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BAG Barr (a.g.) Plc

558.00
0.00 (0.00%)
Last Updated: 13:18:05
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Barr (a.g.) Plc LSE:BAG London Ordinary Share GB00B6XZKY75 ORD 4 1/6P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 558.00 46,253 13:18:05
Bid Price Offer Price High Price Low Price Open Price
558.00 560.00 558.00 553.00 555.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Btld & Can Soft Drinks,water 317.6M 33.9M 0.3046 18.25 618.76M
Last Trade Time Trade Type Trade Size Trade Price Currency
13:23:27 O 65 559.459 GBX

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Barr (a.g.) Forums and Chat

Date Time Title Posts
07/4/202400:10A BAG of Charts831
10/7/200712:41AG Barr - a solid value stock. Anyone interested in value?50
08/9/200218:05BRITISH ENERGY ACTION GROUP2
31/10/200113:38Looks good value (OCT 01)1
14/2/200118:34A G BARR - GOOD NEWS2

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Barr (a.g.) (BAG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:23:27559.4665363.65O
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Barr (a.g.) (BAG) Top Chat Posts

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Posted at 02/4/2024 00:39 by philanderer
D Telegraph Questor

Update: AG Barr


Acquisitions that are bedding down well, a cooling of input cost inflation and future profit margin benefits from an investment programme in production and the supply chain all mean that AG Barr is showing growing profits and dividend with the prospect of more to come, especially as the drinks specialist has a net cash balance sheet.

Granted, this good news has been a long-time coming from the Cumbernauld-based company, which has a market value of £652m. Carbon dioxide shortages, sugar taxes and the pandemic have all tested management, not to say Questor’s patience, but our 6pc capital loss will be all but offset upon receipt of the final dividend of 12.4p a share on 7 June. This takes our total dividends received from the FTSE 250 constituent to 64.4p a share.

Better still, it feels like the company is coming through the worst.

Last month’s full-year results to the end of January show renewed like-for-like sales growth, a double-digit percentage operating margin and return on capital employed, as well as positive free cash flow. Better still, margins could start to expand once more as investment in efficiencies, the purchase of Boost and a reorganisation of how independent retailers are supplied help to fortify core brands such as Scotland’s iconic Irn-Bru, Rubicon and Funkin.

AG Barr is also deftly handling succession planning. When well-respected chief executive Roger White steps down at the end of this month, his replacement will be Euan Sutherland, previously a non-executive director at another soft drinks leader, Britvic.

A forward price-to-earnings ratio of around 15 for the fiscal year to January 2025, coupled with a forward yield of more than 3pc, looks like decent value.

Questor says: hold
Posted at 27/3/2024 13:07 by philanderer
Liberum predicts rerating at AG Barr


Liberum is expecting shares in drinks company AG Barr (BAG) to rerate as the valuation remains significantly below its historic average.

Analyst Anubhav Malhotra retained his ‘buy’ recommendation and target price of 650p on the Citywire Elite Companies plus-rated maker of Irn Bru, which was trading up 1.8%, or 9.5p, at 523p.

Full-year results to the end of January were marginally ahead of expectations and there was no guidance for 2025, although the group noted that cost inflation had returned to normal levels and its supply chain programme is on track, which should support margins next year.

‘The market underappreciates both the sales growth and margin recovery potential of the business,’ said Malhotra.

‘Second-half 2024 saw material margin increases versus the first half. There is potential for additional share buybacks, special dividends, and further acquisitions due to the strong net cash position of £54m.’

Malhotra said the valuation remains ‘30% below historic average and 11%-12% below UK soft drink peers’.

‘As the group delivers on growth and margins, and lower interest rates make the consistent and growing 3.2% dividend yield more attractive, we expect the shares to rerate,’ he said.


citywire.com
Posted at 14/2/2024 14:13 by philanderer
'Eight unusual Valentine's stock picks: Fund managers pick companies from Ferrari to Greggs'


BAG included
Posted at 05/2/2024 14:05 by philanderer
Shore Capital has upgraded its forecast for IRN-BRU maker AG Barr (LON: BAG) which has appointed a new chief executive.

