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Tag "soft drinks"

Metal cans on the rise in packaged water market

    Metal cans on the rise in packaged water market

Metal cans achieved the highest volume growth of any packaging material in the packaged water category, according to Canadean’s latest soft drinks research.
Despite their negligible share, metal cans managed to increase by 17% in the global packaged water market and are slowly beginning to register more significant regional volumes. Metal moved up to third place […]

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AG Barr Announces New Board Member

    AG Barr Announces New Board Member

John Nicolson is to become as independent non-executive director of AG Barr, the UK branded soft drinks group. He replaces Jonathan Warburton, who has stepped down from the board, to cut back on his outside responsibilities in order to focus more on his role at Warburtons, the UK’s largest independent baker.
John Nicolson is currently president […]

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Cost of Britvic Product Recall Increases

    Cost of Britvic Product Recall Increases

Britvic’s recall of all Robinsons Fruit Shoot and Fruit Shoot Hydro packs featuring the new design cap is now expected to adversely impact on group profit before tax by between £15 million and £25 million across the current and next financial year. This includes an anticipated impact in the 2013 financial year of between £5 million […]

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Solid Interim Performance by Britvic

    Solid Interim Performance by Britvic

Britvic, the UK-based soft drinks group, has increased revenue by 1.7% to £641.1 million for the 28 weeks ended 15 April 2012 but EBITA declined 6.9% to £41.9 million and margins slipped 60bps to 6.5% due to the impact of higher raw material costs and continuing problems at its Irish business. Profit before tax sank […]

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UK Soft Drinks Industry Exhibits Solid Growth

    UK Soft Drinks Industry Exhibits Solid Growth

The soft drinks industry grew in value by 5.1% in 2011 to more than £14.5 billion, according to the 2012 UK Soft Drinks Report. Published by the British Soft Drinks Association, with data from Zenith International, the report also reveals that consumption grew by 0.7% to reach more than 14.6 billion litres, or 253.3 litres […]

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UK’s First Soft Drink With Stevia

    UK’s First Soft Drink With Stevia

PepsiCo UK and Britvic plan to launch zero-sugar SoBe V Water in the UK later this month. The SoBe V Water innovation means PepsiCo and Britvic are the first soft drinks companies in the UK to launch a product containing naturally-sourced Stevia extract. The new SoBe V Water will replace the existing range.
Stevia has been […]

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Strong Financial Performance By AG Barr

    Strong Financial Performance By AG Barr

Despite the challenging trading environment, AG Barr has increased revenue and volume ahead of the UK soft drinks market to produce a strong profit performance. Turnover increased by 6.6% to £237.0 million for the year ended January 28th 2012 – a cumulative 27.6% increase in turnover over the last three years – and pre-tax profits, […]

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Another Record Year For Nichols

    Another Record Year For Nichols

Driven by its strong brands and international business, UK soft drinks company Nichols increased sales by 18% to £98.9 million in 2011 and profit before tax by 20% to £18.1 million. Nichols’ UK soft drinks sales outperformed the market, increasing by 15%, more than twice the market growth rate of 7%. Whilst Vimto remains the […]

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AG Barr Planning £40 Million Facility in England

    AG Barr Planning £40 Million Facility in England

Scottish soft drinks manufacturer AG Barr is reported to be planning to extend its presence still further south of the border by building a new £40 million bottling and distribution centre in England. AG Barr currently operates factories at Cumbernauld, Dunbar and Forfar in Scotland along with a production site at Tredegar in South Wales. […]

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Solid Performance by Britvic

    Solid Performance by Britvic

Buoyed by volume and sales growth in Great Britain, France and its other international markets except Ireland, Britvic sold 2.1 billion litres of soft drinks in the 52 weeks ended October 2nd 2011 and increased operating profit (EBITA) before exceptional and other items by 4.3% to £138.1 million on revenue up by 14.6%, at constant […]

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Poor Weather Restricts AG Barr

    Poor Weather Restricts AG Barr

The poor summer weather has impacted upon the financial performance of UK soft drinks manufacturer AG Barr in the first six months ended July 30th 2011. Driven by the company’s core brands of Irn-Bru, Rubicon and Barr, turnover increased by 4% to £124.0m with volume up by 1.4% but profit on ordinary activities before tax, […]

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Another Strong Performance by Nichols

    Another Strong Performance by Nichols

UK soft drinks group Nichols has increased profit before tax by 20.4% to £7.2m and sales by 14.4% to £50.5m for the first half ended June 30th 2011. Volumes in the UK soft drinks business were 11% up on last year, delivering a 13% sales increase to £28.3m, against a UK soft drinks market which […]

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PepsiCo Launches European Search for Emerging Communications and Technology Companies

    PepsiCo Launches European Search for Emerging Communications and Technology Companies

PepsiCo has announced an open call for digital entrepreneurs across Europe to apply to take part in ‘PepsiCo10’, an innovation incubator program designed to discover and support emerging technology companies whose ideas and solutions can be applied to drive business value for the global soft drinks and snacks group.
Launched successfully in the United States last […]

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Another Strong Performance by AG Barr

    Another Strong Performance by AG Barr

UK soft drinks manufacturer AG Barr has increased pre-tax profit, excluding exceptional items, by 13.3% to £31.6m for the twelve months to January 29th 2011 and turnover by 10.4% to £222.4m, achieving double-digit like-for-like sales growth for the second consecutive year. The company again outperformed the UK soft drinks market, which grew by 7%.
AG Barr […]

