Irn-Bru maker AG Barr has reported revenue growth, despite continued supply chain disruption affecting parts of its business.
The Cumbernauld-based drinks group said sales rose strongly in the period, supported by demand across its core brands, including Irn-Bru and Rubicon. The company also benefited from pricing actions, although it said it remained cautious about passing on the full impact of inflation to customers.
Pre-tax profits increased as the business delivered what it described as a strong first half. Like-for-like sales were up 10.4%, while total revenue climbed 33.2% to £210.4m.
AG Barr said the result reflected robust consumer demand and a focus on value in a challenging trading environment.
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“We chose not to pass on the full impact of cost inflation to customers in order to remain focused on offering consumers great value, affordable brands in an uncertain and challenging economic environment,” the company said.
The group added that its cocktail mixes and soft drinks portfolio both performed well over the period, helping to offset wider market pressures.
The latest update suggests AG Barr continues to benefit from the strength of its brand portfolio, even as supply chain issues and inflation shape the wider drinks market.
