow the discount to peers.
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- Britvic - Q3 trading statement: Still(s) crazy01 Aug 2018
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