C&C forecasts weaker sales and profits as cost of living pressures hit branded sales
The Irish drinks company, which owns the Bulmers cider brand, said the poor summer weather and cost of living pressures in Britain had hurt sales over recent months
C&C, the London-listed Irish drinks group, has warned cost of living pressures in Britain, coupled with the poor weather this summer, have led to a slowdown in its business. The company, which owns the Bulmers cider brand, said it expects to report lower half year sales and profits as a result.
On Tuesday, C&C issued a trading update to markets stating that it expects to deliver operating profits in the range of €29 million to ...