AG Barr Profits Up 4% As Drinks Maker Prepares For Sugar Tax
AG Barr, the maker of Irn-Bru and Rubicon juices, posted revenue of £277.7 million in 2017, increasing by 8% compared to the previous year.
The soft drinks company saw profit before tax and exceptional items rise 4% to £44.1 million, as gross margin increased by 20 basis points to 47.1%.
AG Barr says that it saw strong trading in its core brands, with Funkin juices and cocktail mixers, in particular, achieving revenue growth of 25%.
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