AG Barr (GB:BAG) has released an update.
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A.G. Barr, known for its popular brands such as IRN-BRU and Rubicon, has reported strong first-half financial results with a 5.2% increase in revenue and an 8.5% rise in adjusted profit before tax, signaling robust growth and successful execution of its strategic initiatives. Despite a slight decrease in net cash and a drop in reported profit before tax due to one-off costs, the company is confident in its growth prospects and ongoing margin improvement program. Shareholders can also look forward to a 17% increase in interim dividend per share, reflecting the company’s solid performance and positive outlook.
For further insights into GB:BAG stock, check out TipRanks’ Stock Analysis page.