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.

Revenue Forecast

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.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.