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
627.00    -6.00 (-0.95%)
Bid:
626.00
Ask:
631.00
Spread: 5.00 (0.799%)
Market Cap: £695.82m
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
16th Feb 20187:00 amRNSTransaction in Own Shares
15th Feb 20187:00 amRNSTransaction in Own Shares
13th Feb 20187:00 amRNSTransaction in Own Shares
12th Feb 20187:00 amRNSTransaction in Own Shares
9th Feb 20187:00 amRNSTransaction in Own Shares
8th Feb 20181:41 pmRNSDirector/PDMR Shareholding
8th Feb 20187:00 amRNSTransaction in Own Shares
7th Feb 20187:00 amRNSTransaction in Own Shares
6th Feb 20187:00 amRNSTransaction in Own Shares
2nd Feb 20187:00 amRNSTransaction in Own Shares
1st Feb 20187:00 amRNSTrading Update
30th Jan 20187:00 amRNSTransaction in Own Shares
26th Jan 20189:41 amRNSClosed period repurchase programme
23rd Jan 20187:00 amRNSNotice of Trading Update
4th Jan 20182:58 pmRNSDirector/PDMR Shareholding
15th Dec 20177:00 amRNSTransaction in Own Shares
13th Dec 20177:00 amRNSTransaction in Own Shares
12th Dec 20177:00 amRNSTransaction in Own Shares
11th Dec 20177:30 amRNSTransaction in Own Shares
8th Dec 20172:33 pmRNSTransaction in Own Shares
8th Dec 201712:37 pmRNSDirector/PDMR Shareholding
7th Dec 20177:00 amRNSRe: Board Appointment
7th Dec 20177:00 amRNSTransaction in Own Shares
6th Dec 20177:00 amRNSTransaction in Own Shares
4th Dec 20178:54 amRNSTransaction in Own Shares
30th Nov 20173:26 pmRNSDirector/PDMR Shareholding
30th Nov 20177:00 amRNSTransaction in Own Shares
28th Nov 20177:00 amRNSTransaction in Own Shares
27th Nov 20177:00 amRNSTransaction in Own Shares
21st Nov 201712:14 pmRNSTransaction in Own Shares
21st Nov 20177:00 amRNSTransaction in Own Shares
20th Nov 20177:00 amRNSTransaction in Own Shares
17th Nov 20177:00 amRNSTransaction in Own Shares
16th Nov 20177:00 amRNSTransaction in Own Shares
15th Nov 20177:00 amRNSTransaction in Own Shares
8th Nov 201711:10 amRNSDirector/PDMR Shareholding
7th Nov 20177:00 amRNSSite Visit
27th Oct 201710:56 amRNSDirector/PDMR Shareholding
23rd Oct 20171:55 pmRNSDirector/PDMR Shareholding
23rd Oct 20171:54 pmRNSDirector/PDMR Shareholding
23rd Oct 20171:49 pmRNSDirector/PDMR Shareholding
10th Oct 201712:30 pmRNSDirector/PDMR Shareholding
5th Oct 20178:45 amRNSHolding(s) in Company
26th Sep 20177:00 amRNSInterim Results
26th Sep 20177:00 amRNSTransaction in Own Shares
25th Sep 20177:00 amRNSTransaction in Own Shares
22nd Sep 20177:00 amRNSTransaction in Own Shares
20th Sep 20177:00 amRNSTransaction in Own Shares
19th Sep 20177:00 amRNSTransaction in Own Shares
18th Sep 20177:00 amRNSTransaction in Own Shares

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.