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Insider UK
Insider UK
Peter A Walker

AG Barr reports half-year profits up by almost a quarter

AG Barr has reported strong sales momentum, with Barr Soft Drinks up 12.3% and the Funkin brand up 21.4% during the 26 weeks to the end of July.

The Cumbernauld-headquartered soft drinks producer also revealed adjusted half-year profits before tax rising 22.8% from £20.6m to £25.3m, on the back of a 20% increase in like-for-like revenue to £157.9m.

The interim results statement also noted that the board has declared an interim dividend of 2.5 pence per share - up from 2p the same time last year.

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