Profits surge by 254% at Bulmers owner C&C

Sales at the drinks company are now over €900 million

Profits have increased at the Bulmers owner

C&C has reported operating profit of €54.9 million for the six months ended 31 August, a 254 per cent jump on the corresponding period last year.

Net revenue at the Bulmers maker increased 35.6 per cent to €903 million, driven by both volume growth and price/mix growth of 25 per cent.

Meanwhile, the group’s adjusted earnings before deductions increased by 132.5 per cent to €71 million, according to interim results from the group.

The company ...