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Insider UK
Insider UK
Peter A Walker

AG Barr reports 17% revenue rise, but warns over DRS impact

AG Barr has reported a 17% year-on-year rise in revenue, from £268.6m to circa £315m.

The Cumbernauld-based drinks producer's financial statement for the year ended 29 January 2023 revealed that this figure was strengthened by an eight-week contribution from the Boost brand, which was acquired on 5 December - as well as a full year of contributions from the now fully-acquired MOMA drinks company.

However, as anticipated, "the inflationary backdrop across the UK continued across the second half of our financial year", with action taken to mitigate these cost pressures.

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