March 31 (Reuters) - Irn-bru maker AG Barr beat market expectations for annual profit on Tuesday, helped by a focus on its core brands and on in-trend health and wellness beverages. The Scottish firm
Irn-bru maker AG Barr beats annual profit expectations
AG Barr’s Financial Performance and Strategic Moves
Annual Profit Surpasses Expectations
March 31 (Reuters) - Irn-bru maker AG Barr beat market expectations for annual profit on Tuesday, helped by a focus on its core brands and on in-trend health and wellness drinks.
Brand Portfolio and Strategic Investments
Divestment of Strathmore
AG Barr, which owns beverage brands like Boost and Rubicon, sold its water brand Strathmore last year to redeploy capital into the more sought-after energy and health lines, including through its acquisition of fruit juice brand Frobishers Juices.
Focus on Energy and Health Drinks
The maker of the fizzy orange drink said the direct impact of the ongoing Middle East conflict was limited to energy cost spikes, adding that it has no direct revenue exposure to the region Middle East.
Revenue Growth and Profit Figures
Future Revenue Projections
It expects low double digit percentage revenue growth in fiscal 2026/2027, after posting a 4% rise in sales to 437.3 million pounds in fiscal 2025/2026.
Adjusted Pretax Profit Results
Analyst Estimates vs. Actual Results
The firm posted adjusted pretax profit of 65.8 million pounds ($86.9 million) for the year ended January 31, topping analysts' estimate of 65.4 million pounds, per data compiled by LSEG.
Additional Information
($1 = 0.7571 pounds)
(Reporting by Prerna Bedi in Bengaluru; Editing by Sumana Nandy)
