AG Barr increases its 2017 full year dividend by 8%

DividendMax Ltd.

AG Barr increases its 2017 full year dividend by 8%

AG Barr 2017 final results

● Statutory profit before tax increased by 4.2% to £44.9m (2017: £43.1m) on revenue up 8.0% to £277.7m (2017: £257.1m)

● Profit before tax and exceptional items increased by 4.0% to £44.1m (2017: £42.4m)

● Gross margin increased by 20bps to 47.1%

● Operating margin before exceptional items decreased by 60bps to 16.2%

● Basic earnings per share before exceptional items increased by 3.4% to 31.30p (2017: 30.26p)

● Basic earnings per share increased by 4.8% to 32.25p (2017: 30.78p)

● Net cash position at year end of £15.0m (2017: £9.7m)

● Proposed final dividend of 11.84p per share (2017: 10.87p) to give a proposed total dividend for the year of 15.55p per share, an increase of 8.0% over the prior year

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