AG Barr’s (Barr) recent unscheduled trading update (20th July) made for pleasing reading, leading to a 15% upgrade to our FY22 forecasts. Barr has today provided a more detailed breakdown of the Group’s H1 22 outperformance, reflecting both robust underlying demand and some specific one-off events. We leave our recently upgraded FY22 profit expectations unchanged, though we do raise our under review FY23 forecast by 6.4% to EPS of 28.4p. Barr is a very high-quality business in our view, with a s ....
