Soft drinks company Britvic has warned that the carbonated drinks market is continuing to decline.

In a trading statement the group said that it was still yet to see a recovery in the carbonated drinks market, although there was signs that the rate of sales decline in the full sugar carbonates market was stabilising.

Earlier this year Britvic warned that the carbonates market was declining, causing its share price to drop.

Britvic added 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%.

It said that the decreases had been heavily influenced by a late Easter and unseasonably cold weather, while margins had been affected by higher input and energy costs.

Despite this, Paul Moody, chief executive officer of Britvic, added that if the soft drinks market showed recovery over the balance of the year when the majority of its sales were made, its results would be in line with expectation.

Moody added: “We continue to maintain a strong market share performance in many of our key categories and look forward to a stronger second half.”