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A.G. Barr expects annual revenue to slip up to 15%

Published 28/07/2020, 07:36
© Reuters. FILE PHOTO: A man drinks from an Irn Bru bottle in Perthshire, Scotland
BAG
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(Reuters) - A.G. Barr Plc (L:BAG), best known for Scottish fizzy drink Irn-Bru, said on Tuesday it expected revenue to fall by up to 15% this year, while reporting a recovery in its hospitality and 'on the go' segments as coronavirus curbs eased in recent weeks.

© Reuters. FILE PHOTO: A man drinks from an Irn Bru bottle in Perthshire, Scotland

The London-listed soft drinks maker said the outlook was based on the company's assumption that the UK would not enter into a further significant period of lockdown, along with estimated adjustment for Rockstar energy drink no longer being part of its portfolio for the final quarter.

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