Soft drinks supplier A G Barr is expected to see revenues of £227m for the financial year 20/21, though sales have been disrupted by the closure of hospitality.

With revenue down approximately £28.7m year-on-year (2019/20: £255.7m), the group has said its results remain marginally ahead of its revised guidance issued in July 2020.

Operating margin before exceptional items is expected to be in line with 2019, leading to a profit before tax and exceptional items performance ahead of market expectations.

The first four months of its H2 trading was “in the upper end” of the group’s scenario plans, but coronavirus developments and restrictions from December 2020 took a toll on sales, “most notably in the hospitality and ‘drink now’ categories.”

The business expects to end the year with around £50m net cash at bank.

“I am pleased with the performance we have delivered against a very difficult backdrop which further demonstrates the underlying resilience of our people, business and brands,” said CEO Roger White.

“We expect the months ahead to be challenging for everyone however I remain confident in our ability to navigate these very uncertain times.”

The full results are expected on 30 March 2021.

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