Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Britvic Plc    BVIC   GB00B0N8QD54

BRITVIC PLC (BVIC)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

Britvic : New research reveals demand for soft drinks is set to soar this Christmas as alcohol consumption declines

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 05:49pm CEST

10 Nov 2017

Brand new research from Britvic today reveals that almost half of consumers (45%) are set to buy more soft drinks at Christmas as figures show that over a fifth (21%) plan to drink less alcohol. With 37% also planning to spend more on soft drinks at Christmas than previous years, increasing to over half (56%) of consumers aged 16-24, seasonal soft drinks sales are set to soar this Christmas and Britvic is advising leisure operators to be prepared.

The research, conducted by Censuswide UK, also indicates that of those consumers planning to reduce their alcohol consumption this Christmas, 39% now drink less alcohol all year round, increasing to 41% in those aged 25-34 and to 46% in those aged 55+. While there is clearly a seasonal sales opportunity that operators need to be prepared for, with figures showing a big decline in alcohol consumption all year round, it's also important to stock a dynamic range of soft drinks throughout the year to cater for this growing consumer interest in soft drinks.

Interestingly, figures revealed that for over half (54%) of those that will be drinking alcohol this Christmas, the tipple of choice will be spirits. With over three in five (63%) of spirits drinkers using mixers, ensuring the bar is fully stocked with an enticing and great tasting selection ideal for mixing, like Britvic's range of Mixers and Juices, will be key to capitalising on this seasonal sales opportunity. As interest in premium spirits continues to rise, offering the right mixer to perfectly complement and balance the flavour is now just as important as the spirit. Having recently been awarded a prestigious International Taste & Quality Institute Three-Star Superior Taste Award, Britvic's Indian Tonic Water is the perfect product to allow operators to do just that.

The results also showed that almost a quarter (21%) of consumers don't think there are enough premium soft drinks to choose from. This increases to 27% amongst those aged 25-34 and highlights a major gap in the market that operators can fill by stocking premium ranges such as J2O Spritz to make their sales sparkle this Christmas.

Russell Goldman, Commercial Director, Licensed and Foodservice at Britvic, commented: 'It's clear from our research that there's going to be a real shift towards moderate drinking this Christmas and as a result, there is likely to be a high demand for soft drinks throughout the season. Offering a range of inspiring serves and using products like Teisseire to create sensational experiences for customers, both with and without alcohol, will enable leisure operators to cater for this peak in demand over the festive period.'

For advice and inspiration on special serves and cocktail recipes that will help attract consumers to your seasonal soft drinks range this season, go to www.pourmoreflavour.co.uk.

ENDS

The research was conducted by Censuswide UK on behalf of Britvic and undertaken between 20th October 2017 to 23rd October 2017. Sample: 2,000 UK adults.

Notes to editors:
For further press information, please contact the Britvic team at Publicasity
Email: britvic@publicasity.co.uk
Tel: 020 3757 6800
All reader enquiries should be directed to: Customer Services, Britvic Soft Drinks on 0845 7581781

Notes to editors:
About Britvic: Britvic is the largest supplier of branded still soft drinks in Great Britain ('GB') and the number two supplier of branded carbonated soft drinks in GB. The company combines its own leading brand portfolio including Robinsons, J2O, Drench, Purdey's, Fruit Shoot and R White's with PepsiCo brands such as Pepsi Max, Tango, 7UP and Lipton Ice Tea, which Britvic produces and sells in Great Britain and Ireland under exclusive PepsiCo agreements. Operating in both the 'Take Home' and 'On-Premise' channels, Britvic offers its customers a portfolio of soft drinks to meet every consumer occasion and has a strong track record of delivering successful innovation.

When compared to the rest of the year

Britvic plc published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 16:48:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BRITVIC PLC
09/25BRITVIC : drives growth with PMP mix and match offer
PU
09/20BRITVIC : and Pepsi Max® bring new twist to glassware
PU
09/12OPINION : To achieve true brand purpose, we must go back to our roots
PU
09/12BRITVIC : celebrates innovation and growth on 80th birthday
PU
08/29BRITVIC : welcomes local MP to redeveloped Rugby site following multi-million po..
PU
08/24BRITVIC : Robinsons Cordials join James Martin’s Saturday Morning in spons..
PU
08/08BRITVIC : invests in UK recycling infrastructure
PU
07/25BRITVIC : CO2 shortage hampers Britvic
AQ
07/25BRITVIC : Summer sales lose fizz thanks to CO2 shortage, says drinks maker Britv..
AQ
07/24BRITVIC : CO2 shortage takes fizz out of Britvic's summer sales
RE
More news
News from SeekingAlpha
05/25Britvic plc (BTVCF) CEO Simon Litherland on Q2 2018 Results - Earnings Call T.. 
05/23Britvic Plc 2018 Q2 - Results - Earnings Call Slides 
05/23Britvic plc reports 1H results 
02/20THE IMITATION GAME : Part 2 
2017Britvic plc ADR 2017 Q4 - Results - Earnings Call Slides 
Financials (GBP)
Sales 2018 1 498 M
EBIT 2018 195 M
Net income 2018 105 M
Debt 2018 603 M
Yield 2018 3,46%
P/E ratio 2018 17,52
P/E ratio 2019 14,90
EV / Sales 2018 1,80x
EV / Sales 2019 1,70x
Capitalization 2 090 M
Chart BRITVIC PLC
Duration : Period :
Britvic Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BRITVIC PLC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 8,60  GBP
Spread / Average Target 8,8%
EPS Revisions
Managers
NameTitle
Peter Simon Litherland Chief Executive Officer & Non-Executive Director
John Patrick Daly Non-Executive Chairman
Mathew James Dunn Chief Financial Officer & Director
Ian Philip McHoul Senior Independent Non-Executive Director
Euan Angus Sutherland Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
BRITVIC PLC-2.52%2 739
COCA-COLA COMPANY (THE)0.41%195 932
KEURIG DR PEPPER INC50.64%32 691
SUNTORY BEVERAGE & FOOD LTD-5.18%12 778
COCA-COLA HBC6.03%12 352
ARCA CONTINENTAL SAB DE CV-11.34%11 210