ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

BAG Barr (a.g.) Plc

554.00
-12.00 (-2.12%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Barr (a.g.) Plc BAG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-12.00 -2.12% 554.00 16:35:15
Open Price Low Price High Price Close Price Previous Close
560.00 552.00 564.00 554.00 566.00
more quote information »
Industry Sector
BEVERAGES

Barr (a.g.) BAG Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
26/09/2023InterimGBP0.026505/10/202306/10/202327/10/2023
28/03/2023FinalGBP0.10611/05/202312/05/202309/06/2023
27/09/2022InterimGBP0.02506/10/202207/10/202228/10/2022
29/03/2022FinalGBP0.112/05/202213/05/202210/06/2022
28/09/2021SpecialGBP0.0207/10/202108/10/202129/10/2021
24/09/2019InterimGBP0.0403/10/201904/10/201925/10/2019
26/03/2019FinalGBP0.127409/05/201910/05/201907/06/2019

Top Dividend Posts

Top Posts
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 26/3/2024 09:32 by makinbuks
Solid results, you got your wish on the dividend, justice! More of the same in 2024 based on the first quarter.

Personally I was surprised to see lack of growth in the alternative milk market overall. Growth at Moma impressive but still very small at £10m Revenue

The UK soft drinks market very soft too making the AG result all the more impressive

I did note the comment that while there was cash on the BS they have the capacity to gear up to 2.5X EBITA. Not sure why you'd mention that if strategically it wasn't being considered
Posted at 22/3/2024 17:30 by justiceforthemany
Dividend needs to be hiked to 15p minimum, cover is well over 2x
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 08/11/2023 00:57 by philanderer
Telegraph - Questor update

HOLD
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.

Your Recent History

Delayed Upgrade Clock