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Dow Jones Newswires: Britvic confident of matching market views after first-quarter revenue rise

Britvic PLC said Friday that revenue for the first quarter of fiscal 2020 increased and that it expects to meet guidance for the whole year. Read More...

Britvic PLC said Friday that revenue for the first quarter of fiscal 2020 increased and that it expects to meet guidance for the whole year.

The soft-drinks company BVIC, -1.57%  , which houses the Fruit Shoot, Robinsons, J2O and Tango brands among its portfolio, said that revenue for the quarter ended Dec. 31 rose 4.9% to 369.8 million pounds ($482.6 million).

It added that the quarterly results benefited from the inclusion of additional trading days in the period, following the company’s recent move to monthly accounting. On a comparable days and constant currency basis, revenue was still up 2.6%.

“While we anticipate conditions will remain challenging, we are confident of achieving market expectations for the year,” Chief Executive Simon Litherland said.

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