Irn-Bru maker trading strongly
Irn-Bru and Tizer drinks maker AG Barr was on confident form yesterday as it said trading so far this year had beaten the soaring sales seen amid last year's April and May heatwaves.
Chairman Robin Barr told the firm's Glasgow annual meeting that revenues in the 15 weeks since the end of January had exceeded 2007, despite tough comparisons with the glorious sunshine last spring and early summer.
Mr Barr said: "This is a particularly positive performance in light of the excellent weather experienced during April and May of last year and reflects the continued progress being made across our portfolio."
He added: "Trading conditions are competitive across the soft drinks category but we remain confident at this early stage that we are on course for another successful year."
AG Barr's brands also include Strathmore water and Orangina, which is produced under licence.
Barr's optimism follows a positive update from Vimto maker Nichols, which last week also reported trading slightly ahead of last year despite strong comparatives with April.
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Last Updated:
20 May 2008 8:47 AM
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Source:
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Location:
Yorkshire
