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Cumbernauld's AG Barr welcomes sales fizz

Written by Scott Campbell.
 
 
 
 
 
Published at 14:40 GMT on Thursday, July 25th, 2013.

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Picture: courtesy of Bill Henry.
CUMBERNAULD-BASED fizzy pop manufacturer AG Barr has declared that it expects strong growth in the number of sales, for the first half of 2013.

AG Barr, the maker of Irn-Bru – based in the Westfield area of Cumbernauld  - have announced that they expect to report revenues of around £127.5 million for the first six months of 2013, to 28 July -an increase of 4.9 per cent compared to the same time, last year.

Higher than average temperatures are behind the anticipation, AG Barr have said, with the firm’s 2013 second-quarter revenue growth estimated to come in somewhere at 9.8 per cent.

Today’s announcement follows the collapse of a £1.9 billion revised merger proposal with English rival, Britvic, with Britvic themselves also reporting higher sales. 
 
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Pepsi manufacturer Britvic reported today that third-quarter revenues had grown 4 per cent to £316.3m, adding that it was well on track to deliver annual pre-tax profits of between £125m and £131m.

Updates released by the two firms make no mention of the defunct merger, but AG Barr chief executive Roger White said the firm was now in a stronger position, and was keen to grow its business.  

He added: “We will maintain our focus of investing in brands, developing our infrastructure and building an organisation capable of delivering significant long term future growth.”
 
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