The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarr (A.G.) Share News (BAG)

Share Price Information for Barr (A.G.) (BAG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 619.00
Bid: 616.00
Ask: 619.00
Change: 22.00 (3.69%)
Spread: 3.00 (0.487%)
Open: 600.00
High: 619.00
Low: 598.00
Prev. Close: 597.00
BAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AG Barr says 195 jobs at risk in proposed business reorganisation

Thu, 14th Mar 2024 15:04

(Sharecast News) - Irn Bru maker AG Barr said on Thursday that up to 195 jobs were at risk as it looks to close some of its sites as part of a business reorganisation.

Following a review of its soft drinks' sales and distribution operations, the company is proposing to move its direct to store delivery model to an enlarged and enhanced field sales operation, with brands directly supplied through existing wholesale channels.

This would impact up to 160 employees. However, Barr also expects that additional field sales roles will be created to support the new route to market.

The proposals could result in the closure of its direct operations at Moston, Wednesbury and Dagenham and could be completed by the end of June.

The company also said that following the acquisition of Boost Drinks in 2022, it has begun a manufacturing in-sourcing programme of Boost's products to the Barr soft drinks division, "delivering margin improvement as a consequence".

It is now proposing to fully integrate the Boost business into the soft drinks division - a move that would impact 35 employees and lead to the closure of the Boost Leeds office.

AG Barr said: "The proposals are subject to full and proper consultation with impacted employees over the coming months. The company will do everything possible to support those affected throughout the process."

More News
23 Mar 2020 11:27

UK WINNERS & LOSERS SUMMARY: Shell Rises After Protecting Dividend

UK WINNERS & LOSERS SUMMARY: Shell Rises After Protecting Dividend

Read more
23 Mar 2020 10:45

AG Barr Delays Annual Results, Takes Steps To Reduce Virus Damage

AG Barr Delays Annual Results, Takes Steps To Reduce Virus Damage

Read more
23 Mar 2020 08:07

AG Barr draws £60m to shore up finances

(Sharecast News) - AG Barr has drawn its full £60m of available credit and frozen new capital projects to strengthen its finances as the coronavirus crisis takes its toll on the UK's hospitality industry.

Read more
23 Mar 2020 08:05

UPDATE 2-British companies mothball results after regulators call for delay

* In unprecedented move, FCA asks firms to delay results* Delay to better understand impact of coronavirus on operations* Kingfisher, AG Barr, Mears Group, Lamprell impacted* Hong Kong, Spain have taken similar measures (Recasts, adds detail on sim...

Read more
23 Mar 2020 08:05

UPDATE 3-British companies mothball results as virus shreds financial market rulebook

* In unprecedented move, FCA asks firms to delay results* Delay to better understand impact of coronavirus on operations* Kingfisher, AG Barr, Mears Group, Lamprell impacted* Hong Kong, Spain have taken similar measures* For FACTBOX on delays: (Rec...

Read more
23 Mar 2020 08:05

UPDATE 1-British companies mothball results after regulators call for delay

* FCA asks firms over the weekend to delay results* Delay to better understand impact of coronavirus on operations* Kingfisher, AG Barr, Mears Group, Lamprell impacted (Adds more companies, background, context, bullet points)By Simon Jessop and Huw...

Read more
17 Mar 2020 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
11 Mar 2020 14:11

AG Barr Reiterates Rockstar Distribution Pact Following Pepsi Deal

AG Barr Reiterates Rockstar Distribution Pact Following Pepsi Deal

Read more
28 Jan 2020 17:01

LONDON MARKET CLOSE: Stocks Bounce Back Despite Lingering Virus Fears

LONDON MARKET CLOSE: Stocks Bounce Back Despite Lingering Virus Fears

Read more
28 Jan 2020 11:55

LONDON MARKET MIDDAY: FTSE 100 Edges Higher Despite Virus Spread

LONDON MARKET MIDDAY: FTSE 100 Edges Higher Despite Virus Spread

Read more
28 Jan 2020 10:28

UK WINNERS & LOSERS SUMMARY: AG Barr Surges On Strong Profit Forecast

UK WINNERS & LOSERS SUMMARY: AG Barr Surges On Strong Profit Forecast

Read more
28 Jan 2020 09:19

UPDATE 2-UK shares recover after sell-off on coronavirus fears

* FTSE 100 up 0.9%, FTSE 250 0.6% higher* Bourses gain after steep losses on Monday* Crest Nicholson leads housebuilders higher* A.G. Barr jumps on upbeat profit view* Pound slips as Brexit trade deal worries linger (Adds news items, analyst comment...

Read more
28 Jan 2020 09:19

UPDATE 1-UK shares inch higher after previous sell-off on coronavirus fears

* FTSE 100 edges up, FTSE 250 rises 0.1%* Bourses gain after steep losses on Monday* Crest Nicholson leads housebuilders higher* A.G. Barr jumps on upbeat profit view (Adds news items, analyst comments, updates share prices)By Shashwat AwasthiJan 28...

Read more
28 Jan 2020 09:09

AG Barr Earnings To Beat Estimates After Pricing Adjustments

AG Barr Earnings To Beat Estimates After Pricing Adjustments

Read more
28 Jan 2020 08:43

LONDON MARKET OPEN: Stocks Rebound; AG Barr Update Pleases Investors

LONDON MARKET OPEN: Stocks Rebound; AG Barr Update Pleases Investors

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.