Britvic has announced that Gerald Corbett is to step down as chairman after 12 years in the role, to be replaced by John Daly.

Former chief operating officer for British American Tobacco, Daly, who has been on Britvic’s board since January 2015, will take over from 1 September.

The group also updated on its results for the 28 weeks to 16 April, in which revenue increased 11.5% to £756.3m. Pre-exceptional EBITA increased 6.7% to £73.6m but profit after tax decreased 4.9% to £38.6m, impacted by £5.8m of exceptional and other items.

In the UK, carbonate volumes were up 2.1% while stills increased 1.5%.

Chief executive Simon Litherland said: “Britvic has delivered a strong first half performance driven by organic revenue growth in all our markets and successful management of input cost inflation. We have continued to make progress delivering our strategic priorities and have exciting commercial plans for the second half of the year. I am confident that we will deliver full year performance in line with market expectations.”

The group also announced that Ian McHoul will succeed Daly as senior independent director and that Sue Clark will succeed him as chair of the remuneration committee.

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