Updates from BSkyB, Britvic and SABMiller

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Another modest rise for the FTSE 100 yesterday, up 22 points to 6,571. Hargreaves Lansdown was Wednesday's biggest gainer, up +4.81% to 1090p. The biggest loser was Schroders, down -2.80% to 2568p.

US debt deal optimism helped the Dow Jones along nicely, finishing 205 points higher at 15,373.
Let's start with some telly: British Sky Broadcasting have first quarter numbers out for the three months up to 30 September. Revenue climbs +7% to £1,843m though operating profit tumbles -8% to £285m and earnings per shares slips -3% to 13.0p from 13.4p.

Quarterly growth in broadband takes Sky past the 5-million customer mark. In all, 36% of its customers are opting to take all three TV, broadband and 'phone - half a million more than last year, Sky claims.

"The number of connected Sky+HD boxes grew by almost 50,000 a week," says chief exec Jeremy Darroch - he took home £7m last year - "grew faster than in any previous quarter, and we are seeing an immediate increase in usage as customers get connected."

Next, a six month trading update from Grolsch and Pilsen maker, SABMiller. Following a difficult start to the year, trading conditions in Europe and North America saw a modest improvement in the second quarter says the company lthough consumer environments, it warns, remain under pressure.

Group net producer revenue (NPR) for the first six months grew +4% but for the second quarter group NPR grew +6% on an organic, constant currency basis. Total beverage volumes grew +2% for the first six months, with lager volumes up +1% and soft drinks volumes up +5%.

Chief exec Alan Clark says there was strong performance across its African business and the company made "good progress in building on our positions in Latin America, South Africa and the Asia-Pacific region".

Staying with the drinks biz, we end with a quarterly update from Pepsi and Robinsons maker Britivic. Group revenue climbs +12.8% to £366.4m, benefitting from the warm weather in July and full availability of Fruit Shoot compared to this time last year (the company had to recall Fruit Shoot bottles, damaging profits).

The Q4 numbers take overall group revenue +4.4% growth of 4.4% (5.2% AER) to £1,321.9m. There's also "significant" pricing growth of +5.4%, with all business units in growth claims Britvic.

"While we have benefitted from the good weather this summer," says chief exec Simon Litherland, "especially in July, we are particularly pleased to see that Fruit Shoot's market share is now back at pre-recall levels and continues to grow."