Just reviewing the Annual Report - one comment that share price 31st March 1982 was 78.3p (they clearly have a lot of long term holders like me who one day may have CGT calculation to work out). Today around 14 and lots of divis along the way. All done on own generated cash. Sensible strategic move to buy Strathmore Water last year (press comment recently that Coca Cola looking at Highland Spring) - main Barr product is IRN BRU. Big operational improvements made in 2006 should provide springboard IMO for continued growth and mine remain locked away.Always DYOR

Bit lonely on here - hope some of the longer term investors in this well run business. News of contract award for large facility at Milton Keynes seems to have generated some interest today. Perhaps Irn Bru is destined to become no 1 soft drink seller south of the Scottish border......

Partridge, I have these lined up for my NG. dividend - unfortunately not available until the 15th August, so I would prefer it not to get too ahead until then.

Skinny- should take at least a year to determine whether the Milton Keynes project is on time/budget, so think you should be ok for a week or so!

Partridge - I take you have seen the BVIC news.

Yes Skinny- just. Been (very) long term holder of BAG and have high regard for both its management and its principal product Irn Bru. Never been so keen on BVIC - too much debt for my liking and never held. With CEO of combined outfit from BAG, think they have made the right choice (assuming it happens). Lots of potential synergies, but lots of possible pitfalls as well. I will continue to hold, but a bit more nervously than before. Had always hoped Coca Cola or Pepsi might take out BAG - that now looks more unlikely.

Partridge - current shenanigans apart and perhaps somewhat tenuous :- Andy Murray toasts epic US Open victory with bottle of Irn-Bru

AWESOME Andy Murray toasted his stunning US Open triumph yesterday – with an Irn-Bru.

And he was piped into a reception in his honour to celebrate his epic five-set victory over Novak Djokovic.

Amid scenes of jubiliation, Murray was welcomed to the British consul general’s residence in New York. A piper dressed in full Highland regalia blasted out Scotland the Brave as he made his entrance into the plush Manhattan rooftop apartment alongside his mum Judy.

A thirsty Andy promptly declined the other drinks on offer at the bash – before quaffing a glass of Irn-Bru to cheers from well-wishers.

Good spot Skinny. All publicity good publicity...and it does taste great! Hope you managed to add a few of these from your NG divi a few weeks ago. Bit dangerous to get too emotionally atttached to shares, so sold a small part of my holding the other day at 458p just in case the BVIC deal does not hapen for any reason. Covered the original cost many years ago - glad they are in my ISA!

AG Barr reports interim results, but investors will be more interested in signals on the Irn-Bru maker’s proposed merger with Britvic, its fellow soft-drinks manufacturer, writes Louise Lucas.

The Scottish company, famed for the super-sweet “Scotland’s other national drink”, this month approached Britvic, whose fortunes have fallen in recent times following a poor UK summer and a product recall. While the deal is billed as a merger, Roger White, AG Barr’s chief executive, would lead the combined company.

Despite being dented by poor weather, which has taken the edge off Britons’ thirsts, AG Barr is expected to report sales growth of around 5 per cent to £129.7m, according to analysts at Panmure Gordon. The brokerage notes that this is “comfortably ahead of the overall market”.

However, Panmure Gordon’s analysts expect adjusted pre-tax profit to fall 6 per cent to £15.6m, reflecting higher input costs, continuing brand investment and a deterioration in the mix
of products on offer.

Interim results


Key Points



· Total turnover increased by 4.9% to £130.0m (2011: £124.0m)

· Pre exceptional profit on ordinary activities before tax was £14.9m (2011: £16.2m)

· Profit before tax £0.3m behind the prior year on a constant currency basis

· Basic earnings per share were 10.14p (2011:10.81p)

· Return on capital employed remained strong at 21.1%, on a 12 month basis

· Net debt reduced to £11.4m; annualised net debt/EBITDA ratio is below 0.3 times

· Core brands IRN-BRU, Barr and Rubicon maintained strong market positions and grew market share

· The planned new production and distribution site at Milton Keynes is now under construction

· Interim dividend of 2.616p per share (2011: 2.433p), an increase of 7.5% on the prior year

