Soft drinks firm Britvic, which owns Ballygowan and MiWadi, has reported higher revenues and after tax profits for the six months to the end of March and said that consumer demand for its brands remain strong.
Britvic said its half year revenues rose by 7.9% to £794m while its profits after tax increased by 21.2% to £54.4m.
The company also reported adjusted earnings per share of 22.8 pence, an increase of 17.5% on the same time last year.
In today's results statement, Britvic said it was successfully managing the challenging inflationary environment, while it continued investment in its growth capacity, with new lines operational in its UK and Brazil operations.
Simon Litherland, Britvic's chief executive, said the company delivered an excellent start to the year, making great progress on its People, Planet and Performance measures.
"Our continued focus on lower calorie, healthier drinks has resulted in some standout performances, including Pepsi MAX and Tango in Great Britain as well as Ballygowan 'Hint of Fruit' in Ireland," the CEO said.
"We have successfully mitigated the impact of the challenging inflationary environment, while continuing to offer consumers great quality and value at affordable prices," he said.
"Looking ahead, we will be activating a series of exciting marketing and innovation campaigns this summer. We have a fantastic portfolio, a well-invested business, and a very talented team, so I am confident that we will continue to make further strong progress this year and beyond, creating value for all our stakeholders," Mr Litherland added.
