Shares in Britvic fell 7p to close on 210p yesterday following the soft drink company's warning that the carbonated drinks market was continuing to decline.
Yesterday, in a trading statement, the group said that it was still yet to see a recovery in the carbonated drinks market, and reported that in the 24 weeks to March 19, revenue for branded products was down 3.4% and carbonates down 7.3%, while stills were up 1.3%.
The shares initially fell as low as 198.25p before recovering.
Analysts are predicting that Brtivic will report a full-year profit of £40.6m at the bottom end of the company's expected £40-46m.
Yesterday, in a trading statement, the group said that it was still yet to see a recovery in the carbonated drinks market, and reported that in the 24 weeks to March 19, revenue for branded products was down 3.4% and carbonates down 7.3%, while stills were up 1.3%.
The shares initially fell as low as 198.25p before recovering.
Analysts are predicting that Brtivic will report a full-year profit of £40.6m at the bottom end of the company's expected £40-46m.
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