A.G.Barr PLC (BAG.L)
9 Oct 2015
** Soft drinks group falls c.4 pct, one of the top losers on FTSE-250 midcap index after FY profit warning
LONDON, Sept 22 - British soft drinks group AG Barr said it did not expect to see profit growth this year after poor weather since July dented demand for its products, which include Irn-Bru, Rubicon and Strathmore.
* Adjusted profit on ordinary activities before tax, interest and exceptional items increased by 3.3% to £17.8m
* Half year sales revenue is expected to be c.£128m which is a drop of c.5% on prior year.
* Total group sales, excluding now divested orangina brand and findlays water coolers, declined by 1.1% for 15 weeks to 9 may 2015