AG Barr, the maker of Irn-Bru, has predicted a rise in sales of more than a fifth (20%) for the past year to generate revenues of £200m.
In its latest trading statement, the company said profits would be ahead of previous expectations and announced the extension for a further 10 years of its sales and distribution deal with energy drink Rockstar.
AG Barr also confirmed that it would press ahead with the planned closure of the Rubicon depot in Mansfield following a consultation period.
The move, first announced in November, is a result of AG Barr’s purchase of the juice brand in 2008. The company said Rubicon had posted an “excellent overall performance”.
“The business continues to outperform the market,” said chief executive Roger White. “We have successfully integrated the Rubicon business while continuing to improve sales of our existing core business.
“2010 will be a challenging year with significant internal change to manage on top of a continued uncertain economic outlook.”
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AG Barr to close site with loss of 98 jobs (14 November 2009)