Britvic Proposed Acquisition and Interim Results 2010 Interviews
LONDON, May 18, 2010 /PRNewswire-FirstCall/ -- Leading British soft drink business Britvic plc today announced it had reached an agreement intending to lead to the acquisition of French drinks company Groupe Fruite Entreprises SA.
Fruite Entreprises is the leading independent soft-drinks player in France, with strong brands including market-leading syrup brand Teisseire. Britvic Chief Executive Paul Moody said the acquisition was "a perfect strategic fit for Britvic."
Britvic also released its interim results today, which saw group revenue up 4.6% and EBIT margin improvement of 150 basis points in the first half of the year.
The interim results "continue to build on a very strong track record", said Britvic Finance Director John Gibney.
The interviews and transcripts are available now on http://www.cantos.com/company/Britvic.
Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email [email protected] or phone +44-207-936-1352.
SOURCE Britvic
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