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Categories: Corporate Results

UK: A.G. Barr Four Month Revenue up 22.5%

Source: Reuters
09/06/2009

June 8 - Scottish drinks maker A.G. Barr Plc said on Monday total revenue for the period from Feb. 1 to May 29 rose 22.5 percent from a year ago, helped by strong underlying revenue growth from its core business and an increasingly positive performance from the Rubicon brand.

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The company, best known for its bright orange Irn-Bru drink, also said like-for-like sales, taking out the effect of the Rubicon acquisition, rose about 7.9 percent during the period.

Sales in the latter half of May have benefited from improved weather, the company said, adding that overall trading remained in line with its expectations.

Barr said juice firm Rubicon, which it acquired last year, remained on track to meet targets set at the time of acquisition.

Shares of A.G. Barr, which also produces Strathmore, Rubicon and Tizer drinks, closed at 1324 pence on Friday on the London Stock Exchange.



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