Signs of recovery at AG Barr

IRN-BRU maker AG Barr (LON: BAG) was hit be forecast downgrades last year, but they are going the other way in 2020.

Shore Capital has edged up its 2019-20 pre-tax profit forecast from £36.1m to £37.1m. This is a return to normality for the soft drinks maker, which has a good track record and does not normally disappoint like to it did last year.

The profit forecast still represents a downturn on the £45.2m profit made in the year to January 2019 and, for the moment, there is little recovery expected this year.
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In the year to January 2020, revenues are expected to dip from £27...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.