BVIC

[Horsey]

Not mentioned around these parts all that often, but good results out this morning from Britvic (BVIC).

Group Financial Headlines:

· Revenue increased 7.7% to £1,540.8m with organic revenue** up 2.5%
· Adjusted EBITA* increased 5.1% to £195.5m, with organic adjusted EBITA* up 5.6%
· Organic adjusted EBITA margin* increased 30bps
· Profit after tax decreased 2.5% to £111.6m, including £24.7m of planned costs related to the business capability programme
· Adjusted free cash flow* of £54.5m, an increase of £43.6m
· Adjusted earnings per share* increased 7.3% to 52.9p, resulting in a full year dividend increase of 8.2%

https://investegate.co.uk/britvic-plc-- ... 00047840X/

[Jon277]

Looking better after doing a big divi cut three years ago

[Wizard]

Shares up enough to push yield below HYP new addition levels. Shame, I fancied them a while back.

Terry.