Food and Drink: Fundamentals peeking through the clouds for C&C

C&C blamed a prolonged winter for a disappointing set of results to the end of May.

6th July, 2013

C&C blamed a prolonged winter for a disappointing set of results to the end of May, but analysts and agencies have suggested that if the current good weather in Britain and Ireland continues and volumes fail to improve accordingly, other reasons for its trading difficulties might have to be addressed.

In a briefing note published last week, Goldman Sachs identified four risks to its new, lower €5.20 share price target for C&C (previously...

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