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Britvic manufacturer Robinson, squash had reduced the value of its Irish property and intangible assets

The manufacturer of squash Robinson had reduced the value of property division and intangible assets, Eclipse a 26pc increase profits before taxes across the enterprise, when point load has been removed.

Britvic bought his Irish business making Ballygowan bottled water and has the rights of Pepsi and 7Up in the country, in 2007, the manufacturer of cider C & C €249 million (￡ 211 m).

At that time, Ireland was experiencing the fastest growth in the euro area economy, and Britvic felt buys the company could boost sales and contribute savings of 14 m € per year.

But the Irish division has offset the rest of the Britvic company since the beginning of the recession. Closed society part of the division in 2009 and cutting 52 job earlier this year.

Ireland tomb 5 4pc 179 million revenues of ￡ last year.

Thursday Britvic excluded not more job cut Ireland performs a process of restructuring of two months. However, the company said committed to maintain the company.

"We are taking further steps to restructure our company Ireland and believe this with our strong brands and leading market positions will create a platform to allow us to reconstruct the profitability of the company," said Paul Moody, Chief Executive.

Profit before tax Britvic has risen to ￡ 109. 1 m in the year to October 3, to the exclusion of the Irish burden and another ￡ 11. 4 m depreciation on three brands more than ￡ 86. 5 m a year earlier. Including non-cash charges, the company reported a loss of ￡ 28. 8 m, compared to a 66 ￡. 2 m profit last year.

Revenues rose from 14. 6pc to. 14bn of ￡ 1, including 85 ￡. 2 m of sales of the French company drinks Britvic acquired in May.

"We are in good shape for another robust set of results for the year ahead", said Mr. Moody.

Irish load sent shares down as much as 9 3pc Britvic Thursday morning and the stock closed 14.4, or 2 9pc, p 476.2.

Britvic also raised its forecast for the cost of entry point 1pc 5MC and 6pc of higher juice and sugar prices.

Britvic raised throughout the year by 11 3pc 16.7 percent dividend. The final dividend of 12 percent will be paid on February 11.

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