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AG Barr defies the economy with rise in profits

Irn-Bru manufacturer AG Barr has defied the lacklustre economy and poor weather to post a 4.3% rise in underlying pre-tax profit for last year and said there remains a "compelling rationale" for a proposed tie-up with English rival Britvic.

Cumbernauld-based AG Barr saw earnings rise to £35m for the year to January 26, up from £33.6m for the previous 12 months.

Revenues were ahead 6.6% at £237.6m.

Chief executive Roger White said: “AG Barr has delivered a robust financial performance and continued to grow well ahead of the UK soft drinks market in the period.

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