Irn Bru maker announces profits rise

Irn Bru

Irn Bru

AG Barr, the company behind Irn Bru, have announced an improvement in sales in the past two months, as well as a sharp rise in profits last year.

With pre-tax profits of £30.4million for the year to January, the company saw a 25% increase on 2009s results, where they made only £24.5million.

Revenues were up 10% to £222.4million, as the firm announced that the rise was down to growth in their biggest brands.

Whilst the results were positive, the company did warn that higher input costs across the industry, and further consumer worry about spending would make things difficult in 2011.

Chief Executive, Roger White said, “AG Barr has maintained its track record of strong financial performance, delivering double-digit sales and profit growth despite the challenging economic environment.”

“The soft drink sector will face tough comparative trading across 2011, as well as further cost volatility and general economic uncertainty.”

The company are also responsible for Orangina, Tizer, Rubicon and Ka drinks, as well as Irn Bru.

Leave your comment

  • (not published)