AG Barr Forecasts Annual Profit Above Expectations; Flags Challenges From New UK Lockdown
Soft drinks maker AG Barr has said that it expects its annual pre-tax profit to be ahead of market estimates.
Challenging Months Ahead
However, the company warned that the months ahead will be challenging due to the coronovirus-related restrictions imposed in the UK in December.
AG Barr, which best known for manufacturing Scottish fizzy drink Irn-Bru, forecast that its revenue for the year ended January 24 will be approximately £227 million, compared to £255.7 million last year.