Soft drinks business Britvic (BVIC) serves up full-year results on 22 November, when investors will be thirsty to learn how volumes are holding up at the Fruit Shoot, Robinsons and Tango maker which also produces and sells brands including Pepsi and 7UP in Great Britain and Ireland under exclusive agreements with PepsiCo (PEP:NASDAQ).

Price hikes and volume growth helped Britvic’s revenues to bubble up 9.9% in the third quarter to 30 June 2023 and the beverages firm said demand for its family favourite brands remained ‘buoyant’ ahead of the key summer selling period.

Unfortunately, forecast-beating earnings seem unlikely given the poor weather seen in Britvic’s fourth quarter, while the FTSE 250 firm faces a volume headwind from an increasingly health-conscious consumer, though it has future-proofed prospects by investing in its low-sugar portfolio.

Brand performances in focus will include growth driver Pepsi MAX and energy drink Rockstar, which has disappointed since Britvic took over production from AG Barr (BAG) in late 2020, while investors will also be looking for signs of a sales turnaround in growth market Brazil, where sales dipped in Q3.

The FTSE 250 drinks firm may discuss progress with recent acquisitions including energy brand Extra Power, which has boosted Britvic’s growth prospects in Brazil, as well as Jimmy’s Iced Coffee and Plenish, the plant-based brand  Britvic snapped up in 2021. 

UK UPDATES OVER THE NEXT 7 DAYS

FULL-YEAR RESULTS

20 November: Compass, Diploma

22 November: Grainger, Sage, Britvic

HALF-YEAR RESULTS

17 November: Record

20 November: Polar Capital, Thruvision, Big Yellow

21 November: Cranswick, Trifast, Intercede, Accsys Technologies, AO World, Eckoh, Telecom Plus, Workspace, Caledonia Investments

22 November: HICL Infrastructure, Speedy Hire, Helical, Johnson Matthey, NextEnergy Solar Fund

23 November: FirstGroup, Paypoint, Mitie, First Property, XPS Pensions, NewRiver REIT, Alpha Financial Markets Consulting

TRADING UPDATES

21 November: CRH

22 November: Kingfisher, Rotork, Coats

23 November: Intertek

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