Barr (a.g.) Share Discussion Threads

[philanderer] 18/7/2024 18:30

Scotland's other national drink brand Irn-Bru has launched a new summer promotion in a bid to boost sales with big prizes to be won.

Kicking off from 1 August until the end of the month, the new promotion will offer consumers the chance to win from over 1,000 Irn-Bru branded goodies for the perfect summer party including Irn-Bru BBQs, beach towels and flipflops.

To support retailers with the new giveaway, Barr has said that bespoke POS kits, which include QR codes for shoppers to scan, will be available to store owners.

It will also run across Irn-Bru’s social media channels, further drawing attention to the giveaway with consumers and encouraging them to take part in store


scottishgrocer.co.uk

[philanderer] 08/7/2024 12:53

AG Barr can force growth


Deutsche Bank has spied margin recovery potential at drinks maker AG Barr (BAG) after a visit to its Milton Keynes site.

Analyst Deirdre Mullaney retained her ‘buy’ recommendation and target price of 685p on the Citywire Elite Companies + rated maker of Irn Bru, which rose 2.5% at the end of last year, extending gains to 20% year to date.

Mullaney visited Milton Keynes, which along with its facility in Cumbernauld, Scotland, manufactures 98% of the company’s products.

‘The site has additional capacity as it stands, however, we see scope for further investments in automation, processes, and capacity into the site over the medium term, which is included in the group’s current capex guidance,’ Mullaney said.

She said that this growth in capacity should ‘match supply with future demand’ and underpin the group’s ‘future growth trajectory, which is centred around its four key brands and provides headroom for any potential inorganic opportunities’.

There are other ‘self-help levers’ to pull such as in-housing Boost production and ‘business reorganisation’; and Mullaney said that she ‘remains confident in the margin recovery opportunity for AG Barr’.



citywire.com

[justiceforthemany] 08/7/2024 09:21

Britvic sold for 1315p.

[philanderer] 30/6/2024 22:59

Irn-Bru supplies could face disruption as workers set for nine-day strike over pay

[philanderer] 28/6/2024 14:24

Shareprice stinking the place out today.

[philanderer] 28/6/2024 13:31

Industry stalwart Jonathan Kemp, commercial director at AG Barr, has announced his plans to step down from the role in September this year.

A hugely popular figure in the convenience channel, Kemp announced he would continue as the company’s commercial director until 30 September, in order to allow for a smooth leadership transition.

Thereafter, Kemp will remain available to the company for a further 12-month period, following which he will officially retire.

Kemp joined the company as commercial director in 2003 and has since made a well-respected name for himself across the Scottish convenience sector as well as retail at large.

During his time, he oversaw many witty and memorable adverts for the Irn-Bru brand, which helped to introduce plenty of consumers to a diver named Raoul, how Irn-Bru can get you through problems, as well as a high school musical number about the drink.

Mark Allen, chair of AG Barr, said: “On behalf of the board, I would like to thank Jonathan for his significant contribution to AG Barr for over 20 years.

“As commercial director, he has been instrumental to the growth of the company, with the business in a strong position to continue to grow and develop. We wish him and his family all the very best for the future.”


scottishgrocer.co.uk

[redwing1] 22/6/2024 12:23

What is this cr*p about Barr cola? Not a single reference to it in the results statement and likely a complete irrelevance in terms of sales and profits to the group.

I happen to agree about the undervaluation of AG Barr, but please try to do your research on the company and come up with something more compelling if you want to convince other readers of the investment case.

[justiceforthemany] 21/6/2024 11:40

Far lower P/E than BVIC also.
BARR cola doing very well.
Irn Bru very strong.
800-850p fair price.

[philanderer] 21/6/2024 08:56

Indeed , good brands

[justiceforthemany] 21/6/2024 06:54

Takeover - if Bvic is worth 1250p this is worth far more.
Net cash.
Bvic has a lot of debt.

[philanderer] 04/6/2024 08:57

Chief Exec buying a few yesterday


11,957 @ £6.21 = £74,252.97

[philanderer] 31/5/2024 13:23

And there was no trading update.

[philanderer] 31/5/2024 10:13

Which is at 12 o'clock today.

[philanderer] 28/5/2024 13:52

May get an update with friday's AGM ?

[philanderer] 28/5/2024 10:25

Haven't seen 600p for a while.

[philanderer] 17/5/2024 12:51

'IRN-BRU’s latest ad takes a shot at Scotland’s Euros hopes and hits the back of the net'

[philanderer] 08/5/2024 11:48

xd tomorrow morning or the 12.4p dividend

[philanderer] 30/4/2024 15:45

Deutsche initiates with BUY to 685p

[philanderer] 06/4/2024 23:10

Irn-Bru firm AG Barr set to axe around 100 jobs in Scotland as part of major overhaul

[makinbuks] 02/4/2024 08:27

The question is why is there cash on the balance sheet. Could they deploy funds to generate double digit ROC with modest gearing and if not then buy back shares because by definition you have too much capital employed

[philanderer] 01/4/2024 23:39

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

[philanderer] 27/3/2024 17:09

Splendid day :-)