Britvic says profits on track after ‘robust’ Q1

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Soft drinks group Britvic today said it remained on course to deliver full-year profits in line with its forecasts following a “robust” first-quarter performance.

The maker of drinks such as Fruit Shoot, Robinsons and Tango said revenues grew 1.3 per cent on a constant exchange rate basis to £311.8 million in the 12 weeks to 22 December, despite a “challenging consumer environment” in all its markets.

Britvic, which last year abandoned a planned merger with Irn-Bru owner AG Barr, said it remains on track to deliver underlying profits of between £148m and £156m for the full year.