Barr (a.g.) Share Discussion Threads

[bathcoup] 06/11/2023 21:37

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.

[scotches] 25/10/2023 08:41

AG Barr has continued an acquisition spree which is reducing the company’s reliance on its renowned IRN BRU brand with a deal worth more than £10m.

The company is paying £12.3m to buy the Rio fruit drinks brand from the Hall and Woodhouse pubs and brewing business.

The deal underlines the potential that Cumbernauld-based AG Barr sees in Rio. It comes ten months after AG Barr acquired distribution rights for Rio through the acquisition of the Boost energy drinks business for up to £32m.

AG Barr’s chief executive Roger White said the company had moved quickly to secure the long-term position of the Rio brand within its wider portfolio.

He said the deal allowed AG Barr to realise the benefits of full brand ownership and support Rio's continued growth, adding: “This acquisition is a further positive indication of our strategic ambitions."

The strategy involves extending AG Barr’s portfolio to increase its exposure to markets that directors reckon have long term growth potential. This will reduce the company’s reliance on the core IRN BRU brand.

[harry_david] 24/10/2023 11:45

All moving in the right direction. It is a great position to be cashed up in today's financial climate.

[philanderer] 24/10/2023 11:04

Acquisition..

[philanderer] 23/10/2023 20:10

Up through 500p on 270k shares traded.

[philanderer] 15/10/2023 00:21

Strike action among A. G. Barr drivers suspended amid potential breakthrough in pay dispute

[philanderer] 29/9/2023 12:47

Union members employed by a Scottish soft drinks manufacturer are to strike on Friday, warning the company is “tarnishing its reputation” as industrial action continues.

Unite union members employed by Irn Bru manufacturer AG Barr will take strike action at 12.01am on Friday after stating a pay increase “represents a significant real-terms pay cut”.

[philanderer] 26/9/2023 22:19

Investors Chronicle

BUY

[justiceforthemany] 26/9/2023 19:46

Good results, perhaps put all that cash in a decent savings account!

[philanderer] 26/9/2023 19:21

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

[makinbuks] 26/9/2023 17:29

Excellent set of results, you couldn't ask for much more from the management, just disappointing that the exchequer took all the additional profit. A pretty clear indication of how investment is going to suffer if we don't get CT rates back down sharpish

[philanderer] 08/9/2023 14:04

A.G. Barr employees are set to picket outside the headquarters of the fizzy drinks giant later today, September 8, as their pay dispute with the company continues.

Workers for the business, who are famous for producing Irn-Bru, will gather at Westfield House in Cumbernauld between 10.30am and 11.30am amid ongoing talks.

This latest 24 hour stoppage is one of many organised by Unite with the first taking place on August 11 and the final stoppage due to take place on October 6. There has also been a continuous ban on overtime since August 8.

Workers backed strike action by 83 per cent.

[philanderer] 04/9/2023 00:10

Eddie Stobart embroiled in trade union’s call for legal action over ongoing dispute



call-for-legal-action-over-ongoing-dispute

[philanderer] 01/9/2023 14:37

Investors Chronicle:


A consumer stock poised to fizz again

Recent acquisitions could recharge this iconic beverage business’s bottom line

[philanderer] 30/8/2023 14:03

D Telegraph today

Questor tip

HOLD

[harry_david] 29/8/2023 18:05

I agree, in any case it is only a temporary problem. Generally the company appears to be getting a new lease of life.

[justiceforthemany] 29/8/2023 17:58

Should be no disruption at all as the company has made other arrangements on these Fridays, using temp agency workers instead.

[philanderer] 25/8/2023 14:16

A.G. Barr workers to resume strike action as Unite accuses soft-drinks giant of ‘anti-union’ tactics

[harry_david] 21/8/2023 08:28

The market says somebody likes it!

[philanderer] 20/8/2023 16:21

BRU-TIFUL I tried new Irn Bru energy drinks – Red Bull and Prime have serious competition, lip-smacking flavours are a winner

[philanderer] 11/8/2023 12:12

'Threat to Irn-Bru supplies as driver strike begins'

The first in a series of nine 24-hour stoppages begins after workers at Irn Bru factory rejected a 5% pay offer.

[philanderer] 07/8/2023 14:27

AG Barr to make IRN-BRU energy drink

PWR-BRU will be available in four different flavours from the end of the month


The makers of IRN-BRU are making a new energy drink called PWR-BRU which will hit the shelves at the end of the month.

It will be available in four different flavours and promises to "pack a punch".

‘Origin’ Original captures the unmistakable flavour of IRN-BRU, whilst ‘’Diablo’’ Cherry, ‘’Maverick’’ Berry and ‘’Dropkick’’ Tropical complete the bold line-up.

[makinbuks] 03/8/2023 12:35

Very much in agreement with that, below £5 its a strong buy. The trading rage is £5 - £6 but its going to take some time to get to the top of that. If labour beat the SNP in the forthcoming byelection that might provide a spur if the return scheme is perceived to be dead

[philanderer] 03/8/2023 10:34

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