Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

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

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

Share Price is delayed by 15 minutes
Get Live Data
637.00    -4.00 (-0.62%)
Bid:
636.00
Ask:
638.00
Spread: 2.00 (0.314%)
Market Cap: £706.92m
BAG Live PriceLast checked at - London Stock Exchange

Intraday Barr (A.G.) Share Chart

Trading Update

3 Dec 2015 07:00

RNS Number : 7973H
Barr(A.G.) PLC
03 December 2015
 

 

 

3 DECEMBER 2015

 

 

A.G. BARR p.l.c.

("A.G. BARR" or "the Company")

Trading Update

 

 

A.G. BARR p.l.c., the soft drinks group, today announces its trading update covering the period from 26 July 2015 to date.

 

Revenue from the ongoing business* for the 18 weeks to 28 November 2015 increased by 3.9% compared to the equivalent period last year. Year to date revenue from the ongoing business*, as at 28 November, declined by 0.2%. Year to date revenue on a reported basis declined by 2.2%

 

As anticipated, our revenue performance in the third quarter has gained momentum as we put the specific challenges of the first half behind us and return to our long-term growth strategy.

 

Despite continued difficult market conditions we have maintained our market share, as measured by the latest available IRI market data, supported by continued brand investment.

 

Margins remain in line with our expectations, underpinned by ongoing tight cost control activity.

 

Our balance sheet remains strong and there have been no significant changes in the financial position of the Company since the publication of the Interim Accounts for the six months ended 25 July 2015.

 

We continue to deliver against our operational investment and efficiency programme. The warehouse expansion project at our Milton Keynes site is nearing completion and good progress is being made on the production capability projects at both Milton Keynes and Cumbernauld, which will provide increased flexibility and support future innovation opportunities.

 

Outlook

We are now entering the important festive trading period and we anticipate the marketplace will remain highly competitive. However our sales execution activities are well developed and, as previously stated, assuming satisfactory Christmas trading, the Company remains on track to meet the Board's expectations for the year.

 

 

For further information, please contact:

 

A.G. BARR Tel: 01236 852400

Roger White, Chief Executive

Stuart Lorimer, Finance Director

 

Instinctif Tel: 020 7457 2020

Justine Warren

Matthew Smallwood

 

* Adjusting for the impact of discontinued business and including Funkin Limited acquired in February 2015.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGGGUPUPAGMP
Date   Source Headline
6th Jul 202112:11 pmRNSDirector/PDMR Shareholding
25th Jun 20217:00 amRNSDirectorate Changes
10th Jun 20219:01 amRNSHolding(s) in Company
8th Jun 20213:33 pmRNSDirector/PDMR Shareholding
28th May 202112:24 pmRNSResult of AGM
28th May 20217:00 amRNSAGM Statement
26th May 202111:01 amRNSDirectorship
11th May 202111:08 amRNSDirector/PDMR Shareholding
6th May 20218:13 amRNSHolding(s) in Company
27th Apr 20219:15 amRNSAnnual Report and Accounts / Notice of AGM
13th Apr 20218:18 amRNSDirector/PDMR Shareholding
12th Apr 202112:33 pmRNSDirector/PDMR Shareholding
1st Apr 20219:33 amRNSDirector/PDMR Shareholding
30th Mar 20217:00 amRNSFINAL RESULTS for the year ended 24 January 2021
8th Mar 202111:42 amRNSDirector/PDMR Shareholding
8th Feb 20211:00 pmRNSDirector/PDMR Shareholding
26th Jan 20217:00 amRNSTrading Update
21st Jan 202112:00 pmRNSNotice of Trading Update
11th Jan 202112:11 pmRNSDirector/PDMR Shareholding
8th Dec 202010:01 amRNSDirector/PDMR Shareholding
18th Nov 20202:00 pmRNSCompensation payment
9th Nov 202011:38 amRNSDirector/PDMR Shareholding
3rd Nov 20208:51 amRNSDirector/PDMR Shareholding
8th Oct 20202:02 pmRNSDirector/PDMR Shareholding
23rd Sep 20209:03 amRNSDirector/PDMR Shareholding
22nd Sep 20209:13 amRNSHolding(s) in Company
22nd Sep 20207:00 amRNSAG BARR p.l.c. Interim results
8th Sep 20201:46 pmRNSDirector/PDMR Shareholding
10th Aug 202010:35 amRNSDirector/PDMR Shareholding
28th Jul 20207:00 amRNSTrading Update
15th Jul 20207:00 amRNSHolding(s) in Company
8th Jul 20202:36 pmRNSDirector/PDMR Shareholding
25th Jun 20209:53 amRNSResult of AGM
23rd Jun 20205:06 pmRNSRockstar Contract Termination & COVID-19 Update
8th Jun 20203:16 pmRNSDirector/PDMR Shareholding
21st May 20209:13 amRNSNotice of Annual General Meeting
7th May 20204:48 pmRNSDirector/PDMR Shareholding
21st Apr 20209:27 amRNSAnnual Report nd Accounts
8th Apr 20203:30 pmRNSDirector/PDMR Shareholding
8th Apr 20207:00 amRNSFinal Results
6th Apr 20207:00 amRNSNotice of Revised Date of Final Results
30th Mar 20203:37 pmRNSHolding(s) in Company
23rd Mar 20207:16 amRNSFCA moratorium on publication of results
20th Mar 202010:10 amRNSHolding(s) in Company
11th Mar 20201:39 pmRNSResponse to PepsiCo To Acquire Rockstar
9th Mar 202011:54 amRNSDirector/PDMR Shareholding
10th Feb 20202:03 pmRNSDirector/PDMR Shareholding
28th Jan 20207:00 amRNSTrading Update
20th Jan 20207:00 amRNSTransaction in Own Shares
16th Jan 20201:30 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.