Examples of Britvic Group in a sentence
This could have a negative effect on the value of the Group’s investment in the Britvic Group.
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).
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.
Following the separation in April 2003 from the Mitchells & Butlers Groupand in line with the strategy pursued for its core hotels business outlined above, the Company is seeking to dispose of its investment in the Britvic Group and the Directors believe now is an appropriate time to do so.
The Group has an economic interest in the Britvic Group of approximately 47.5% with Pernod and Whitbread holding approximately 23.75% each.
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%.
It has manufacturing plants at seven locations, a distribution network throughout Great Britain and employs approximately 3,000 people.— Business Transformation: The Britvic Group has implemented a phased replacement of all its major IT systems together with a re-engineering of many of its key business processes in the last 12 months.
In addition, employees of the Britvic Group will be eligible to participate in the A.G. Barr All-Employee Share Ownership Plan and any future launches under the A.G. Barr savings-related share option scheme on similar terms as A.G. Barr employees.
There has been no significant change in the financial or trading position of the Britvic Group since 2 October 2005, the date to which the last audited financial statements of the Britvic Group were prepared.
The Britvic Directors wish to recognise the outstanding achievements Paul Moody has delivered as Chief Executive Officer of the Britvic Group.