The fizz has returned to Irn Bru maker AG Barr after the firm reported “renewed sales momentum” late last year following a slower third quarter.
The Cumbernauld-based firm said its trading performance for the three months to January 25 is expected to be well ahead of the total soft drinks market, with growth of more than 5%.
Full-year revenue is expected to be around £259 million, representing a year-on-year uplift of around 2%.
Removing the impact of lost Orangina revenue after Barr’s exit from its contract with Lucozade Ribena Suntory Group, like-for-like sales growth would have been 3%.
The firm said all its core brands, which also include Strathmore Water and Tizer, performed well across the year in a period of low market growth in soft drinks.
It added that it is on course to meet its financial targets for the year and was looking ahead with confidence.
