Britvic signs PepsiCo deal to widen Fruit Shoot distribution in the US
Tuesday 26 November 2013
Soft drinks maker Britvic has signed a 15-year bottling deal
with PepsiCo Americas Beverages to expand the distribution of Fruit Shoot drink in 41
states next year, up from its current 32.
It follows a strong year for the Robinsons Squash and Tango-maker, after the hot summer — and the recovery of Fruit Shoot after the cap recall — saw Britvic post an 18.8 per cent rise in operating profit to £135 million in the year to October.
The company left rival AG Barr at the altar this year, walking away from a deal after the two titans of soft drinks had agreed a £1.4 billion all-share merger. At the time, Britvic said it was “confident of driving £30 million of cost savings over the next three years” plus international expansion.
Today it said it was on track to hit that savings target by 2016. Chief executive Simon Litherland added: “While we anticipate that the consumer environment will remain challenging in 2014, trading in the new financial year is slightly ahead of a strong first-quarter performance last year.”
- 1 What happens to your body when you give up sugar?
- 2 Licence fee: What is the BBC charge – and how will the changes affect you?
- 3 This is what the photographer has to say about the picture of a weasel riding a woodpecker
- 4 Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
- 5 Have sex with your iPad thanks to the new sex toy no-one asked for
Bill Clinton portrait features Monica Lewinsky reference, artist admits
Japanese island overrun with cats after population explodes
Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
Pornhub turns masturbation into energy in bid to save the planet
The 'sex selfie stick' lets you FaceTime the inside of a vagina
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Durham Free School: 'Creationism taught at' free school facing closure
Ukip would cut billions from Scottish budget to fund English tax cuts
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
iJobs Money & Business
£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...
£50000 - £60000 per annum + Excellent Salary: Austen Lloyd: An outstanding new...
£20000 - £21000 per annum + uncapped commission: SThree: As a graduate you are...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...