Irn-bru maker AG Barr to report revenue hike

Irn-bru maker AG Barr will next week serve up a steady rise in annual sales as it brushes aside economic uncertainty and battles challenging conditions in the soft drinks industry.

Full-year results, due to be published on Tuesday, are set to show that revenue topped £277 million, which would mark a rise of about 5 per cent on the previous year.

It follows the release of a trading update in January when the firm said there had been a “continued positive trading performance” across the 52 weeks ending 26 January.

The group, which also makes Rubicon and Tizer, told investors: “The impact of the soft drinks industry levy has been evident across the UK soft drinks market with value growth significantly outstripping volume in the period. Having taken the opportunity to drive our volume growth during this period, we expect to return to a more value-led trading strategy in 2019.”