Britvic Plc, H1 2013 Earnings Call, May 22, 2013

Britvic Plc board is proposed an interim dividend per share of 5.4 pence ahead of last year by 1.9%.

Britvic Plc reported unaudited consolidated earnings results for the six months ended April 14, 2013. For the period, the company’s revenue was £639.2 million against £641.1 million a year ago. Operating profit was £47.2 million against £40.8 million a year ago. Profit before tax was £32.8 million against £24.1 million a year ago. Profit for the period attributable to the equity shareholders was £24.7 million or 10.1 pence diluted per share against £18.7 million or 7.3 pence diluted per share a year ago. Adjusted diluted earnings were 12.2 pence against 8.1 pence per share a year ago. Net cash flows from operating activities were £2.3 million against net cash flows used in operating activities of £9.8 million a year ago. Purchase of property, plant and equipment was £15.1 million against £19.1 million a year ago. Purchase of intangible assets was £2.0 million against £3.0 million a year ago. Group EBITA was £53.6 million against £41.9 million a year ago. Group adjusted net debt was £503.7 million against £534.4 million a year ago.