Upcoming Dividend • Apr 30
Upcoming dividend of UK£0.15 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (3.6%). Announcement • Apr 22
A.G. BARR p.l.c., Annual General Meeting, May 22, 2026 A.G. BARR p.l.c., Annual General Meeting, May 22, 2026. Location: the offices of shepherd and wedderburn llp, 1 west regent street, g2 1rw, glasgow United Kingdom Recent Insider Transactions Derivative • Apr 16
Key Executive exercised options and sold UK£684k worth of stock On the 13th of April, Stuart Lorimer exercised options to acquire 106k shares at no cost and sold these for an average price of UK£6.45 per share. This trade did not impact their existing holding. Since June 2025, Stuart's direct individual holding has decreased from 244.07k shares to 240.92k. Company insiders have collectively sold UK£657k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Apr 06
Final dividend of UK£0.15 announced Shareholders will receive a dividend of UK£0.15. Ex-date: 7th May 2026 Payment date: 5th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 02
A.G. Barr P.L.C. Proposes Final Dividend for the Period Ended 31 January 2026, Payable on 5 June 2026 A.G. BARR p.l.c. have proposed a final dividend in respect of the year ended 31 January 2026 of 15.27p per share. It will be paid on 5 June 2026 to all shareholders who are on the Register of Members on 8 May 2026. For the 2026 financial year, the dividend components per share are: a final dividend of 15.27p (up from 13.76p in 2025) and an interim dividend of 3.44p (up from 3.10p in 2025), resulting in a total dividend payable of 18.71p per share for 2026 compared with 16.86p per share for 2025. Reported Earnings • Mar 31
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: UK£0.42 (up from UK£0.36 in FY 2025). Revenue: UK£437.3m (up 4.0% from FY 2025). Net income: UK£47.1m (up 19% from FY 2025). Profit margin: 11% (up from 9.4% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.7%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. Announcement • Mar 23
A.G. BARR p.l.c. Launches Irn-Bru Zero A.G. BARR p.l.c. announced the formal launch commenced last week of its rebranded and refreshed IRN-BRU 'ZERO' product. IRN-BRU 'ZERO' has been rebranded from IRN-BRU 'XTRA' to better communicate its zero sugar proposition, with a refreshed new look highlighting IRN-BRU's iconic strongman insignia and 'Made in Scotland from Girders' strapline. The launch is being supported by expanded distribution and availability across the UK, and UK-wide advertising and social media campaigns. These campaigns are designed to reach 86% of UK adults seven separate times. Low-calorie carbonates currently account for 50% of category sales and are growing faster than higher-calorie equivalents1. The clearer 'ZERO' positioning and wider availability strengthen A.G. BARR's ability to drive sales across the UK. Rebranding and expanded distribution are key components of A.G. BARR's strategic growth drivers outlined last year, with a series of new product launches being delivered from January 2026 supported by channel expansion initiatives. IRN-BRU, the UK's third biggest flavoured carbonates brand1, celebrates its 125th anniversary this year. The now renamed IRN-BRU 'ZERO' product accounts for approximately 20% of IRN-BRU annual sales, with other products including Regular, Diet and IRN-BRU 1901. This rebranding is the first in the product's 10 year history, and the hugely loved liquid remains completely unchanged with the same extra IRN-BRU taste. Announcement • Mar 03
A.G. BARR p.l.c. to Report Fiscal Year 2026 Results on Mar 31, 2026 A.G. BARR p.l.c. announced that they will report fiscal year 2026 results Pre-Market on Mar 31, 2026 Announcement • Feb 04
A.G. BARR p.l.c. (LSE:BAG) acquired Fentimans Ltd. for £38 million. A.G. BARR p.l.c. (LSE:BAG) acquired Fentimans Ltd. for £38 million on February 3, 2026. The transaction was funded from a mix of cash and debt and expected to deliver cost synergies and margin benefits as integration progresses through FY26/27.
A.G. BARR p.l.c. (LSE:BAG) completed the acquisition of Fentimans Ltd. on February 3, 2026. Announcement • Jan 15
Barr (A.G.) PLC Announces Directorate Changes Barr (A.G.) PLC announced that Mark Allen OBE is standing down from his roles as Non-Executive Chair and Director of A.G. BARR as of 15 January 2026 to focus on his recently extended role at Hilton Food Group plc, where he has moved from Non-Executive Chair to Executive Chair. The Board has initiated an independent process to identify a new Non-Executive Chair. Susan Barratt, Senior Independent Director, will act as Interim Chair until a successor has been appointed. Louise Smalley, Non-Executive Director, will serve as Senior Independent Director during this interim period. Declared Dividend • Oct 02
Final dividend increased to UK£0.034 Dividend of UK£0.034 is 11% higher than last year. Ex-date: 9th October 2025 Payment date: 7th November 2025 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 11
A.G. BARR p.l.c. to Report First Half, 2026 Results on Sep 30, 2025 A.G. BARR p.l.c. announced that they will report first half, 2026 results on Sep 30, 2025 Announcement • Jul 31
A.G. BARR p.l.c. Provides Earnings Guidance for the First Half Ended 26 July 2025 and Full Year 2025/2026 A.G. BARR p.l.c. provided earnings guidance for the first half ended 26 July 2025 and full year 2025/2026. For the first half, the company revenue is expected to be c.£228 million, c.3% up on the prior year (H1 2024/25: £221.3 million).
