# Britvic plc delivers strong Q3 trading, with revenue increasing 6.3%

- Link: https://www.directorstalkinterviews.com/britvic-plc-delivers-strong-q3-trading-with-revenue-increasing-6.3/4121164207
- Published: 2024-07-08T07:50:11+01:00
- Author: Amilia Stone

**Britvic plc **(LON:BVIC) has announced its Q3 2024 trading statement.

| **To 30 June 2024** | **YOY Revenue Growth (at constant currency)** | 
|   | ** ****Revenue** | ** ****Group** | ** ****GB** | ** ****Brazil** | **Other International** | 
| Q3 | £502.9m | +6.3% | +6.6% | +48.1% | -6.6% | 
| YTD | £1,383.2m | +9.3% | +8.0% | +38.9% | +2.1% |

**Q3 performance highlights**

 * Strong Q3 performance, despite poor weather in Europe, with +2.2% volume growth
   and positive price/mix, resulted in revenue of +6.3% vs a tough prior year comparable
   of revenue +9.9%.
 * In Great Britain, revenue grew +6.6% vs the prior year, with both the retail 
   and hospitality channels in growth.
 * In Brazil, revenue grew +48.1% vs the prior year, with both growth from the existing
   brand portfolio and continued acceleration in energy following the Extra Power
   acquisition.
 * Other International revenue decreased -6.6% vs the prior year. Growth in Ireland
   was offset by a decline in France and other international markets.

> **Simon Litherland, Britvic** **plc** **Chief Executive Officer commented:**
> “Trading in the quarter has been strong, with revenue increasing +6.3%, benefiting
> from both positive price/mix and volume growth, and demonstrating the strength
> of our portfolio of brands.  Encouragingly this was achieved despite poor weather
> this year and a tough comparable from last year when revenue increased 9.9%.
> Demand for our brands remains strong, as we enter the key summer trading period.
> We have an exciting programme of marketing campaigns, giving us confidence that
> we will deliver an excellent full year performance.”

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