(BAG) Barr (AG)
Summary
Buy UK shares for just £1.50. No hidden charges, admin or inactivity fees
|
|
|||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||
| Headline | Source | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
||||||||||||||||
| 26-01-12 | RNS |
|||||||||||||||
|
RNS Number : 2610W Barr(A.G.) PLC 26 January 2012 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONSThis form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
A.G.BARR p.l.c.
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 793 of the Companies Act 2006; or (iii) both (i) and (ii)
both (i) and (ii)
3. Name of person discharging managerial responsibilities/director
A B C Short
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
………………………………
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Non-beneficial as Trustee 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary 12.5p
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Trustee - The A.G.BARR Profit Linked Share Plan ………………………………
8 State the nature of the transaction
Share purchase
9. Number of shares, debentures or financial instruments relating to shares acquired
1,068
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.003%
11. Number of shares, debentures or financial instruments relating to shares disposed
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
13. Price per share or value of transaction
£12.96
14. Date and place of transaction
26 January 2012
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
85,723 - 0.22%
16. Date issuer informed of transaction
26 January 2012
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
………………………………
18. Period during which or date on which it can be exercised
………………………………
19. Total amount paid (if any) for grant of the option
………………………………
20. Description of shares or debentures involved (class and number) ……………………………… ………………………………
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
………………………………
22. Total number of shares or debentures over which options held following notification
………………………………
23. Any additional information
………………………………
24. Name of contact and telephone number for queries
………………………………
Name and signature of duly authorised officer of issuer responsible for making notification
Alison Smith
Date of notification
26 January 2012 END This information is provided by RNS The company news service from the London Stock Exchange More |
||||||||||||||||
| 26-01-12 | RNS |
|||||||||||||||
|
RNS Number : 1957W Barr(A.G.) PLC 26 January 2012 A.G. BARR p.l.c.
Pre Close trading update
A.G. BARR p.l.c. (A.G. Barr), the soft drinks group, today updates the market that trading in the final quarter of the financial year has been strong and ahead of a buoyant total soft drinks market.
It is anticipated that like for like total sales in the final quarter will be more than 12% ahead of the prior year, giving a full year like for like growth of circa 6%. The performance in the final quarter reflects well executed sales plans, a less demanding comparative trading position and excellent consumer demand behind our core brands.
All of our core brands grew during the year. IRN-BRU continues to deliver consistent long term growth throughout the U.K. and our exotic brands, Rubicon and KA, have performed strongly across the year, with a combined growth well into double digits. The Barr brand, benefiting from its excellent value for money positioning, has also continued to perform well ahead of the market.
The Company remains on course to meet our expectations for the financial year ending 28 January 2012.
Overall margins are anticipated to be in line with our expectations despite the continuing volatility in a number of key input costs such as sugar, packaging materials and energy.
Our operational performance has continued to improve in the final quarter of our financial year, as we have further improved the output and efficiency of our manufacturing base.
Over the period our free cashflow generation and balance sheet have remained strong, with net debt reducing in line with expectations.
Outlook
Amid the challenging economic environment A.G. Barr continues to offer choice and value across a wider portfolio of brands and to an increasing number of consumers.
Over the course of the next financial year we expect to see continued pressure on consumers' disposable incomes and further input cost inflation, as well as an increasingly competitive market place. However, we do see sales growth opportunities across our core brands as we continue to drive our product distribution and innovation activities. We will maintain our focus on costs throughout our total operation to ensure our margins are protected.
We are continuing to develop our investment plans regarding our future production capacity in the south of the U.K. and will provide further updates in due course.
A.G. Barr will announce its full year financial results on 26 March 2012.
26 January 2012
Enquiries:
This information is provided by RNS The company news service from the London Stock Exchange More |
||||||||||||||||
| 24-01-12 | RNS |
|||||||||||||||
|
RNS Number : 1022W Barr(A.G.) PLC 24 January 2012
A.G. BARR p.l.c.
Notice of Pre-close Trading Update
A.G. BARR p.l.c., the soft drinks group, will be announcing it's a pre-close trading update for the year ended 28 January 2012 on Thursday, 26 January 2012.
24 January 2012
For further information please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
||||||||||||||||
| 20-01-12 | RNS |
|||||||||||||||
|
RNS Number : 9435V Barr(A.G.) PLC 20 January 2012 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONSThis form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
A.G.BARR p.l.c.