For the year, the company's revenue and profit growth expectations for the full year are unchanged. Announcement • Jul 30
Ty Nant Spring Water Ltd. completed the acquisition of Strathmore brand and the Forfar production site of A.G. BARR from A.G. BARR p.l.c. (LSE:BAG). Ty Nant Spring Water Ltd. acquired Strathmore brand and the Forfar production site of A.G. BARR from A.G. BARR p.l.c. (LSE:BAG) on July 29, 2025. In related transaction A.G. BARR p.l.c. has acquired a 50.1% equity stake in Innate-Essence Ltd, for an initial consideration of £15 million.
Ty Nant Spring Water Ltd. completed the acquisition of Strathmore brand and the Forfar production site of A.G. BARR from A.G. BARR p.l.c. (LSE:BAG) on July 29, 2025. Announcement • Jul 09
A.G. BARR p.l.c. Announces Appointment of Dr. Rohit Dhawan as Non-Executive Director, Effective on July 29, 2025 A.G. BARR announced that Dr. Rohit Dhawan has been appointed as a Non-Executive Director, and will join the Board on 29 July 2025. Rohit brings over 25 years of experience to the Board, having had an exceptional career focused on transforming businesses through data, AI, and digital innovation, and brings deep expertise from across consumer industries. He is currently Group Head of AI at Lloyds Banking Group plc, having previously held senior roles across globally-renowned or-ganisations such as Amazon, Accenture, SAS, Deloitte, and IBM. Rohit will be a member of the Audit and Risk Committee, Remuneration Committee and Nomination Committee. Upcoming Dividend • May 01
Upcoming dividend of UK£0.14 per share Eligible shareholders must have bought the stock before 08 May 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (3.3%). Announcement • Apr 22
A.G. BARR p.l.c., Annual General Meeting, May 23, 2025 A.G. BARR p.l.c., Annual General Meeting, May 23, 2025. Location: the offices of ernst and young llp, g1 building, 5 george square, g2 1dy, glasgow United Kingdom Recent Insider Transactions Derivative • Apr 14
Finance Director & Executive Director exercised options and sold UK£331k worth of stock On the 8th of April, Stuart Lorimer exercised options to acquire 51k shares at no cost and sold these for an average price of UK£6.54 per share. This trade did not impact their existing holding. Since June 2024, Stuart's direct individual holding has increased from 154.35k shares to 236.06k. This was the only transaction from an insider over the last 12 months. Declared Dividend • Mar 27
Final dividend increased to UK£0.14 Dividend of UK£0.14 is 11% higher than last year. Ex-date: 8th May 2025 Payment date: 6th June 2025 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: UK£0.36 (vs UK£0.35 in FY 2024) Full year 2025 results: EPS: UK£0.36 (up from UK£0.35 in FY 2024). Revenue: UK£420.4m (up 5.1% from FY 2024). Net income: UK£39.7m (up 3.1% from FY 2024). Profit margin: 9.4% (in line with FY 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year. Price Target Changed • Jan 28
Price target increased by 7.5% to UK£7.28 Up from UK£6.77, the current price target is an average from 8 analysts. New target price is 17% above last closing price of UK£6.22. Stock is up 11% over the past year. The company posted earnings per share of UK£0.35 last year. Reported Earnings • Sep 26
First half 2025 earnings released: EPS: UK£0.17 (vs UK£0.19 in 1H 2024) First half 2025 results: EPS: UK£0.17 (down from UK£0.19 in 1H 2024). Revenue: UK£221.3m (up 5.2% from 1H 2024). Net income: UK£18.7m (down 11% from 1H 2024). Profit margin: 8.5% (down from 10.0% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Declared Dividend • Sep 26
First half dividend increased to UK£0.031 Dividend of UK£0.031 is 17% higher than last year. Ex-date: 3rd October 2024 Payment date: 1st November 2024 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Sep 24
Price target increased by 7.3% to UK£6.98 Up from UK£6.50, the current price target is an average from 8 analysts. New target price is 15% above last closing price of UK£6.06. Stock is up 25% over the past year. The company is forecast to post earnings per share of UK£0.34 for next year compared to UK£0.35 last year. Announcement • Sep 24
A.G. Barr P.L.C. Declares Interim Dividend for the 26 Weeks Ended 27 July 2024, Payable on 1 November 2024 The Board of A.G. BARR p.l.c. has declared an interim dividend for the 26 weeks ended 27 July 2024 of 3.10 pence per share (2023/24: 2.65 pence) payable on 1 November 2024 to shareholders on the register on 4 October 2024. Announcement • Sep 04
A.G. BARR p.l.c. Announces Directorate Changes A.G. BARR p.l.c. announces that Mark Allen, has been appointed as a Non-Executive Director and Chair designate of Hilton Food Group plc with effect from 1 October 2024. Mark will become Chair of Hilton Food Group plc from 1 January 2025. Mark will become Chair of Hilton Food Group plc from 1 January 2025. Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: UK£0.35 (vs UK£0.30 in FY 2023) Full year 2024 results: EPS: UK£0.35 (up from UK£0.30 in FY 2023). Revenue: UK£400.0m (up 26% from FY 2023). Net income: UK£38.5m (up 14% from FY 2023). Profit margin: 9.6% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 17
