Britvic has sustained a slight dip in fourth quarter volumes, as the market for carbonates continues to show more fizz than still drinks.
Volumes in the three months to 20 October slipped 0.4%, the company reported today. Its GB carbonates arm led the performance over the period, with sales jumping 8.3%. Domestic still drinks fell by 5.2%, meanwhile.
Chief executive Paul Moody said Britvic planned to “refresh” two of its core still brands, which include Robinsons and J2O. More details will be provided when the company’s full-year results are published 30 November.
Meanwhile, Moody said that a new French tax on soft drinks, which comes into force on 1 January, was proving difficult to interpret.
He said analysing the impact of the tax was “a bit like trying to nail jelly”, suggesting that the levy would affect juice-based drinks sold in France but not its juices or syrups.
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