A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks, Funkin cocktail mixers and MOMA foods, said its 2024-25 revenue  is expected to grow 5% to £420 million.

In a trading update for the full year ended January 25, 2025, Barr said its full year adjusted operating margin is expected to show strong improvement to 13.5% (2023-24:12.3%), helping to drive double digit profit growth.

Barr said all of its three core soft drinks brands — Irn-Bru, Rubicon and Boost — performed strongly. 

“Rubicon was the stand-out performer, achieving another year of double digit revenue growth,” said the firm.

“Irn-Bru, also delivered strong revenue growth and is now one of the top five carbonates in the UK. The Boost strategy, to focus on value over volume and synergy benefits, gained momentum in H2 with a step up in profitability. 

“The brand is now fully integrated into our commercial operation and the insourcing of manufacturing remains on track …

“Funkin’s ready-to-drink business continued to grow at pace through retail distribution gains and innovation.  This went some way to mitigate on-going challenges within the on-premise market …”

Barr CEO Euan Sutherland said: “A.G. BARR is in line to deliver another year of strong top line growth, margin improvement and cash generation. 

“These headline metrics highlight excellent progress towards our long-term financial goals. We have sustained brand momentum despite the well trailed wider market pressures, and continue to make good progress towards our margin target.

“We are committed to consistent long-term revenue growth and have confidence in further margin improvement as per our previous guidance.  Our expectations for 2025/26 are unchanged and in line with market expectations.”