AG Barr’s sales fizz thanks to summer heat December 5, 2013 THE SUMMER heatwave increased Britons’ thirst for AG Barr’s fizzy drinks, the company said yesterday, as it posted another quarter of strong sales growth. The Irn-Bru maker said revenues surged eight per cent in the 18 weeks to 1 December compared with the same time last year, while volume sales also increased by 6.4 per [...]
Irn-bru manufacturer profits dented as aborted merger costs AG Barr £4.9m September 23, 2013 With Britvic walking away from merger talks with fellow soft-drinks manufacturer in July, the Scottish firm AG Barr has had to deal with legal costs of some £4.9m relating to the failed deal (release). During the year to 26 January 2013, A.G. BARR p.l.c. and Britvic plc worked together on a proposed all-share merger which [...]
London Report: Water firms to show how well profits flowing November 24, 2013 THE FTSE 100’s latest female executive, Liv Garfield, will get an idea of what she’ll face when she joins Severn Trent next year as her new employer announces interim results, along with Pennon and United Utilities. The three, who have been called on by regulators to stop planned price hikes, are expected to have increased [...]
London Report: New borrowing figures likely a boost for Britain November 17, 2013 CHANCELLOR George Osborne is likely to get a boost this week with October public borrowing figures predicted to show the economic recovery gaining strength. Corporation payments and profits from the Royal Mail share sale have helped boost the government coffers and the final set of figures before Osborne’s Autumn Statement are expected to be strong. [...]
Britvic-Barr deal threatens to fizzle out February 13, 2013 THE proposed £1.4bn merger of soft drinks giants AG Barr and Britvic was thrown into disarray yesterday after a trading watchdog referred the deal to the Competition Commission (CC). The current terms of the all share merger, agreed in November, have now been shelved after the Office of Fair Trading said the range of Britvic [...]
AG Barr hires its first female non-executive October 8, 2013 SCOTTISH soft drinks company AG Barr has appointed its first female non-executive to its all-male board. The Irn-Bru maker announced yesterday that Pam Powell, a UK-based American who also sits on the board of Premier Foods, will join the group on 1 November. The 50-year-old spent nine years at brewing giant SAB Miller as director [...]
AG Barr’s sales add fizz to the drinks market September 23, 2013 SOFT drinks maker AG Barr yesterday revealed a 12.3 per cent increase in profits for the six months ending 28 July, which said it remains confident on the long term growth of its drinks. The company – whose drinks brands include Irn-Bru and Tizer – saw revenues rise to £128.7m from £121.6m in the same [...]
Beer shortage threatened by union walkout September 5, 2013 DRINKERS could be left without their post-work pint next Wednesday, after union barons yesterday announced plans to disrupt beer deliveries in a dispute over pay and conditions. Unite, Britain’s biggest trade union, said supplies to 30,000 drinking establishments would be affected when employees of distributors KNDL walk out for 24 hours. Draymen and warehouse workers believe that [...]
London Report: UK employment figures to show lift in economy October 13, 2013 UK employment figures out this week look set to give further weight to signs of Britain’s growing economy. The September numbers, to be released on Wednesday along with unemployment statistics, are predicted to be up on last month. “Strong demand has been met by surging employment in recent months, which is lowering unemployment. [...]
Britvic plots Fruit Shoot growth January 23, 2013 Britvic yesterday posted a 4.8 per cent rise in first quarter revenue and said it would accelerate distribution of its troubled Fruit Shoot drink in the US and also launch it in Spain this year. The drinks company whose profits last year were hit by a costly recall of the children’s drink over faulty caps, [...]