3rd Feb 2026 10:21
(Alliance News) - AG Barr PLC on Tuesday said its annual trading was in line with forecasts, and announced the acquisitions of the Fentimans Ltd and Frobishers Juices Ltd brands.
In response, shares in AG Barr were up 6.3% at 691.00 pence on Tuesday morning in London.
The Cumbernauld, Scotland-based soft drinks manufacturing company said revenue for the year ended January 31 increased by around 4% to about GBP437 million from GBP420 million the year before.
It also expects to report an adjusted operating margin of about 14.7%, up on-year from 13.6% and "contributing to double-digit profit growth". AG Barr said this is driven by the benefits of ongoing efficiency initiatives and supply chain investment.
The Irn-Bru brand delivered "modest growth" in the second half, AG Barr said, with "good performances" from Rubicon and Boost. The firm also highlighted its "Strong brand activity pipeline continuing through FY26/27".
Overall, Chief Executive Officer Euan Sutherland commented: "We are pleased to report a strong year that highlights delivery of our strategic priorities. Our top and bottom line performance for FY25/26 is in line with expectations, and importantly we have laid strong foundations for future growth.
"We enter FY26/27 with good momentum in our core brands and from the introduction of exciting new products."
Also on Tuesday, AG Barr announced its acquisitions of soft drinks and mixers brand Fentimans for around GBP38 million, and fruit juices and soft drinks brand Frobishers for GBP13 million.
"Both brands operate in the attractive Adult Soft Drinks market, which is benefitting from the consumer trend of reduced alcohol consumption," the company said.
Sutherland said the purchases were "In-line with our strategy of enhancing our organic growth with M&A", adding: "The synergies associated with these acquisitions are expected to drive meaningful accretion over the medium term.
"Underpinning all our activity is our consistent focus on efficiency, margin and growing shareholder returns."
By Emma Curzon, Alliance News reporter
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