CEO & Executive Director recently sold UK£871k worth of stock On the 12th of April, Roger White sold around 153k shares on-market at roughly UK£5.70 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Roger has been a net seller over the last 12 months, reducing personal holdings by UK£871k. Declared Dividend • Mar 28
Final dividend of UK£0.12 announced Shareholders will receive a dividend of UK£0.12. Ex-date: 9th May 2024 Payment date: 7th June 2024 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 27
A.G. BARR p.l.c., Annual General Meeting, May 31, 2024 A.G. BARR p.l.c., Annual General Meeting, May 31, 2024. Agenda: To consider and approve the election of directors. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: UK£0.35 (vs UK£0.30 in FY 2023) Full year 2024 results: EPS: UK£0.35 (up from UK£0.30 in FY 2023). Revenue: UK£400.0m (up 26% from FY 2023). Net income: UK£38.5m (up 14% from FY 2023). Profit margin: 9.6% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Mar 26
A.G. BARR p.l.c. Announces Board Changes The Board of Directors A.G. BARR p.l.c. announced that Jonathan Kemp has advised the Board that, owing to family health reasons, he will not seek re-election as a statutory director of the Company at its Annual General Meeting scheduled to take place on 31 May 2024 (AGM) and will retire as a director of the Company following conclusion of the AGM. In order to facilitate a smooth leadership transition, Jonathan will continue to lead the Commercial function until 30 September 2024. Thereafter he will remain available to the Company as required for a further twelve month period following which he will retire from the business. The business will commence a recruitment process in due course to identify a successor - this role will not be an executive director Board position. As previously communicated on 26 May 2023, after nine years as a Non-Executive Director, David Ritchie will stand down from the Board with effect from the conclusion of the AGM. David will be succeeded by Louise Smalley as Remuneration Committee Chair. Recent Insider Transactions Derivative • Nov 06
CEO & Executive Director exercised options and sold UK£517k worth of stock On the 3rd of November, Roger White exercised options to acquire 103k shares at no cost and sold these for an average price of UK£5.03 per share. This trade did not impact their existing holding. For the year to January 2017, Roger's total compensation was 28% salary and 72% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2022, Roger's direct individual holding has increased from 376.43k shares to 376.76k. Company insiders have collectively sold UK£1.1m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Oct 25
A.G. BARR p.l.c. (LSE:BAG) acquired Rio Drinks Limited from Hall & Woodhouse Ltd for £12.3 million. A.G. BARR p.l.c. (LSE:BAG) acquired Rio Drinks Limited from Hall & Woodhouse Ltd for £12.3 million on October 24, 2023. The acquisition was entirely funded from the A.G. BARR's strong net cash position.A.G. BARR p.l.c. (LSE:BAG) completed the acquisition of Rio Drinks Limited from Hall & Woodhouse Ltd on October 24, 2023. Reported Earnings • Sep 27
First half 2024 earnings released: EPS: UK£0.19 (vs UK£0.19 in 1H 2023) First half 2024 results: EPS: UK£0.19 (up from UK£0.19 in 1H 2023). Revenue: UK£210.4m (up 33% from 1H 2023). Net income: UK£21.0m (flat on 1H 2023). Profit margin: 10.0% (down from 13% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 26
A.G. BARR p.l.c. Declares Interim Dividend for the 26 Weeks Ended 30 July 2023, Payable on 27 October 2023 The Board of A.G. BARR p.l.c. has declared an interim dividend for the 26 weeks ended 30 July 2023 of 2.65 pence per share (2022/23: 2.50 pence) payable on 27 October 2023 to shareholders on the register on 6 October 2023. Announcement • Aug 01
A.G. BARR p.l.c. Provides Revenue Guidance for the 26 Weeks Ended 30 July 2023 and Earnings Guidance for the Full Year of Fiscal Year 2024 A.G. BARR p.l.c. provided revenue guidance for the 26 weeks ended 30 July 2023. Revenue for the first half of the financial year is expected to be c.£210 million (2022/2023: £157.9 million). The company currently expect its full year of fiscal year 2024 profit performance to be marginally above the top end of analyst expectations. Upcoming Dividend • May 04
Upcoming dividend of UK£0.11 per share at 2.5% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.2%). Reported Earnings • Mar 29
