Britvic (BVIC.L) stock price, revenue, and financials

Britvic market cap is £2.4 b, and annual revenue was £1.41 b in FY 2020

£2.4 B

BVIC.L Mkt cap, 07-May-2021

£1.4 B

Britvic Revenue FY, 2020
Britvic Revenue growth (FY, 2019 - FY, 2020), %(9%)
Britvic Gross profit (FY, 2020)560.8 M
Britvic Gross profit margin (FY, 2020), %39.7%
Britvic Net income (FY, 2020)94.6 M
Britvic EBIT (FY, 2020)130.3 M
Britvic Cash, 30-Sept-2020109.2 M
Britvic EV3.1 B

Britvic Revenue

Britvic revenue was £1.41 b in FY, 2020 which is a 8.6% year over year decrease from the previous period.

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Britvic Revenue Breakdown

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Britvic revenue breakdown by business segment: 45.6% from GB, 5.8% from Brazil, 11.8% from France, 7.6% from Ireland, 5.8% from Brazil, 11.8% from France, 7.6% from Ireland and 4.1% from Other

Britvic revenue breakdown by geographic segment: 8.3% from France, 32.9% from United Kingdom, 8.3% from France, 32.9% from United Kingdom and 17.6% from Other

Britvic Income Statement

Annual

GBPFY, 2018FY, 2019FY, 2020

Revenue

1.5b1.5b1.4b

Revenue growth, %

(2%)3%(9%)

Cost of goods sold

702.0m734.0m851.6m

Gross profit

801.6m811.0m560.8m

Gross profit Margin, %

53%52%40%

Sales and marketing expense

400.8m393.7m229.0m

General and administrative expense

246.2m256.1m201.1m

Operating expense total

647.0m649.8m430.1m

EBIT

166.1m130.0m130.3m

EBIT margin, %

11%8%9%

Pre tax profit

145.8m110.3m111.2m

Income tax expense

28.7m29.4m16.6m

Net Income

117.1m80.9m94.6m

EPS

0.40.30.4

Half Year

GBPH1, 2019H1, 2020

Revenue

769.2m698.8m

Cost of goods sold

373.2m341.4m

Gross profit

396.0m357.4m

Gross profit Margin, %

51%51%

Sales and marketing expense

207.0m194.7m

General and administrative expense

132.8m99.9m

Operating expense total

339.8m294.6m

EBIT

56.2m62.8m

EBIT margin, %

7%9%

Pre tax profit

45.2m53.6m

Income tax expense

10.3m14.7m

Net Income

34.9m38.9m

EPS

0.10.1

Britvic Balance Sheet

Annual

GBPFY, 2018FY, 2019FY, 2020

Cash

109.5m49.0m109.2m

Accounts Receivable

313.4m31.8m295.0m

Prepaid Expenses

24.9m28.7m24.2m

Inventories

144.5m141.0m118.5m

Current Assets

651.0m621.4m618.7m

PP&E

519.8m494.0m462.7m

Goodwill

203.3m199.6m194.6m

Total Assets

1.8b1.7b1.7b

Accounts Payable

267.3m265.1m214.3m

Short-term debt

171.4m166.3m88.3m

Current Liabilities

698.8m717.7m582.9m

Long-term debt

597.7m517.2m656.2m

Non-Current Liabilities

684.3m607.5m748.3m

Total Debt

769.1m683.5m744.5m

Total Liabilities

1.4b1.3b1.3b

Common Stock

52.9m53.1m53.4m

Additional Paid-in Capital

139.1m145.5m154.1m

Retained Earnings

97.8m124.3m111.9m

Total Equity

377.3m412.0m375.5m

Debt to Equity Ratio

2 x1.7 x2 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x

Financial Leverage

4.7 x4.2 x4.5 x

Half Year

GBPH1, 2019H1, 2020

Cash

6.4m47.6m

Accounts Receivable

366.4m329.6m

Inventories

156.9m132.3m

Current Assets

560.3m578.2m

PP&E

524.1m499.1m

Total Assets

1.6b1.8b

Accounts Payable

414.8m319.4m

Short-term debt

206.3m330.3m

Current Liabilities

712.1m776.5m

Long-term debt

504.9m511.8m

Non-Current Liabilities

580.6m617.3m

Total Debt

711.2m842.1m

Total Liabilities

1.3b1.4b

Common Stock

53.1m53.4m

Additional Paid-in Capital

144.1m153.1m

Retained Earnings

59.0m154.6m

Total Equity

344.4m432.8m

Debt to Equity Ratio

2.1 x1.9 x

Debt to Assets Ratio

0.4 x0.5 x

Financial Leverage

4.8 x4.2 x

Britvic Cash Flow

Annual

GBPFY, 2018FY, 2019FY, 2020

Net Income

117.1m80.9m94.6m

Depreciation and Amortization

69.9m70.2m69.9m

Accounts Receivable

(44.9m)(20.7m)22.4m

Inventories

(3.3m)(7.8m)11.9m

Accounts Payable

66.4m4.5m(45.3m)

