Britvic lacking in fizz in France

Pepsi-maker Britvic was undermined by a “disappointing” set of results in France, its chief executive said, as the company fell behind expectations on revenue and pre-tax profit fell.

Operating profit in France dropped 1.7 per cent over the year, while a miserable summer ate into the firm’s sales. Profit before tax fell 24 per cent to £110.3 million.