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 793 of the Companies Act 2006; or (iii) both (i) and (ii)
both (i) and (ii)
3. Name of person discharging managerial responsibilities/director
A B C Short
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
………………………………
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Non-beneficial as Trustee 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary 12.5p
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Trustee - The A.G.BARR Profit Linked Share Plan ………………………………
8 State the nature of the transaction
Share purchase
9. Number of shares, debentures or financial instruments relating to shares acquired
370
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.001%
11. Number of shares, debentures or financial instruments relating to shares disposed
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
13. Price per share or value of transaction
£12.475
14. Date and place of transaction
19 January 2012
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
84,655 - 0.22%
16. Date issuer informed of transaction
20 January 2012
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
………………………………
18. Period during which or date on which it can be exercised
………………………………
19. Total amount paid (if any) for grant of the option
………………………………
20. Description of shares or debentures involved (class and number) ……………………………… ………………………………
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
………………………………
22. Total number of shares or debentures over which options held following notification
………………………………
23. Any additional information
………………………………
24. Name of contact and telephone number for queries
………………………………
Name and signature of duly authorised officer of issuer responsible for making notification
Alison Smith
Date of notification
20 January 2012 END This information is provided by RNS The company news service from the London Stock Exchange More |
||||||||||||||||
| Result Pages: 1 | ||||
| Date/Time | Subject | Author | ||
|---|---|---|---|---|
| 08-04-11 | ||||
|
|
||||
|
|
||||
|
One to watch: Aberdeen Asset Management
Published Date: 08 April 2011 By Craig Yeaman of Saracen Fund Managers Aberdeen Asset Management has been reinvented over the past few years from a business caught up in the split capital scandal to one that is now thriving. After a series of acquisitions, it has become a diversified global asset gatherer that is focussed on the institutional market, with the group being particularly strong in Asia and global emerging equities. The share price has weakened on negativeADVERTISEMENT sentiment surrounding emerging markets and following the earthquake in Japan leading to fears of fund outflows. The fundamentals remain favourable however in terms of emerging markets and global growth. The balance sheet historically has been littered with exceptionals and write-offs but the focus is now on organic growth and improving cash conversion. The most recent set of results showed impressive momentum that should enable Aberdeen to increase dividends handsomely over the coming years. In addition, net debt has been quickly reduced and the forecast is for a position of net cash this year which creates scope for share buy backs. Aberdeen Asset Management 214.1p -0.5p Scotsman says BUY • The value of your investment could fall and you may get back less than you invested. Take professional advice if you have any doubt about the suitability of this company for your portfolio. BROKER SNAPS AG Barr 1,268p +5p Broker says BUY IRN-BRU maker AG Barr is continuing to out-perform its market, according to house broker Investec. Analyst Nicola Mallard said: "We continue to expect Barr to trade at a premium to consumer sector averages, but in line with other branded drinks operators such as Pernod and LVMH. Our target price is 1,345p." G4S 259.1p -0.9p Broker says 'TOP PICK' RBC Capital Markets has reiterated its "top pick" rating on security firm G4S. RBC said: "We believe G4S represents a long-term growth investment, which benefits from inflation, its position with the UK government – which it has proven via recent contract gains – and an increasing emerging market exposure." http://thescotsman.scotsman.com/business/One-to-watch-Aberdeen-Asset.6747928.jp |
||||
| 29-03-11 | ||||
|
|
||||
|
|
||||
|
Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/0/271ccba0-596f-11e0-bc39-00144feab49a.html#ixzz1HxnY5ec5
