Analyst Views: What did you think of AG Barr’s performance in the first quarter?
CHARLES PICK | NUMIS
Sales growth in the first 15 weeks is a slight slowdown on the six per cent growth seen in the first seven weeks but AG Barr nevertheless grew at 2.74 times market growth in the period. The comparatives will become tougher as this year unfolds but there is confidence in delivering expectations for the balance of the year.
PHIL CARROLL | SHORE CAPITAL
We believe it has been a solid start to the year for Barr and we leave our forecasts unchanged. In terms of the outlook, the company highlights the ongoing challenges of the consumer environment which remains volatile but it is confident of delivering on its expectations for the year.
DAMIAN MCNEELA | PANMURE GORDON
AG Barr has made a solid start to year with sales in the first 15 weeks of the year…We expect AG Barr to continue to deliver against its organic growth strategy and should benefit from its sponsorship of the Commonwealth Games in Glasgow later this year.