Barr (A.G.) (BAG)

Sector:

Beverages

Index:

FTSE 250

578.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 590.00p
  • 52 Week Low: 451.50p
  • Currency: UK Pounds
  • Shares Issued: 112.03m
  • Volume: 71,440
  • Market Cap: £647.53m
  • RiskGrade: 132

AG Barr to cut IRN-BRU sugar content

By Michele Maatouk

Date: Wednesday 01 Mar 2017

LONDON (ShareCast) - (ShareCast News) - Soft drinks maker AG Barr confirmed on Wednesday that it plans to reduce the sugar content across its drinks portfolio so that more than 90% of its beverages will contain less than 5g of total sugar per 100ml by this autumn.
Barr said the reformulation programme now includes the IRN-BRU brand, which will see its sugar content reduced in line with changing consumer tastes and preferences.

Last year, the government announced plans to introduce a sugar tax on soft drinks from 2018 as it looks to tackle childhood obesity.

Chief executive Roger White said: "Evidence shows that consumers want to reduce their sugar intake while still enjoying great tasting drinks. We've responded by significantly reducing sugar across our portfolio in recent years, through reformulation and innovation.

"Today's announcement builds on this progress and we are now expanding our successful sugar reduction plans to include our iconic IR-BRU brand. We've worked hard to deliver IRN-BRU's unique great taste, using more of the secret IRN-BRU flavour essence, but with less sugar."

At 0930 GMT, the shares were flat at 520.96.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Barr (A.G.) Market Data

Currency UK Pounds
Share Price 578.00p
Change Today -4.00p
% Change -0.69 %
52 Week High 590.00p
52 Week Low 451.50p
Volume 71,440
Shares Issued 112.03m
Market Cap £647.53m
RiskGrade 132

Barr (A.G.) Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.11% below the market average70.11% below the market average70.11% below the market average70.11% below the market average70.11% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
56.57% above the market average56.57% above the market average56.57% above the market average56.57% above the market average56.57% above the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Income
10.47% below the market average10.47% below the market average10.47% below the market average10.47% below the market average10.47% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
43.29% above the market average43.29% above the market average43.29% above the market average43.29% above the market average43.29% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Barr (A.G.) Dividends

  Latest Previous
  Final Interim
Ex-Div 09-May-24 05-Oct-23
Paid 07-Jun-24 27-Oct-23
Amount 12.40p 2.65p

Trades for 17-May-2024

Time Volume / Share Price
16:35 22,040 @ 578.00p
16:35 162 @ 578.00p
16:35 235 @ 578.00p
16:35 111 @ 578.00p
16:35 183 @ 578.00p

Barr (A.G.) Key Personnel

Finance Director Stuart Lorimer
CEO Euan Sutherland

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