Chair's statement
Throughout this period Britvic has continued to make strong progress on its strategic priorities, has invested in the business and has delivered an excellent financial performance.
CEO's statement
We have delivered an excellent financial performance this year, with strong consumer demand for our portfolio of brands.
CFO's statement
The Company has delivered a strong financial performance this year across our key metrics. Volume increased 3.1% and positive price strong price/mix growth delivered Average Realised Price (ARP) growth of 6.2%.
Britvic in numbers
Revenue
£1,899.0m
Why do we measure this?
Revenue growth measures our ability to increase price and/or increase volumes sold.
Adjusted EBIT
£250.9m
Why do we measure this?
Adjusted Adjusted EBIT measures our underlying profitability excluding any one-off costs.
Free cash flow
£85.5m
Why do we measure this?
Free cash flow measures the cash we generate to fund payments to our shareholders and acquisitions.
Profit after tax
£125.8m
Why do we measure this?
Profit after tax is a statutory measure of financial performance which considers adjusted EBIT, interest, taxation and adjusting items.
Adjusted earnings per share
69.5p
Why do we measure this?
Adjusted earnings per share measures the profit per share of the company and is used by investors to compare our performance against our peers.
Dividend per share*
9.5p
Why do we measure this?
The dividend per share measure enables shareholders to calculate the amount of profit that we return to them in cash.
People
Healthier consumer choices
20.8
(average calories per 250ml serve)
Why do we measure this?
Providing healthier consumer choices is at the heart of our strategy. Measuring calories per serve is a lead indicator of success in this area.
Planet
Recycled plastic (rPET) content (exit rate)
29% 28%
Great Britain Ireland
Why do we measure this?
Measuring rPET enables us to track our progress on our journey to a circular economy to ensure packaging never becomes waste.
Water intensity ratio
1.94
m3/tonne production
Why do we measure this?
Measuring water intensity enables us to track the improvement in water efficiency in our operations.
Manufacturing energy from renewable sources
60%
Why do we measure this?
Measuring energy from renewable sources enables us to track progress towards creating a zero carbon economy.
Interim dividend of 9.5p per share paid. A final dividend for 2024 has not been proposed in light of the proposed acquisition of the Group by Carlsberg, under which shareholders will receive a special dividend of 25p per share. The special dividend combined with the interim dividend represents a total value of 34.5p per share.
Our approach to sustainability
Doing good while doing well has been at the heart
of Britvic’s ethos since the creation of The British
Vitamin Product Company back in the 19th century.
This continues to this day. We want to make a positive
contribution to the people and the world around us.
20.8
calories per serve
Average calories per 250ml serve
919
days
spent volunteering by employees More than double our 2025 target
1.94
(m3/tonne production)
Manufacturing water intensity ratio
Inclusion pay gap report
At Britvic we know that equity, diversity and inclusion are critical components that drive our sustained high performance and overall business growth. While we are pleased to report the steady year on year progress we are making on our gender and ethnicity representation, we remain humble about the remaining pay gaps and recognise the need for sustained effort to continue on our upward trajectory.
This is an interactive version of Britvic plc's 2024 Annual Report. The content on this page should be read in conjunction with and with reference to the printed version, which is available to download from this website.