Develop products (drinks in this case) that people love.Like most branded consumer goods companies, AG Barr has five main tasks: A very experienced, narrowly focused, vertically integrated business Various Barr family members remained as chairman until 2009 and over the 100 years and more since the company was founded, AG Barr has done little else but develop, manufacture, and sell branded soft drinks. In 1903, that business was incorporated as A.G. In 1887, Robert’s son started a second Barr soft drinks business in Glasgow. Robert Barr first produced “aerated drinks” in 1873 at Burnfoot Lane, Falkirk, when the introduction of bottles with screw lids began to undermine the Barr family’s existing corking business. AG Barr has been a soft drinks business for more than a century To answer that, I'll begin with a review of the company and its future prospects and then try to estimate its fair value. So the question is: Is a 2% yield enough, given AG Barr's growth prospects, or does that low yield simply reflect an unattractive valuation? Barr is already popular among UK dividend investors, but popularity has its downsides at its current share price of £5.70, the company's dividend yield is a mere 2.1%. Its core product, IRN-BRU, is known as “Scotland’s second national drink” and it's one of few soft drinks in the world to consistently outsell Coca-Cola in its home market.Īnd like Coca-Cola, AG Barr has a long and successful history, generating attractive returns on capital and relatively consistent dividend growth. BARR ( OTCPK:BAGFF) is a thorn in the side of The Coca-Cola Company ( KO). ![]() Georgeclerk/iStock Unreleased via Getty ImagesĪ.G.
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