AG Barr Continues To Deliver Dynamic Sales Growth

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UK soft drinks producer AG Barr has continued to defy the downturn, posting strong sales growth in its fiscal first half. In the six months to the end of July the firm's net sales increased by 27% to GPB104.7mn, while like-for-like sales rose by 11.5%. Operating profits for the period climbed by 34% while net profit was up by 16% to GBP9.87mn. Commenting on the results Chief Executive Roger White revealed that the firm has benefitted from better year-on-year weather and suggested that sales momentum across the company's portfolio has continued to gain pace.