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Storm Brewing For UK Tea Industry

    Storm Brewing For UK Tea Industry

Latest research from Mintel finds that while 88% of British consumers aged over 65 drink tea, penetration drops to 73% for younger (15-34 year-old) adults. With ever increasing competition in the soft drink sector and more consumers dropping out of the category than are actually entering it, the next generation of traditional tea drinkers may […]

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Another Successful Year For Nichols

    Another Successful Year For Nichols

UK-based soft drinks group Nichols increased profit before tax (pre-exceptional) by 23% to £15.1m on sales up 16% to £83.9m for the year ended December 31st 2010. Nichols’ brand portfolio includes Vimto, which is sold in over 65 countries, and Sunkist and Panda, which are sold in the UK. The company operates in both the […]

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Refresco Acquires Spumador to Strengthen European Leadership

    Refresco Acquires Spumador to Strengthen European Leadership

Netherlands-based Refresco Group is acquiring Spumador, the largest producer of private label carbonated soft drinks and mineral water in Italy from private equity firm Trilantic Capital Partners for an undisclosed sum. Refresco is the market leader in the production of private label soft drinks and fruit juices in Europe.
Spumador is a major producer for the […]

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Irish Business Puts Britvic in the Red

    Irish Business Puts Britvic in the Red

Continued market share gains in Great Britain, a successful innovation programme and further expansion into continental Europe, were behind an 18.1% increase in operating profit (EBIT) before exceptional and other items to £129.6m at Britvic for the 53 weeks ended October 3rd, 2010. The rise was due in part to the Eur237m acquisition of Britvic […]

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PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

    PepsiCo Plans to Revolutionise its Farming with New i-crop Technology

PepsiCo plans to roll-out globally its new i-crop farming technology that will enable the soft drinks and snacks group’s farmers around the world to monitor, manage and reduce their water use and carbon emissions, while also maximizing potential yield and quality. The web-based crop management system was developed by PepsiCo in conjunction with Cambridge University […]

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Positive First Half Performance by AG Barr

    Positive First Half Performance by AG Barr

British soft drinks group AG Barr has increased turnover by 13.9% to £119.2m in the first half ended July 31st last, as its core brands Irn-Bru, Rubicon and Barr all performed significantly ahead of the total soft drinks market. Profit before tax, excluding exceptional items, increased by 18.8% to £16.0m.
The UK soft drinks market grew […]

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Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

    Coca-Cola Enterprises Sees Solid Growth Opportunities in Western Europe

Coca-Cola Enterprises, the world’s largest bottler of Coca-Cola products which will soon be focused purely on some of the largest but also most mature soft drinks markets in Western Europe, is optimistic about the long-term growth prospects for this territory. The group aims to achieve in currency neutral terms: revenue growth of 4% to 6%; […]

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Refresco to Acquire Soft Drinks International

    Refresco to Acquire Soft Drinks International

Netherlands-based Refresco, Europe’s leading manufacturer of private label soft drinks and fruit juices, is to acquire Soft Drinks International, a German producer of soft drinks and water, for an undisclosed price. SDI is a strong, regional producer, primarily active in the German market and the Benelux, with production facilities in Erfstadt (Germany) and Heerlen (The […]

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Nichols Outperforms UK Soft Drinks Market

  Nichols Outperforms UK Soft Drinks Market

Nichols, the soft drinks group, has increased profit before tax by 39% to £6.0m on sales ahead by 17.8% to £44.2m for the six months to 30th June 2010. Whilst the total soft drinks market has grown by 5.1% in value terms, sales in Nichols’ UK soft drinks business grew by 19.3% in the first […]

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Refresco Opens New Canning Line in Spain

  Refresco Opens New Canning Line in Spain

Refresco Iberia has installed a new line for cans at its production plant in Marcilla, in the north of Spain. The canning line is producing carbonated soft drinks and still drinks, ranging from fruit and sports drinks to ice teas in 33cl cans. The installation marks an important extension of Refresco Iberia’s product-portfolio, which until […]

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Cott Extends Private Label Beverages Leadership With $500m Acquisition

Cott Corporation, the world’s largest retailer brand soft drinks company, is acquiring Cliffstar Corporation, the leading private label manufacturer of shelf stable juices, for a cash consideration of $500m.
Founded in 1970, New York-based Cliffstar is one of the leading suppliers of private label beverages and the largest private label producer of apple juice, grape juice, […]

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UK Concern Over the Effects of Soft Drinks Advertising on Children

A YouGov SixthSense report into the UK drinks market has shown that 1 in 4 adults believe fizzy drinks contribute significantly to obesity, and 71% feel that soft drinks are largely responsible for bad teeth, while a significant minority would support a blanket ban on sugary drinks advertising.
For many parents, getting their kids to eat […]

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AG Barr Sparkles as it Breaks £200 Million Sales Barrier

Having broken through the £200 million sales barrier and lifted profits by 20% while significantly outperforming the UK soft drinks market in its 2009 financial year, Glasgow-based AG Barr has now commenced a £10 million expansion programme at its Cumbernauld site in Scotland.
According to AG Barr, the UK soft drinks market, in contrast to the […]

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