Cash From Operating Activities

206.8m185.1m168.8m

Purchases of PP&E

(136.3m)(67.4m)(43.7m)

Cash From Investing Activities

(181.1m)(73.6m)(38.3m)

Short-term Borrowings

35.3m8.7m(64.9m)

Long-term Borrowings

(56.7m)(78.2m)(80.8m)

Dividends Paid

71.7m(75.6m)(57.6m)

Cash From Financing Activities

2.7m(172.3m)(68.8m)

Net Change in Cash

28.4m(60.8m)61.7m

Interest Paid

22.0m21.0m16.5m

Income Taxes Paid

30.8m23.7m21.7m

Half Year

GBPH1, 2019H1, 2020

Net Income

34.9m38.9m

Depreciation and Amortization

45.4m35.2m

Accounts Receivable

(2.6m)14.7m

Inventories

(13.3m)100.0k

Accounts Payable

(46.9m)(105.8m)

Cash From Operating Activities

15.5m(8.1m)

Purchases of PP&E

(31.5m)(23.5m)

Cash From Investing Activities

(32.6m)(22.5m)

Short-term Borrowings

55.3m17.3m

Long-term Borrowings

(77.5m)(74.6m)

Dividends Paid

(53.6m)(57.6m)

Cash From Financing Activities

(86.2m)30.5m

Net Change in Cash

(103.3m)(100.0k)

Interest Paid

10.6m11.1m

Income Taxes Paid

9.8m12.1m

Britvic Ratios

GBPFY, 2018

EV/EBIT

16 x

EV/CFO

12.8 x

Revenue/Employee

315.4k

Debt/Equity

2 x

Debt/Assets

0.4 x

Financial Leverage

4.7 x

P/E Ratio

17.2

Britvic Operating Metrics

Britvic's Volume of Drinks Sold, million litres was reported to be 2.3 k in FY, 2020.
FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Volume of Drinks Sold, million litres

2.4 k1.19 k2.38 k1.15 k2.34 k

Average Realised Price per litre

£0.6

Volume of Drinks Sold (GB), million litres

1.62 k

Average Realised Price per litre (GB)

£0.55

Volume of Drinks Sold (GB Carbonates), million litres

1.29 k646.71.3 k636.8

Average Realised Price per litre (GB Carbonates)

£0.45£0.51£0.51£0.49

Volume of Drinks Sold (GB Stills), million litres

370.1174355.1158

Average Realised Price per litre (GB Stills)

£0.76£0.78£0.79£0.79

Volume of Drinks Sold (France), million litres

263125.1240.2102

Average Realised Price per litre (France)

£1.02£1£1.02£0.98

Volume of Drinks Sold (Ireland), million litres

221.3110.2211.9107.1

Average Realised Price per litre (Ireland)

£0.56£0.6£0.61£0.57

Volume of Drinks Sold (International), million litres

43.822.549.818.4469.8

Average Realised Price per litre (International)

£1.12£1.07£1.09£1.06£0.88

Volume of Drinks Sold (Brazil), million litres

210.6116.2222.2128.6251

Average Realised Price per litre (Brazil)

£0.57£0.57£0.56£0.51£0.45

Britvic Human Capital

Job Roles

FY, 2020FY, 2019FY, 2018
Male (Executive Leadership), percent26.7%27.7%30.7%
Male (Senior Management), percent20%20.7%22.3%
Female (Senior Management), percent13.3%12.7%11%
Male (Board), percent18.7%20.7%25%
Female (Board), percent14.7%12.7%8.3%
Female (Executive Leadership), percent6.7%5.7%
Other2.7%
FY, 2020FY, 2019FY, 2018
Male, percent14.2%14.2%14.4%
Female, percent5.8%5.8%5.6%
Male (Lower Pay Quarter), percent14.1%14.5%14.6%
Female (Lower Pay Quarter), percent5.9%5.5%5.4%
Male (Lower Middle Pay Quarter), percent15.1%16.4%16.7%
Male (Upper Middle Pay Quarter), percent12.4%14.5%14.2%
Female (Upper Middle Pay Quarter), percent7.6%5.5%5.8%
Male (Upper Pay Quarter), percent14.4%13.2%13.3%
Female (Upper Pay Quarter), percent5.6%6.8%6.7%
Other4.9%3.6%3.3%

Britvic Employee Rating

3.5227 votes
Culture & Values
3.1
Work/Life Balance
3.1
Senior Management
2.8
Salary & Benefits
3.3
Career Opportunities
2.9
Source