($1 = 0.8100 pounds) (Reporting by Muhammed Husain in Bengaluru; Editing by Savio D'Souza)
(Adds detail, background)
Jan 31 (Reuters) - A.G. Barr said on Tuesday it
expects its full-year revenue and profit to beat market
expectations, helped by price hikes and steady demand for its
cocktail mixes and beverages.
The company raised prices last year to deal with surging
costs and launched new products as it benefited from greater
at-home consumption of food and drinks that held even after the
pandemic and despite pubs and restaurants reopening.
The maker of the orange fizzy drink Irn Bru forecast revenue
of 315 million pounds ($389 million) for the year ended Jan. 28
and said it expects full-year profit to be slightly ahead of
market expectations.
Analysts expect the group to report an annual revenue of 302
million pounds and a pretax profit of 42.6 million pounds,
according to company-compiled estimates.
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