A.G. Barr profit fallsChristian Fernsby ▼ | September 22, 2020
A.G. Barr PLC reported Tuesday a fall in pretax profit for the first half of fiscal 2021 on lower revenue hurt by the coronavirus pandemic, and exceptional charges.
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This includes a GBP11.5 million pretax exceptional charge related to the continuing business re-engineering program and impairment of Strathmore brand and assets, A.G. Barr said.
Revenue fell to GBP113.2 million from GBP122.5 million, as the pandemic slashed the hospitality sector. ■