10% Q1 revenue drop at Britvic Ireland
Britvic Group revenues were up 2.5 per cent to €113.53 million (£95.2m).
Volumes were down 0.2 per cent to 54.4 million litres while revenue fell 10 per cent to €45 million (£37.8m) at Britvic Ireland in its first financial Quarter to 17th January 2012 according to a Management Statement published recently.
Print1 February 2012
However Britvic Ireland held its share in terms of value in the take-home market.
“Half of the 10 per cent revenue decline is attributable to the third-party brands, largely alcohol, which we distribute via the licensed wholesale business where the on- to off-trade shift was especially marked,” reports the company.
Related Articles
Lidl’s ‘Vino Sensoria’ sensation →
Maynooth University to host ‘New approaches in sustainable agriculture’ workshop today →
Heineken delivers a ‘solid third quarter of balanced growth’ →
Fans 0
Followers