FDBusiness.com

AG Barr Outperforms UK Soft Drinks Market

 Breaking News
  • British Brewers Decrease Their CO2 Emissions by 42% Total CO2 emissions from the UK’s brewing industry have fallen by 42% in the last decade (2008 to 2018) – a reduction of 202,952 tonnes – according to new research conducted by the British Beer & Pub Association (BBPA). The research also found that the energy used to brew a pint of beer in the [...]...
  • Small Irish Snack Manufacturer Secures Major Contract With Tesco Pinkfinch, a County Down-based fruit snacks supplier, has secured a major contract with Tesco Ireland, which will see an estimated 100,000 bags sold annually. From launching his business in his parent’s spare bedroom five years ago,  Pinkfinch founder Michael Heaslip (pictured) has grown his innovative product line across Ireland, the UK, Europe, and the Middle East,  with [...]...
  • UK Supermarkets are Struggling to Grow The latest grocery market share figures, published by Kantar, show year-on-year supermarket sales were flat during the 12 weeks to 11 August 2019 as the tough comparisons with 2018’s strong summer continue. The memory of last year still looms large for retailers and this summer’s comparatively poor weather, combined with low levels of like-for-like price [...]...
  • Tickets Still Available For 2019 Irish Food & Drink Business Awards Some tickets are still available for the 2019 Irish Food & Drink Business Awards presentation ceremony and gala dinner to be held at the Citywest Hotel in Dublin on the evening of Thursday, 5 September 2019. The winners of the 2019 Awards will be named at the event. The prestigious awards programme, which was first introduced [...]...
  • Nestlé UK Launches New On-trend Flavours Nestlé has introduced two new on-trend flavours to its much-loved Munchies brand in the UK and Ireland. Available in 101g sharing bags, new Munchies Chocolate Fudge Brownie and Munchies Cookie Dough are the first new Munchies products since 1996. The new flavours were created at Nestlé’s confectionery sites in York and Fawdon, Newcastle. Munchies Brand Manager [...]...

AG Barr Outperforms UK Soft Drinks Market

AG Barr Outperforms UK Soft Drinks Market
March 26
15:53 2014

UK soft drinks producer AG Barr has acheived a 9.6% increase pre-tax profit before exceptional items, to £38.1 million on turnover up 6.9% to £254.1 million for the 12 months ended 26 January 2014. Revenue growth outpaced the wider UK soft drinks market.

The Scottish drinks company’s carbonates sales grew by 8.2% in value, fuelled by its core brands IRN-BRU and Barr, with the addition of a strong performance from its franchise energy brand Rockstar. The still drinks portfolio had a more subdued year, growing by 2.7% in overall value terms. Within this performance, Rubicon stills grew by 4.0% and the Strathmore water brand grew by over 9%. KA stills declined by 3.8% following a very strong prior year growth. Overall the KA brand was down 1% in the period.

AG Barr’s operating margins increasing by 0.4% to 15.1%, reflecting the improvements in cost of goods, well controlled overheads and positive product sales mix. The improvement in margins was not at the expense of continued investment in the company’s brands, where marketing and promotional spend has further increased year on year.

“It has been another year of significant progress at AG Barr which has seen us outperform the market and improve our conversion of sales into profit growth,” says Roger White, chief executive of AG Barr. “The financial position of the group has grown stronger in the past 12 months and the platform for growth has been further reinforced by the performance of our brands, assets and people. The business has benefited hugely from the challenges of the past year, emerging stronger, fitter and more ambitious to develop. Despite remaining cautious regarding the environment we operate in and the challenges we face, we are confident in our future prospects.”

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2019Packaging Innovations & Luxury Packaging London 2019
  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements