Britvic down as it disposes of French assets

FTSE 250 drinks producer Britvic (LON:BVIC) saw its share price decline by 5.48% to 776p (as of 16:15 BST) following the sale of three bottling plants in France. This was part of a deal divesting the company of its juice assets in the country to Refresco.

Management said that this was part of its plan to improve operating margins in Western Europe while also allowing the business to focus on growing the branded soft drinks portfolio.