A G Barr, maker of Irn-Bru, has revealed a turnover increase of 5.8% in its interim financial statement. Its turnover has risen to £82.4m for the six months to 26 July, despite the soggy summer season.
Pre-tax profit hit the £11.1m mark and earnings per share rose to 44.16p - up 12.6% on last year.
Barr said that sales were boosted by its partnership with Rockstar Energy, as well as new brands, Taut and Vitsmart. Recently it acquired juice drinks company Rubicon.
Irn-Bru’s continued strong sales have seen ongoing popularity in its Scottish market, and Barr will continue to support the energy drink with consumer and trade activities.
The company’s still fruit drinks brands, Simply and St Clement’s, have seen a combined growth of 23%.
In a statement, the company said: "We completed the £2.85m purchase of a further 20.5-acre site adjacent to our Cumbernauld facility in September. This will not only allow for future expansion, but will also immediately decrease operating costs through increased efficiency of raw-material storage, fewer finished-product stock movements and reduced outside-storage requirements."
[http://www.agbarr.co.uk]
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