StockMarketWire.com - Soft-drinks maker Britvic reported a 4.9% rise in first-quarter revenue and said it remained confident of completing a sale of its French juice business this year. Revenue for the three months through December rose to £369.8m, though on a comparable days and constant currency basis, it increased by a more modest 2.6%. 'The exclusive discussions with Refresco over the potential sale of assets in France are on-going and remain subject to a consultation process with the relevant employee representatives and competition clearance by the French competition authority,' the company said. 'We remain confident that, subject to approval, the transaction will complete later in 2020.' Britvic also announced the signing of its first sustainability-linked revolving credit facility.

The £400m refinanced facility, which had a maturity date of 2025, included a number of annual key performance indicators linked to Britvic's sustainable business strategy. Britvic said it was 'confident' of achieving market expectations for the year.

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