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| Robinsons Fruit Shoot recall costs hit Britvic shares | Robinsons Fruit Shoot recall costs hit Britvic shares |
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| Shares in drinks manufacturer Britvic slumped 13.4% after the company said delays in designing a new cap for its recently-recalled Robinsons Fruit drinks could cost it up to £25m. | Shares in drinks manufacturer Britvic slumped 13.4% after the company said delays in designing a new cap for its recently-recalled Robinsons Fruit drinks could cost it up to £25m. |
| The company said it had been unable to "speedily resolve" the issue, and would use an existing cap in the meantime. | The company said it had been unable to "speedily resolve" the issue, and would use an existing cap in the meantime. |
| It would be six months before demand could be met in full, it added. | It would be six months before demand could be met in full, it added. |
| Last week, Britvic announced the recall of some Fruit Shoot drinks in the UK due to a "packaging safety issue". | Last week, Britvic announced the recall of some Fruit Shoot drinks in the UK due to a "packaging safety issue". |
| All Fruit Shoot and Fruit Shoot Hydro drinks are being recalled, but not Fruit Shoot My-5. No other Robinsons products are affected. | All Fruit Shoot and Fruit Shoot Hydro drinks are being recalled, but not Fruit Shoot My-5. No other Robinsons products are affected. |
| "It is difficult to be precise as to the full financial implications given the developing situation," Britvic said. | "It is difficult to be precise as to the full financial implications given the developing situation," Britvic said. |
| "We believe this will now have an impact on the group profit before tax in the region of £15m to £25m across the current and next financial year." | "We believe this will now have an impact on the group profit before tax in the region of £15m to £25m across the current and next financial year." |
| Customers have been advised to return the bottles to where they bought them in order to get a refund. | Customers have been advised to return the bottles to where they bought them in order to get a refund. |
| According to the Britvic website, the Robinsons Fruit Shoot brand is worth £96m. | According to the Britvic website, the Robinsons Fruit Shoot brand is worth £96m. |
| Britvic reported in May that trading had been hit by poor weather. On Wednesday it added that trading had not improved in recent weeks, and it now expected full-year profits to be at the bottom end of expectations, even before taking into account the costs of the Fruit Shoot recall. | Britvic reported in May that trading had been hit by poor weather. On Wednesday it added that trading had not improved in recent weeks, and it now expected full-year profits to be at the bottom end of expectations, even before taking into account the costs of the Fruit Shoot recall. |