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AG Barr lifts dividend as reports higher annual profit and sales

ALN

AG Barr PLC on Tuesday hailed ‘pleasing’ performances from its core soft drinks brands as it reported increased annual profit.

The Cumbernauld, Scotland-based soft drinks manufacturing company, which owns brands such as Irn-Bru, Rubicon, and Boost, said pretax profit rose 18% to £62.6 million in the financial year that ended January 31 from £53.2 million the year before.

Basic earnings per share grew 18%to 42.27 pence in financial 2026 from 35.81p in financial 2025.

Revenue increased 4.0% to £437.3 million from £420.4 million, reflecting ‘pleasing’ performances and growing momentum in its core soft drinks brands.

The FTSE 250-listing declared a final dividend of 15.27p per share, bringing the total payout to 18.71p per share, up 11% from 16.86p the year before.

‘This was a year of significant strategic progress in which we also delivered on our targeted financial metrics,’ said Chief Executive Euan Sutherland.

Shares in AG Barr were up 7.0% to 660.00p each in London on Tuesday.

Looking ahead, AG Barr said it entered the current financial year with good momentum.

‘Our core soft drinks portfolio will be supported by expanded distribution, targeted brand refreshes and multiple new product launches,’ the company said.

AG Barr expects to deliver a year of low-double-digit percentage revenue growth in financial 2027, supported by recent acquisitions.

The integration of recent acquisitions - Frobishers Juices Ltd and Fentimans Ltd - is ‘well underway and progressing to plan, leaving us well positioned to realise targeted operational efficiencies from [the second half] and in the coming years’, AG Barr said.

AG Barr announced the acquisition of soft drinks and mixers brand Fentimans for around £38 million and of fruit juices and soft drinks brand Frobishers for £13 million in February.

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