· Following the announcement of the potential all share merger with Britvic plc on 5 September, it is confirmed that talks are ongoing



http://www.moneyam.com/action/news/showArticle?id=4450240

Final results

Key Points

· Total turnover increased by 6.6% to £237.6m (2012: £222.9m - restated)

· Profit on ordinary activities before tax and exceptional items increased by 4.3% to £35.0m (2012: £33.6m)

· Underlying earnings per share increased by 10.9%*

· Core brands IRN-BRU, Barr, Rubicon and KA all grew in the period; in addition Rockstar performed particularly strongly

· Continued robust financial position

o net assets increasing to £130.6m

o ROCE over 20%

o strong underlying free cash flow of £22.0m

· New production and warehouse facility at Crossley, Milton Keynes progressing to plan and expected to be operational in the summer of 2013

· Second interim dividend paid, in lieu of the final dividend, of 7.4p per share (2012: 6.88p) giving a total dividend for the year of 10.02p per share, an increase of 7.6% over the prior year

· Following referral of the proposed merger with Britvic plc to the Competition Commission, the companies are working with the Competition Commission during its investigation with a view to seeking clearance of the possible merger

Canaccord Genuity Buy 528.25 520.50 490.00 570.00 Upgrades

Investec Buy 528.25 520.50 485.00 562.00 Retains

Interim Results

Key Points

● Total turnover increased by 5.8% to £128.7m (2012: £121.6m restated)

● Profit on ordinary activities before tax and exceptional items increased by 12.3% to £16.6m (2012: £14.8m restated)

● *Underlying earnings per share increased by 12.6% to 11.34p (2012:10.07p)

● Continuing financial strength

○ Net assets increased to £147.5m

○ ROCE at 21.5% on a rolling 12 month basis

○ Strong underlying free cash flow of £18.1m for the 6 month period

● Net debt of £15.8m; annualised net debt/EBITDA ratio is below 0.4 times

● IRN-BRU, Barr and Rubicon maintained strong market positions

● New production and distribution site at Milton Keynes has already commenced commercial production with further commissioning continuing for the balance of the year

● Agreement to implement Asset Backed Funding arrangement with Pension Trustees

● Interim dividend of 2.825p per share (2012: 2.616p), an increase of 8% on the prior year

Canaccord Genuity Buy 525.25 525.00 570.00 630.00 Upgrades

N+1 Singer Hold 525.25 525.00 525.00 525.00 Reiterates

Shore Capital Hold 533.75 525.00 - - Retains

Investec Add 533.75 525.00 585.00 585.00 Retains

Numis Add 533.75 525.00 578.00 578.00 Upgrades

Pre-close trading update

A.G. BARR p.l.c., the soft drinks group, today announces a trading update prior to entering a close period on 27 January 2014. Trading has maintained its strong momentum across the final quarter of the financial year and performance is expected to be ahead of the total soft drinks market.

It is anticipated that total sales revenue in the final quarter will be ahead of the prior year by circa 5.5%. This performance is particularly pleasing given the tough prior year comparatives which saw near double digit growth in the second half of last year. We anticipate full year revenue of circa £252 million reflecting a year on year growth of circa 6.1%.

Our core brands continue to respond positively to our ongoing investment and development actions despite the increased intensity of price-driven competition in all of the major trade channels. Underlying margins have improved versus the prior year however planned increases in levels of investment in marketing and promotion have capped further margin progress in the final quarter.

The operational performance of the business has been strong throughout the financial year, with excellent customer service delivered during periods of peak demand in the summer and across the Christmas trading period. This has been supported by the addition of the new site at Milton Keynes where commissioning of the plant and the logistics transfer programme are now complete, in line with the expected project timescales.

Over the period our free cashflow generation and balance sheet have remained strong, with the expected year-end net debt position better than previously anticipated.

A.G. BARR remains on course to meet its expectations for the financial year ending 26 January 2014.


Outlook

A.G. BARR has delivered a consistent and robust performance in a marketplace characterised by volatile consumer demand and weather patterns, in addition to the ongoing economic challenges faced by consumers and a tough competitive environment. Looking forward, although it is unlikely that these challenges will materially change, we remain optimistic that the combination of our well-invested operating platform, strong balance sheet, proven business model and capacity for growth leave us well positioned to continue to deliver long term shareholder value.

A.G. BARR intends to announce its full year financial results on 25 March 2014.