Scotland-based AG Barr’s revenues were £400m in the year to January 2024, which is 26% ahead of the previous year. This includes a full contribution from the Boost drinks business acquired in December 2022. Organic growth was nearly 8%. All the core soft drinks brands grew.

Shore has upgraded its full year pre-tax profit from £47.5m to £49.5m. The broker expects further growth to £52m in 2024-25, although this has not been upgraded.
Posted at 01/2/2024 11:28 by philanderer
AG Barr ready for more acquisition growth, says Liberum


Irn-Bru maker AG Barr (BAG) has boosted its growth potential through acquisitions and there is scope for more purchases, says Liberum.

Analyst Wayne Brown retained his ‘buy’ recommendation and target price of 600p on the drinks manufacturer, which was trading at 569p on Wednesday.

He said the group is on track to expand its earnings margins towards the 14%-15% target for 2026 ‘driven by the capacity enhancement and productivity improvements through its ongoing capital investment programme’.

This programme will also allow for ‘significant synergies to be achieved on the recent acquisitions of Boost and Rio’.

‘Adding brands in fast-growth categories to its portfolio via M&A has improved the group’s growth potential,’ said Brown.

‘A strong balance sheet with £47m in net cash allows for portfolio further value-accretive M&A.’


citywire.com
Posted at 06/11/2023 21:37 by bathcoup
The share price has languished around £5 mark for a long time and in fact it’s no higher than 10 years ago. I can’t help wondering if it’s a sector-wide issue or some problem specific to the company.
Posted at 26/9/2023 22:19 by philanderer
Investors Chronicle

BUY
Posted at 26/9/2023 19:21 by philanderer
Russ Mould, investment director at AJ Bell, said: "Given the wet weather and the impact this could have had on demand, this is a highly creditable outcome and suggests the company's portfolio of products retains strong appeal.

"The affordable luxury of a soft drink is the kind of purchase people are less likely to put off even if they're feeling the squeeze and, if they like the brand, they're unlikely to be discouraged by a few pence being added to the purchase price."

Sharecasr
Posted at 03/8/2023 10:34 by philanderer
Liberum predicts AG Barr rerating despite CEO departure


Irn-Bru maker AG Barr (BAG) should enjoy a rerating once the transitory inflation impact is filtered through, says Liberum.

Analyst Wayne Brown reiterated his ‘buy’ recommendation and target price of 600p on the Citywire Elite Companies plus-rated stock, which nudged up 0.2%, or 1p, to 484p on Wednesday.

The group reported first-half like-for-like growth of 10% driven by both volume and price increases, although it did announce the resignation of chief executive Roger White after more than 21 years.

Brown said the retirement will be a ‘major loss’ as the group had been ‘transformed from a regional soft drinks business into a highly successful multi-beverage, branded company’ under White.

‘We hope that the performance and returns-focused culture built under him will stay with the group,’ Brown said.

‘We upgrade our 2023 estimates by 5% and continue to see significant potential for growth and margin expansion once the transitionary impacts of inflation, which should drive significant earnings growth and a rerating.’



citywire.com
Posted at 28/6/2023 20:00 by philanderer
BAG mentioned..


'Successful stock picking lifts Schroder UK Mid Cap as it beats benchmark'

Schroder UK Mid Cap’s (SCP) net asset value for the six months ending 31 March rose by 18.5%, ‘comfortably’ outperforming the company’s benchmark, the FTSE 250 ex Investment Trusts Index, which returned 15% over the same period.

...Funds were reinvested in drinks maker AG Barr (BAG), providing access to the growing energy drinks market following the firm's acquisition of sports and drinks manufacturer Boost Drinks.
Barr (a.g.) share price data is direct from the London Stock Exchange

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