Drinks maker AG Barr upbeat as revenues fizz
A soft drinks maker says it remains on track to double in size after higher demand fizzed up revenues.
AG Barr says it expects to taste further success after drinkers’ demand nudged sales northwards.
Revenues increased four per cent to £437.3 million in the year to January 31, thanks to strong sales across its headline IRN-BRU, Rubicon and Boost energy drink lines.
Adjusted pre-tax profit came in 12.5 per cent higher at £65.8 million, with statutory pre-tax profit 17.7 per cent better off at £62.6 million.
Bosses say the results leave the Cumbernauld-headquartered firm with “good momentum” to continue its growth trajectory, adding recent takeover deals for ginger beer, cola and dandelion and burdock maker Fentimans and fruit juice firm Frobishers will “broaden its addressable market and enhance exposure to higher-growth categories”.
Euan Sutherland, chief executive of AG Barr, which has further bases in London, Bolton and Milton Keynes, said: “This was a year of significant progress in which we also delivered on our targeted financial metrics.
“We have strengthened the foundations of the business and stepped up our investment in brand development, commercial capability and our operations.
“We entered the 2026/2027 financial year with good momentum and clear priorities, and expect to deliver a year of low double-digit percentage revenue growth supported by our recent acquisitions.
“Our strategy aims to deliver above-market growth rates and realise our ambition of doubling the size of the business.”
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