Not all plain sailing for drinks giant C&C

Bulmers cider is one of the biggest brands in the C&C stable
Bulmers cider is one of the biggest brands in the C&C stable

It’s been a tough year for drinks group C&C. In a research note last week, the German bank Berenberg – the world’s oldest private bank, and the world’s oldest merchant bank – described the company’s 2015 in uncharacteristically dramatic terms as an ‘annus horribilis’.

The company grew its net revenue of €683.9 million in 2014 but its operating profit for the year fell ...