Irn-Bru maker A.G Barr rises on operating margin growth expectations

A.G. Barr

28/01/2025 10:17

** Shares of Irn-Bru maker A.G. Barr  BAG.L  up 6.5% at
621p; among top gainers on London's midcap index  FTMC 
    ** Co's FY adjusted operating margin expected to grow 13.5% 
    ** Peel Hunt says closing Barr's direct business and moving
Boost production in-house should deliver further margin gains
over the short term
    ** Brand momentum was sustained despite the continuing
weakness in the UK consumer, Peel Hunt analysts say
    ** BAG expects 2024/25 revenue of 420 mln pounds($522.31
million), up 5% 
    ** Co said expectations for 2025/26 remain unchanged and in
line with market expectations
    ** In 2024, stocks rose by 18.7%





($1 = 0.8041 pounds)

 (
 Reporting by Simone Lobo in Bengaluru)
 ((Simone.Lobo@thomsonreuters.com; +919920570373;))