Britvic enjoy ‘outstanding’ year as profits rise [Video]

Drinks company Britvic has described their financial results as “outstanding” after reporting a profit after tax of £125.8m for the 12 months to the end of September.

The profit level was a modest 1.8% increase on last year.

However, the group’s revenues rose 9.5% to almost £1.9bn, while its adjusted earnings per share jumped by 13.9% to 69.5 pence.

The company said its performance was helped by strong demand for its portfolio of soft drinks that aided both domestic growth and double digit growth in Brazil.

The company said in Brazil both their established and acquired brands were “in high double-digit revenue growth” of 35.3%.

In Ireland, Britvic owns brands including Ballygowan, MiWadi, Club, Cidona and TK.

Britvic Ireland is one of the oldest soft drinks companies in the world and is the only large-scale soft drinks manufacturer in the Republic employing 360 people across the island.  

Brands such as Robinsons, Fruit Shoot and London Essence Company as well as PepsiCo brands …