Barratt Developments (BDEV)

Sector:

Household Goods

Index:

FTSE 100

509.80p
   
  • Change Today:
      3.00p
  • 52 Week High: 566.40
  • 52 Week Low: 392.30
  • Currency: UK Pounds
  • Shares Issued: 974.59m
  • Volume: 1,541,833
  • Market Cap: £4,968.47m
  • RiskGrade: 174

AG Barr LFL revenues rise in H1

By Iain Gilbert

Date: Tuesday 02 Aug 2022

LONDON (ShareCast) - (Sharecast News) - Drinks maker AG Barr said on Tuesday that interim revenues were expected to be approximately £157.0m, representing 19% like-for-like growth in revenues and a 16% rise on a reported revenue basis.
AG Barr stated its "strong revenue performance" reflected continued positive momentum across all of its business units - Barr Soft Drinks, Funkin, and MOMA.

The London-listed group highlighted that said growth had been driven by ongoing brand investment and the successful execution of its pricing and promotional activity and added that its trading performance also further benefited from a year-on-year Covid recovery across the market, particularly in the on-trade and out-of-home sectors, as well as "exceptional British summer weather" in recent weeks.

Looking forward, AG Barr said it anticipates that the UK's current high level of inflation will continue throughout the remainder of the year, with economic conditions becoming "increasingly challenging".

Chief executive Roger White said: "Our brands are performing well and our business has continued to demonstrate both its resilience and flexibility.

"While not immune to the current cost inflationary pressures experienced across the UK, looking forward into the second half of the financial year, we remain confident of delivering a full-year profit performance ahead of the prior year and in line with board expectations."

As of 1005 BST, AG Barr shares were down 0.60% at 539.72p.



Reporting by Iain Gilbert at Sharecast.com

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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.

 

BDEV Market Data

Currency UK Pounds
Share Price 509.80p
Change Today 3.00p
% Change 0.59 %
52 Week High 566.40
52 Week Low 392.30
Volume 1,541,833
Shares Issued 974.59m
Market Cap £4,968.47m
RiskGrade 174

BDEV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.48% above the market average62.48% above the market average62.48% above the market average62.48% above the market average62.48% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Price Trend
31.09% above the market average31.09% above the market average31.09% above the market average31.09% above the market average31.09% above the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Income
51.70% above the market average51.70% above the market average51.70% above the market average51.70% above the market average51.70% above the market average
15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average
Growth
44.96% below the market average44.96% below the market average44.96% below the market average44.96% below the market average44.96% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 6
Sell 2
Strong Sell 0
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BDEV Dividends

  Latest Previous
  Interim Final
Ex-Div 11-Apr-24 28-Sep-23
Paid 17-May-24 03-Nov-23
Amount 4.40p 23.50p

Trades for 24-May-2024

Time Volume / Share Price
16:44 12,835 @ 511.46p
16:44 12,835 @ 511.21p
16:44 7,761 @ 511.46p
16:44 7,761 @ 511.21p
16:35 64,152 @ 510.55p

BDEV Key Personnel

COO Steven J Boyes
Chair Caroline Silver

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