Job losses at Cumbernauld-based Irn-Bru manufacturer

Cumbernauld-based soft drinks firm AG Barr has announced it is to make 90 redundancies following a drop in revenues.
By The Newsroom
Published 27th Sep 2016, 15:59 BST
Updated 4th Oct 2016, 13:32 BST
Irn-Bru manufacturers AG Barr, which is headquartered in Cumbernauld, is to lay off 90 staffIrn-Bru manufacturers AG Barr, which is headquartered in Cumbernauld, is to lay off 90 staff
Irn-Bru manufacturers AG Barr, which is headquartered in Cumbernauld, is to lay off 90 staff

The firm, which includes Irn-Bru in its product portfolio, has reported a 2.8 per cent fall in revenue to £125.6million in its six month results up to July 30.

The job losses will come in the company’s commercial, suppluy chain and central functions and are part of a restructuring process planned for completion by the end of the current financial year on January 30, 2017.

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Despite this fall in revenue, the company has posted pre-tax profits of £21.1 million, an increase of 20 per cent compared to the same time last year.

Chief executive Roger White said: “We have delivered a solid first half performance, maintaining market share, improving our operating margin with a slight improvement in our pre-exceptional profit versus the prior year.

“Following our significant investment in assets, infrastructure and systems, delivered through our Fit for the Future business improvement programme, we are announcing the programme’s final phase, a business reorganisation which will create a faster, more efficient and leaner organisational structure.”