Britvic shares ‘best avoided’ for time being
date:Jul 21, 2012
s down 7.6% to ₤300.1m (versus Q3 2011), and group volumes down 6.6%, while capital expenditure for 2012 had been cut from ₤72m (92m)to ₤50m (64m)and key investment programmes deferred until 2014 at the earliest.

Strong US progress

Pepsi's take-home market share grew in volume and value terms over Q3, but Britvic's GB carbonates revenues fell 3%; stills volumes plummeted 13.3% due to the recall, poor weather and an adverse channel mix.

Quarterly revenues in Ireland fell 11.1% as volumes dr
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