"First quarter in line with expectations"
Trading in the first quarter was in line with our expectations. Reported revenue increased 4.5% to £352.4m and organic constant currency revenue, excluding the soft drink levies, increased 1.5% to £337.3m.
Simon Litherland, Chief Executive, commented:
"We have delivered a solid start to the new financial year, with performance in line with our expectations. Given the resilience of our business, the strength of our portfolio and exciting marketing and innovation plans, we are confident of making further progress in 2019."
The dividend has been increasing each year at an average of over 8% for 10 years. The value sky-rocketed soon after my purchase so not a high yield at present, but it was when I bought in 2012.
Ian