Britvic plcs 2011 annual report,1)Critically evaluate the information contained in the Chairmans Statement - Essay Example

Only on StudentShare

Extract of sample
Britvic plcs 2011 annual report,1)Critically evaluate the information contained in the Chairmans Statement

According to his statement and the financial report, the company has made a record of both revenue and volume growth in 2011 in the international market (Gibson 201). This growth is evident in the French and an international territory which contributes to the company’s overall growth of about 4.3%. This growth brings the company to the current 138.1 million Euros.
The statement indicates that there was a growth of revenue for Britvic in the year 2011 to 14.6%. That means that the current revenue position in the company according to its financial statement is 1.3 billion Euros. The chairman’s stamen indicates the underlying revenue excluding that of the French territory in the previous financial year. It was a notable achievement for the company given the situation of the cost of raw materials. Their cost was high in this particular year, but Britvic recorded high revenue. The chairman also congratulates the company on its progress quoting that there was a weaker consumer environment in comparison to the previous years. The GB revenue of the company in 201 was 2.7 %, which indicates a growth of 11.3 % from the previous two years. There is an association between growth and the strong carbonates performance of the company (Gibson 2010).
The chairman’s report attributes the continued success of the company to its strategy of supply chains, distribution channels and innovation. His statement also indicates of the company’s strategy of business efficiency as being one of the contributors to its success. Britvic also operates in Ireland, though operations in this region have been difficult. In 2011, the company was able to launch new brands in the market like juicy drench and Mountain Dew. The two brands have been a success in the market because consumers are purchasing them. Difficult macro trading conditions in the market led to a decline in revenue by 9.6 % (Gibson, 2010).
The chairman explains how the ...
Download paper

Summary

He made a comparison of the year’s performance with the previous years in the company. In his statement, he said that 2011 was a challenging year to the soft…
Author : zschmeler

Related Essays

TESCO Annual Report 2011
It has particularly realized that for this relationship to materialize it has to continue to be grounded by ethical business practices. In doing so it has established a code of ethics for its staff, which basically set the standards for business behavior within it. In realization of the impossibility of covering every aspect of its activities, TESCO has instead set out principles of business ethics that have to be applied by every team member of TESCO. These sets of principles are in form of laws, policies, local customs and regulations, all of which lays down some of the crucial duties and...
6 pages (1506 words) Coursework
Britvic plc's 2011 annual report,1)Critically evaluate the information contained in the Chairman's Statement
The statement explains the company’s progress in terms of its profits and that it has grown by about 80% for the past six years. According to his statement and the financial report, the company has made a record of both revenue and volume growth in 2011 in the international market (Gibson 201). This growth is evident in the French and an international territory which contributes to the company’s overall growth of about 4.3%. This growth brings the company to the current 138.1 million Euros. This is quite true as the growth in profits and revenue can be used to evaluate the progress of the...
4 pages (1004 words) Essay
"European Monetary Union without a Banking or Fiscal Union cannot succeed." Please critically evaluate this statement with s
Before going into detail as to why and how fiscal and banking union can facilitate success of monetary union, it will be prudent to delve deeper into the aspects that are responsible in creating a state of financial instability in the European Union. It is worth noting that unlike the United States, fiscal measures are not exercised by the EMU and that is where the major crux of the issue lies. Genesis of Crisis EU witnessed a sovereign debt crisis and an unprecedented banking crisis in the recent years. It is important to note that both did not surface in isolation but they were interrelated....
6 pages (1506 words) Essay
Evaluate Sainsbury plcs financial strategy
In spite of these speculations, it has risen to be the leader for the last two decades.
...
8 pages (2008 words) Essay
companys annual report and accounts
The strong cultural values make their identity as well as it is the integral part of their success (J Sainbury Plc, 2013, p.1). David Tyler is the chairman of the company. In real fair price, they are offering the best food for health. Profit making is not only the main of the company. They respect the environment. Their aim is to be the greenest grocer of UK. As well as they are funding for different charitable causes. From being a retail shop it is now diversifying its business by going online, opening own brand bank, they also doing property related business. All of these help them to...
6 pages (1506 words) Assignment
The narrative section of a companys annual report provides users with useful information on the companys performance and prospects.
Thus, a quality narrative report about a company is extremely essential for sound assessments and evaluation; it creates a platform for the organization to be evaluated when on matters that deal with corporate governance and company performance. Corporate governance is always deemed to improve the organization’s long tern outcomes.
...
5 pages (1255 words) Essay
The Registration Statement (form s-1)
From this perspective, the registration statement form successfully takes an enterprise “off the shelf” and into a certain market officially (Miller 506). When the Security Act of 1933 takes a business off the shelf, it normally offers them a base prospectus and supplement for a deeper understanding of public trading.
...
1 pages (251 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!