UK's A.G. Barr rises on profit beat for fiscal 2025

A.G. Barr

25/03/2025 08:55

** Shares of Irn-Bru maker A.G. Barr BAG.L rise as much as 2.1% to a near one-month high of 633p

** Co reports adjusted pre-tax profit of 58.5 million pounds  ($75.5 million) for FY25, above market expectations of 57.8 million pounds, per a company-compiled poll.

** Co intends to discontinue its bottled water brand Strathmore later this FY ending January 2026.

** Says discontinuation of Strathmore could lead to closure of a facility in Scotland

** Maintains annual outlook, says it's trading in line with expectations

** "We see much to like in AG Barr, with well-supported market leading brands, increasingly well invested manufacturing facilities, an increasingly vibrant management team," Shore Capital analysts say in a note

** As of Monday's close, stock up 1.8% YTD

($1 = 0.7748 pounds)

 (Reporting by Raechel Thankam Job in Bengaluru)

 ((RaechelThankam.Job@thomsonreuters.com))