Britvic plc's 2011 annual report,1) Critically evaluate the information contained in the Chairman's Statement

Britvic plc
Masters
Essay
Finance & Accounting
Pages 4 (1004 words)
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Name…………………………………………………………………………….xxxxx Institution………………………………………………………………………….xxxx Course…………………………………………………………………………….xxxx Professor…………………………………………………………………………xxxx @2012 Britvic plc’s 2011 annual report Chairman’s statement The chairman of Britvic Plc gave his statement in the company’s annual financial statement regarding its performance…

Introduction

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 company. 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 statement 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. ...
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