AG Barr 'Well-Placed' Ahead Of UK Sugar Tax Introduction
AG Barr, the maker of Irn-Bru and Rubicon juices, is "well-placed" ahead of the introduction of a UK sugar tax on soft drinks, a leading industry analyst has said.
Phil Carroll of Shore Capital Stockbrokers said that despite current "challenging market conditions", the company "enters the new financial year with a strong, efficient and flexible model and a portfolio, to management’s credit, that is extremely well-positioned to compete post the implementation of the soft drinks tax in April 2018."
Carroll added that Shore Capital was confident that "Barr can continue to deliver growth and value for shareholders in the forthcoming year and beyond."
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