Britvic said it was confident of posting full year results in line with market expectations despite a 3.4% drop in revenue for the 24 weeks to 19 March compared to the same period last year. Britvic’s portfolio of brands includes Pepsi and Tango. The group said that the trend toward “better for you” had hit sales, with revenue through sugar carbonates, which drives half of its business, falling by 7.3%. In what the company described as a “quieter time of the year for trading”, revenue through its stills brands increased by 1.3% on the same period last year. The group said that margins had been hit by increases in input and energy costs. First half EBIT margins are expected to be down by around one percentage point on last year. Paul Moody, the company’s chief executive, said: “We are concentrating on reducing costs, with a full year target of at least £10m, improving our cash position and reducing working capital. We continue to maintain a strong market share performance in many of our key categories and look forward to a stronger second half.”