Britvic produces soft drinks and mixers, including J2O and Tango, and holds the licence to Pepsi drinks in the UK.
Q1 Statement for Britvic - Significantly down for Q1 in out of home categories, to be expected. Sit and hold?
I’m investing in this company now, think they are a good bet for rising share price over next 12 months or so.
Me to,I think as the world opens up again the hospitality sector should see some good gains.
I’ve just taken the plunge with this today. I think it has potential especially now pubs and restaurants are beginning to open up.
I spoke to a BDM for Britvic who looks after the hospitality sector. They’re over 90% down on pre Covid volumes but are expecting to fly back. It also sounds like they’re cutting costs so it could be a leaner more profitable company on the otherside
Well, the way people were acting yesterday at the reopening of the pubs,it was like prohibition had ended. If things get back to some kind of normality, and the company have taken a good look at their business model going forward, I think this should be a solid, reliable bet. Cheers!
I’m hoping for a long hot covid free summer, with the euro,s and the Olympics on the way aswell as people holidaying in this country, I’m as confident as I can hope to be on this stock .Fingers crossed for the summer.
Some good news with Britvic reinstating its dividend on Tuesday and they have reported revenue ahead of forecasts. Plus we now have restrictions on UK restaurants and bars relaxed.