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Britvic sees profits slide

Wednesday 28 November 2012 6:00

The parent company of Robinsons - Britvic - has reported a drop in profits following the recall of newly-designed bottles of its Fruit Shoot drink.

The firm which recently agreed a £1.4bn merger with Irn-Bru owner AG Barr, saw pre-tax profits slide 19% to £84.4m in the year to September 30.

The decline came as Britvic took a £16.9m hit to cover the cost of the recall of all bottles of the children’s drink and spin-off Fruit Shoot Hydro in July due to safety concerns with faulty caps.