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: UK£0.30 (up from UK£0.25 in FY 2022). Revenue: UK£317.6m (up 18% from FY 2022). Net income: UK£33.9m (up 22% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Chairman Mark Allen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 27
First half 2023 earnings released: EPS: UK£0.19 (vs UK£0.13 in 1H 2022) First half 2023 results: EPS: UK£0.19 (up from UK£0.13 in 1H 2022). Revenue: UK£157.9m (up 17% from 1H 2022). Net income: UK£21.1m (up 49% from 1H 2022). Profit margin: 13% (up from 11% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Beverage industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 05
Upcoming dividend of UK£0.10 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (4.6%). In line with average of industry peers (2.0%). Reported Earnings • Apr 27
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: UK£0.25 (up from UK£0.17 in FY 2021). Revenue: UK£268.6m (up 18% from FY 2021). Net income: UK£27.9m (up 46% from FY 2021). Profit margin: 10% (up from 8.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 9.2%. Over the next year, revenue is forecast to grow 4.9%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 13% per year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Chairman Mark Allen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 31
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: UK£0.25 (up from UK£0.17 in FY 2021). Revenue: UK£268.6m (up 18% from FY 2021). Net income: UK£27.9m (up 46% from FY 2021). Profit margin: 10% (up from 8.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 9.2%. Over the next year, revenue is forecast to grow 4.2%, compared to a 8.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 13% per year. Buying Opportunity • Mar 30
Now 21% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be UK£6.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings is also forecast to grow by 5.3% per annum over the same time period. Buying Opportunity • Feb 04
Now 21% undervalued Over the last 90 days, the stock is up 5.7%. The fair value is estimated to be UK£6.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% per annum over the last 3 years. Earnings per share has declined by 15% per annum over the last 3 years. Reported Earnings • Sep 30
First half 2022 earnings released: EPS UK£0.13 (vs UK£0.017 in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: UK£135.3m (up 20% from 1H 2021). Net income: UK£14.2m (up UK£12.3m from 1H 2021). Profit margin: 11% (up from 1.7% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year. Reported Earnings • May 01
Full year 2021 earnings released: EPS UK£0.17 (vs UK£0.27 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£227.0m (down 11% from FY 2020). Net income: UK£19.1m (down 36% from FY 2020). Profit margin: 8.4% (down from 12% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS UK£0.17 (vs UK£0.27 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£227.0m (down 11% from FY 2020). Net income: UK£19.1m (down 36% from FY 2020). Profit margin: 8.4% (down from 12% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 20
New 90-day low: UK£4.82 The company is down 7.0% from its price of UK£5.17 on 20 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Beverage industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.76 per share. Major Estimate Revision • Jan 26
Analysts update estimates The 2021 consensus earning per share (EPS) estimate increased from UK£0.18 to UK£0.20. No change was made to the revenue estimate which at the last update was UK£227.0m. Net income is expected to grow by 13% next year compared to 22% growth forecast for the Beverage industry in the United Kingdom. The consensus price target increased from UK£4.95 to UK£5.14. Share price stayed mostly flat at UK£4.97 over the past week. Is New 90 Day High Low • Dec 29
New 90-day high: UK£5.31 The company is up 9.0% from its price of UK£4.87 on 30 September 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Beverage industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.57 per share. Is New 90 Day High Low • Nov 11
New 90-day high: UK£5.04 The company is up 15% from its price of UK£4.39 on 12 August 2020. The British market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.22 per share. Is New 90 Day High Low • Oct 24
New 90-day high: UK£5.01 The company is up 14% from its price of UK£4.40 on 24 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.22 per share. Is New 90 Day High Low • Sep 30
New 90-day high: UK£4.87 The company is up 7.0% from its price of UK£4.56 on 02 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.22 per share. Recent Insider Transactions • Sep 24
Board Member recently bought UK£53k worth of stock On the 22nd of September, Jonathan Kemp bought around 13k shares on-market at roughly UK£4.00 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total profits of UK£20.9m, down 35% from the prior year. Total revenue was UK£246.4m over the last 12 months, down 6.9% from the prior year. 
