A G Barr - Interim Results bang in line
A G Barr’s (BAG LN, HOLD, T/P 600p) FY2018 half-year results broadly matched expectations at revenue and profit level. Net revenue was £137m, i.e. very similar to the £136m reported in the 2nd August 2017 trading statement. They represented an 8.8% increase from the previous year. The latest IRI data (18th June) showed category value and volume increases of 3.5% and 2.1% respectively.A.G. Barr is engaged in the manufacture, distribution and sale of soft drinks. Co. operates in three segments: carbonates, still drinks and water, and other (including Funkin cocktail, ice-cream and other soft drinks). Co.'s brands include IRN-BRU, Rubicon, Strathmore, Funkin, Barr Flavors, KA, and Tizer, and its partnership brands include Rockstar and Snapple.
Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.
The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.
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