AG Barr Shares Plunge on Profit Warning

Drinks maker favoured by Nick Train blames wetter weather and weaker sales for lower-sugar drinks for a profit warning that has pushed shares down 27%

James Gard 16 July, 2019 | 10:35AM
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Irn Bru AG Barr

FTSE 250 drinks firm AG Barr (BAG) is the latest company to issue a profit warning and suffer a severe share price reaction. Shares in the Irn Bru-maker lost almost a quarter of their value, dropping 236p to 632p as it warned full-year profits would be 20% lower than expected and sales 10% lower.

A drop in sales for some of the company’s new reduced-sugar drinks has been blamed for the profit warning, as well as wetter weather.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Finsbury Growth & Income Ord876.00 GBP-0.23Rating
LF Lindsell Train UK Equity Acc504.66 GBP0.28Rating
Lindsell Train Ord1,435.51 GBP-1.85Rating

About Author

James Gard  is content editor for