Serious questions are being asked of Britvic chief executive Paul Moody after he issued a profits warning just three months after flotation. Mr Moody blamed a "significant" fall in the UK soft drinks market for the fact that this year's earnings would be at the low end of market expectations. Investors sold out in droves, sending the share price plunging well below the 230p listing price. Analysts had been expecting this year's  after-tax profits before exceptionals to be between £40.5m and £45.7m. The Independent on Sunday 05/03/06 (Business) page 10 The Business 05/03/06 page 18