BHP, Rio Tinto shares rise as peer Vale posts smaller-than-feared Q2 profit drop
Investing.com -- U.K.-based beverages firm A.G. Barr has reported a boost in its revenue and pretax profit for fiscal 2025, driven by increased sales of soft drinks.
The company, which owns brands such as IRN-BRU and Funkin, announced a pretax profit of 53.2 million pounds ($68.8 million) for the year ending January 25, marking an increase from 51.3 million pounds in the previous year.
When accounting for exceptional and other one-time items, the adjusted pretax profit saw a 16% increase, reaching 58.5 million pounds. The company’s revenue also experienced growth, rising by 5.1% to reach 420.4 million pounds.
This growth was largely due to an increase in volume sales from its soft drinks portfolio, with the Rubicon brand in particular seeing double-digit revenue growth.
In light of these results, A.G. Barr’s board declared a final dividend of 13.76 pence per share. This brings the full-year payout to 16.86 pence per share.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.