Britvic Maintains dividend in spite of fruit shoot recall.
Group Financial headlines:
· Revenue down 0.8% to £1,256.4m. The Fruit Shoot recall constrained revenue growth by approximately 2%
· EBITA of £115.6m including costs associated with the Fruit Shoot recall of £16.9m with the balance of up to £8m to come in 2013
· Rigorous cost discipline and a focus on cash generation contributed to a reduction in net debt
· Full year dividend maintained at prior year level of 17.7p per share
Group Business Highlights:
· GB Business takes market share led by carbonates and Pepsi
· Fruit Shoot re-entry plan on-track
· Robinsons take-home value market share back to its highs of 2 years ago
· Agreement signed with the Pepsi-Cola Bottling Company of Central Virginia for the distribution of Fruit Shoot in Virginia
· France syrup brands take further market share
