Britvic annual profit dives 31% on France weakness
Share:
(Reuters) - Britvic Plc on Wednesday posted a 31% drop in its annual profit after tax, as the British soft drink company grappled with a new law in France and wrote down the value of some assets in the country.The company, whose brands include Tango, J2O, Fruit Shoot and Teisseire, said its profit after tax dropped to 80.9 million pounds ($103.79 million) for the year ended Sept. 30 from 117.1 million pounds last year, as the company booked a revaluation charge in France.In November, Britvic..