Final Results

Key Points

● Profit on ordinary activities, before tax and exceptional items, increased by 10.0% to £41.9m (2014: £38.1m)

● Total turnover increased by 2.7% to £260.9m (2014: £254.1m); stripping out the impact of the loss of the Orangina brand, turnover increased by 3.3%

● All core brands - IRN-BRU, Barr, Rubicon and Strathmore - grew, outperforming the market, with particularly strong growth coming from the stills segment driven by Strathmore water.

● Robust financial position

○ *ROCE increased to 24.0%

○ Substantial *underlying free cash flow of £40.6m

○ Net cash position at period end (2014: £2.1m net debt)

○ *Underlying earnings per share increased by 4.6% to 28.25p (2014: 27.02p)

● Investment in assets, infrastructure and systems across the Group progressing well

● Acquisition of Funkin Limited completed in February 2015, providing entry point to new growth category

● Proposed final dividend of 9.01p per share (2014: 8.19p) to give a proposed total dividend for the year of 12.12p per share, an increase of 10.0% over the prior year

Irn Bru maker AG Barr signals end to bottle returns

Interim Results

Key Points

· Total turnover was £130.3m (2014: £135.7m). Adjusting for the impact of discontinued business, turnover from ongoing business, including the recently acquired Funkin Limited ("Funkin"), declined 2.8%

· Adjusted* profit on ordinary activities before tax, interest and exceptional items increased by 3.3% to £17.8m. Statutory profit before tax decreased by 11.3% to £16.9m (2014: £19.0m)

· Free cash flow was £7.4m. Net debt stands at £19.9m (representing a net debt/EBITDA ratio of 0.4 times)

· The Funkin business is performing well against our pre-acquisition expectations

· Investment in our Milton Keynes site continued during the period with the successful commissioning of carton packaging capability and the commencement of the warehouse capacity increase project, due to be completed in early 2016

· Interim dividend of 3.36p per share (2014: 3.11p), an increase of 8.0% on the prior year

... sorry mate thought this was a Welsh rugby team thread :-)

FINAL RESULTS for the year ended 27 January 2018

A.G. BARR p.l.c., ("A.G. BARR"), which produces and markets some of the UK's leading drinks brands, including IRN-BRU, Rubicon, Strathmore and Funkin, announces its final results for the 52 weeks ended 27 January 2018.

Financial headlines

● Statutory profit before tax increased by 4.2% to £44.9m (2017: £43.1m) on revenue up 8.0% to £277.7m (2017: £257.1m)

● Profit before tax and exceptional items* increased by 4.0% to £44.1m (2017: £42.4m)

● Gross margin* increased by 20bps to 47.1%

● Operating margin before exceptional items* decreased by 60bps to 16.2%

● Basic earnings per share before exceptional items* increased by 3.4% to 31.30p (2017: 30.26p)

● Basic earnings per share increased by 4.8% to 32.25p (2017: 30.78p)

● Net cash position at year end of £15.0m (2017: £9.7m)

● Proposed final dividend of 11.84p per share (2017: 10.87p) to give a proposed total dividend for the year of 15.55p per share, an increase of 8.0% over the prior year



Strategic highlights

● Strong core brand trading and the continued successful innovation accelerated growth across our soft drinks portfolio, significantly outperforming the market

● Funkin revenue growth of 25% reflecting growth across all product segments

● 99% of portfolio now out of scope of the soft drinks industry levy

● A new long term strategic partnership agreement completed with Bundaberg Brewed Drinks effective April 2018, in addition to the San Benedetto partnership disclosed earlier in the year

● PET investment at Milton Keynes delivered successfully

● Share repurchase programme progressing to plan

● Strong innovation pipeline for 2018


Roger White, Chief Executive, commented:

"Over the past 12 months we have delivered consistent broad-based sales growth across our portfolio, well ahead of the soft drinks market performance throughout the year, supported by successful innovation, strong core brands and further development of our partnerships.

The UK economic landscape is expected to remain uncertain for business as a whole, with regulation, changing customer dynamics and consumer preferences adding further volatility for the soft drinks industry. We have a strong and flexible business model and a growing portfolio of brands, both established and nascent, which reflect the requirements of today's changing consumers. We remain confident in our ability to capitalise on the opportunities to grow our business and deliver long-term value to shareholders".