C&C’s share price fell to its lowest level in eight months after saying that difficult trading conditions in the first quarter are expected to persist and full-year operating profit guidance was at the bottom of analysts’ estimates.
C&C fell as much as 9.9 per cent in intraday Dublin trading to €3.73, the lowest since November 2nd.
The shares closed at €3.85, down seven per cent.
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Team Pass
Get a Business Account for you and your team