(RTTNews) – British comfortable drinks producer Britvic PLC (BVIC.L), which is in deal to be purchased by Danish brewery group Carlsberg A/S (CABGY.PK), on Wednesday reported that its fiscal 2024 revenue earlier than tax grew to 173.2 million kilos from final yr’s 156.8 million kilos.
Earnings per share grew to 50.2 pence from final yr’s 47.9 pence.
Adjusted primary earnings per share for the yr was 69.5 pence, a rise of 13.9 p.c on the prior yr.
Adjusted EBIT elevated 15.2 p.c to 250.9 million kilos, and adjusted EBIT margin elevated 60 foundation factors to 13.2 p.c.
Income grew 8.6 p.c to 1.90 billion kilos from prior yr’s 1.75 billion kilos, pushed by each value/combine and quantity.
Additional, the corporate famous that, topic to the proposed takeover by the Carlsberg Group being efficiently accomplished, shareholders would obtain a particular dividend cost of 25p per Britvic share, which is predicted to be paid to shareholders inside 14 days of the efficient date.
The total-year dividend can be 34.5 pence, comprising particular dividend and first interim dividend.
In the meantime, the Board has determined to not declare the conventional last dividend as Carlsberg reserves the best to lower the acquisition value for any dividend declared, made, paid or that turns into payable by Britvic on or previous to the efficient date.
Topic to approval from the regulatory authorities, Britvic anticipates that the acquisition by Carlsberg will full within the first quarter of 2025.
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