AG Barr buoyed by range expansion By Michael Kavanagh Published: March 28 2011 23:00 | Last updated: March 28 2011 23:00 Strong sales growth helped AG Barr, the Scottish beverage maker behind the Irn Bru brand, narrowly exceed analysts’ full-year expectations. Roger White, chief executive, said the Lanarkshire-based company was benefiting from a second year of a general improvement in sales in soft drinks across the UK as consumers seek cheap treats while they continue to ride out economic uncertainty. Sales of Irn Bru, a carbonated soft drink and Scotland’s leading grocery brand, which outranks Coca-Cola and Pepsi in its traditional heartland, grew 4 per cent overall, but jumped 10 per cent in northern England where AG Barr has been concentrating its marketing power. However, the company benefited more from sales growth in other brands, which saw Irn Bru’s total contribution to group sales fall to 48 per cent. Its range of Barr-branded traditional carbonated drinks, which include drinks such as cherryade, cream soda, raspberryade and dandelion and burdock, jumped 22 per cent. The range claims to deliver a “cosy glow as you remember how pop used to taste” with packaging designed to appeal to the growing market of age 45-plus consumers. Sales of its Rubicon range of drinks based on exotic fruits such as papaya, lychee and mango, rose 22 per cent. AG Barr bought the Rubicon business for £60m in 2008 and has almost doubled its sales. However, the company took small writedowns on three brands, including its Taut sports drink and Vitsmart vitamin-enhanced water brands, as it stopped promoting some of the range. Turnover rose from £201.4m to £222.4m and pre-tax profits were up from £24.5m to £30.4m in the year to January 29. A recommended final dividend of 18.66p gives a total of 25.41p for the year, up 10 per cent and covered by earnings per share of 58.8p (46.5p). The shares, up 23 per cent over the past year, rose 46p to close at £12.01 on Monday. |
||||
| 28-03-11 | ||||
|
|
||||
|
|
||||
|
Investment boosts AG Barr
Created: 28 March 2011 Written by: John Hughman The improvements to distribution put in place over the past few years continued to reap rewards for soft drinks maker AG Barr last year, helping the maker of niche favourites such as Irn Bru and Rubicon tap into growth opportunities outside of their core markets. Scottish favourite Irn Bru made strong headway in the north east of England, where it grew at nearly twice the rate if the wider market. Rubicon - a favourite tipple among Afro-Carribean communities in the UK - has now doubled sales since being bought by Barr in late 2008, and the group is investing in brand development to further widen its appeal. Volumes rose despite some hefty price increases, especially at Rubicon which had to tackle soaring mango pulp prices - alongside higher utility and plastic costs. That meant cost inflation of 2-3 per cent, and chief executive Roger White expects further cost increases of 4-5 per cent this year. Improved efficiency in manufacturing and distribution should offset this inflationary pressure, as well as further price increases, but Mr White warned that promotional activity across the market could "step up a notch" as economic worries hit consumers. Broker Altium expects underlying pre-tax profits of £33.4m and EPS of 63.8p in the year to January 2012 (from £31.6m and 60.9p last year). AG BARR (BAG) ORD PRICE: 1,188p MARKET VALUE: £ 462m TOUCH: 1,181-1,187p 12-MONTH HIGH: 1,355p LOW: 874p DIVIDEND YIELD: 2.1% PE RATIO: 20 NET ASSET VALUE: 300p* NET DEBT: 14% Year to 29 Jan Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p) 2007 142 16.4 34.9 17.5 2008 148 20.8 43.4 19.5 2009 170 23.2 44.6 21.0 2010 201 24.5 46.8 23.1 2011 222 30.4 58.8 25.4 % change +10 +24 +26 +10 Ex-div:04 May Payment:02 Jun *Includes intangible assets of £74.9m or 193p a share Guide to the terms used in IC results tables. More analysis of company results IC VIEW: FairlyPriced Barr's strategy is to squeeze every drop of value from its niche brands, and strong operational improvement means there's more to come. But that's fully reflected in a forecast PE ratio of 18.6. Fairly priced. Last IC View: Fairly priced, 1,251p, 28 September 2010 |
||||
| 10-01-11 | ||||
|
|
||||
|
|
||||
|
Thanks for commentary Anchises. Great to get another opinion. I just sold up my Nichols holding after the recent share price jump. Rising commodity prices certainly place pressure on the cost of goods especially for smaller players that have greater difficulty passing on the costs to the big grocery multiples. However, as you say Nichols have coped just fine and they are considerably smaller.
What is pricking my interest in AG is their considerable growth in the Impulse/Convenience channel. Given most sales in this area are in the highly profitable lines (eg. 500ml Irn Bru), I'm guessing the year end report may surprise the market and hopefully give the share price a similar jump. |
||||
|
|
||||
They have not been approved or issued by Interactive Investor Trading Limited.
Editor's Pick:
What's in store today....Editor's Pick:
More positive diamond results for StellarEditor's Pick:
Vodafone ditches Greek dealEditor's Pick:
Revenues up at Vane after high-grade productionEditor's Pick:
George Godber - Where to look for eurozone exposureEditor's Pick:
Hybridan's Small Cap WrapEditor's Pick:
Stock to Watch: Walker GreenbankEditor's Pick:
View from the top: Ortac Resources interviewEditor's Pick:
Buy-to-lets to steam ahead in 2012
Share
