New Star fund manager Tim Steer says Britvic will have to concentrate on adult still drinks, water, dairy drinks and smoothies if it wishes to accelerate growth. He is not keen on the forthcoming flotation, but says that Britvic should develop its innovative J20 and Fruit Shoot brands. Andy Brough, of Schroders, believes the shares will be worth buying at 200p or below. Whitbread, InterContinental Hotels and Pernod are selling their stakes in Britivic. Only Pepsi, with 5% is expected to keep a post-float holding. The Sunday Times 4/12/05 (Business) page 3.11

Topics