Beverage
AG Barr Sales Surge on Core Soft Drinks Growth
AG Barr Sales Surge Fuels Strong Yearly Performance
AG Barr sales surge continues to drive strong financial performance, with the company expecting double-digit profit growth for the fiscal year ending January 25, 2025. The beverage manufacturer anticipates total sales reaching £420 million, reflecting a 5% year-on-year increase. Additionally, AG Barr’s adjusted operating margin improved to 13.5%, up from 12.3% last year.
Strong Demand for Core Soft Drinks
The AG Barr sales surge is largely attributed to the success of its core soft drinks portfolio, which includes popular brands like Irn-Bru, Rubicon, and Boost. Among these, Rubicon experienced the highest growth, recording double-digit sales increases. The company’s energy drink brand, Pwr-Bru, and cocktail mixer line, Funkin, also contributed to the strong performance.
CEO Highlights Continued Momentum
AG Barr CEO Euan Sutherland expressed confidence in the company’s sustained progress despite broader market challenges. “AG Barr is on track to deliver another year of strong top-line growth, margin improvement, and cash generation. These results demonstrate excellent progress toward our long-term financial goals,” he stated.
Sutherland emphasized the company’s commitment to consistent long-term revenue growth, saying, “We remain confident in further margin improvements, aligning with our previous guidance. Our expectations for 2025/26 remain unchanged and in line with market forecasts.”
Future Outlook for AG Barr
As AG Barr continues its upward trajectory, the company remains focused on expanding its market presence and enhancing profitability. With sustained consumer demand and strategic investments, AG Barr is well-positioned for continued success.
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