C&C suffers hangover due to statement mistake

The chief executive of the powerful Irish Association of Investment Managers said the credibility of drinks group C&C had been damaged, after it issued an inaccurate trading statement earlier this month.

18th July, 2009

The chief executive of the powerful Irish Association of Investment Managers said the credibility of drinks group C&C had been damaged, after it issued an inaccurate trading statement earlier this month.

Frank O’Dwyer was speaking after the cider maker issued a shock correction to its previous trading statement.

Last week’s revised statement revealed that revenues for the first four months of the year ended June 2009 were down by 5 per...

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