Britvic has blamed the number of consumers staying home to save money for hitting its pubs trade. The gloomy forecast overshadowed a bullish update from the company which showed revenue up 29.9% over the 40 weeks to 6 July at £690m. Revenue was buoyed by the Eu249.2m (£196m) acquisition of C&C’s soft drinks division and Britvic outperformed its peers in the British take-home still drinks sector with sales growth of 7.8% Chief executive Paul Moody said the company’s “strong and resilient brand portfolio” had performed well despite challenging trading conditions. He remained confident that earnings for the year would be in line with market expectations. Nevertheless, shares in Britvic fell 7% or 18.25p to 237.25p, with investors nervous about the cost pressures the company will face and a deepening economic climate. The Daily Telegraph 26/07/08 page 33 (BusinessNews) The Times 26/07/08 page 55 (Business) The Guardian 26/07/08 page 40 (Financial) The Independent 26/07/08 page 51 (Business) The Daily Mail 26/07/08 page 102 (City&Finance) Financial Times 26/07/08 pages 15 (Companies UK)