C&C's outlook warning: 5 things we learned

Drop in sterling and price pressures to hit drinks group's full-year profits

10th March, 2017
C&C said full-year revenue fell by 6.9% Pic: RollingNews.ie

The company, which owns the Bulmers cider brand in Ireland and the Tennent’s beer and Magners cider brands in Britain, this morning said that its operating profit for the year to the end of February would be in the region of €94-96m.

This is down from the €103.2m reported in the previous year and slightly lower than analysts had expected, though the company said profit in the second half of the...

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