Irn-Bru maker A.G. Barr flags margins hit in short term

© Reuters. FILE PHOTO: Bottles of Irn-Bru drink, produced by drinks manufacturer A.G. Barr, are displayed in a supermarket in London, Britain, March 25, 2023. REUTERS/Toby Melville/

(Reuters) – A.G. Barr on Tuesday warned of a hit to its operating margins in the short term due to inflationary pressures and acquisitions, even as the Irn-Bru maker forecast annual profit growth in line with its expectations.

The warnings comes after the beverage maker reported a 13.3% rise in adjusted profit before tax for the year ended Jan. 29 to 43.5 million pounds ($53.58 million).

($1 = 0.8119 pounds)