Q3 revenues down at Britvic Ireland
Overall revenue was down 5.5% at Britvic Ireland to €34.3 million (£29.2m) in Q3 (15th April to 7th July) of the company’s financial year due to the continued decline of third-party brands in the licensed wholesale business here.
Print20 August 2013
However Britvic’s own brand revenue was up, driven by strong ARP growth of 3.0% which more than offset a volume decline of 2.5% to 42.3 million litres, outperforming a difficult Irish soft drinks market according to the company.
As measured by Nielsen, the take-home soft drinks market was down by 4.5% in volume and down 3.3% in value in the three months to June 16th.
Britvic will publish its 52-week trading update on 17th October 2013.
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