Examples of Britvic Group in a sentence
As at 30 June 2005, the net operating assets of the Britvic Group (as reflected in the Group unaudited consolidated interim accounts) were£248m.The following financial information has been extracted without material adjustment from the consolidation schedules underlying the unaudited consolidated interim accounts of the Group for the 6 month period ended 30 June 2005.
The operating profits attributable to the Britvic Group (as reflected in the Group unaudited consolidated interim accounts) for the 6 month period ended 30 June 2005 were £39m (£37m in respect of the 6 month period ended 30 June 2004).
Volumes and profits for the Britvic Group were again ahead of the same period in the financial year 2002, a year in which the business saw record results.
In line with its strategy of focusing on growth through a core managed and franchised hotel business and releasing capital employed, the Company announced on 10 March 2004 that it had reached an agreement in principle with the other Britvic Shareholders to consider the disposal of their respective interests in the Britvic Group.
This includes the Robinsons and Red Devil brands and also the Amé, Purdey’s and Aqua Libra brands, which were owned by Orchid Drinks Limited, a business acquired by the Britvic Group in July 2000.
On 14 November 2005, it was announced that the Company, Pernod and Whitbread (the ‘‘Selling Shareholders’’) intended to dispose of part or all of their shares in the Britvic Group on a pro rata basis by way of an offering to institutional investors in the UK and elsewhere (the ‘‘Global Offer’’).The Group has an economic interest in the Britvic Group of approximately 47.5%.
The InterContinental Group comprises: the Hotels Business, a leading global hotel business; a controlling interest in the Britvic Group, the second largest soft drinks manufacturer in the UK; and certain other ancillary activities (defined in this document as the Other Activities).The Hotel Group owns a portfolio of well-recognised and respected brands, including InterContinental, Crowne Plaza, Staybridge Suites, Holiday Inn and Express.
As a result of the Disposal, options to acquire Shares in the Company which have been granted to employees of the Britvic Group under the Executive Share Option Plan and the Sharesave Plan will become exercisable at the time of Admission.
In addition, the Britvic Group has introduced a series of new packaging types, such as a children’s 250 ml pack for the Tango brand together with successful flavour extensions such as Tango Cherry and limited edition seasonal Robinsons flavours.
The Britvic Group owns an impressive portfolio of soft drinks brands that includes Robinsons, Tango, Britvic (juice and mixers), R Whites, Amé, J2O, Purdey’s and Aqua Libra and has exclusive rights in perpetuity to Red Devil (in the UK and the Republic of Ireland).