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Profits fizzing for Britvic
BRITVIC, the British soft drinks maker, has seen operating profits rise by 20 per cent over the last year, helped by strong sales of brands such as Robinsons Squash and Tango.
Operating profits were up to 926.5 million, from 716m in 2007, while pre-tax profits were up 14 per cent to 70.1m, from 61.3m.
In the UK, the company said the success had been helped by core brands, in particular Robinsons and Fruit Shoot, and new product launches, notably Gatorade, Drench and Pepsi Raw.
Chief executive Paul Moody said: "This is a strong performance achieved despite very challenging trading and cost environments. Once again, we have outperformed the soft drinks market across all key categories."
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