C&C Group H1 revenues rise, consumer spending squeeze slows on-trade momentum
14th Sep 2022 07:52
(Sharecast News) - Drinksmaker C&C Group said on Wednesday that interim net revenues had risen 35% year-on-year but cautioned that inflationary pressures on consumer spending had led to a slowdown in on-trade momentum.
Read moreC&C hails solid start to year but warns over impact of inflation
7th Jul 2022 08:39
(Sharecast News) - Drinks company C&C reported a solid start to the year on Thursday but struck a cautious note on the potential impact of inflation.
Read moreShore Capital ups C&C to 'buy', highlights depressed valuation
18th Mar 2022 08:24
(Sharecast News) - Shore Capital upgraded drinks maker C&C Group to 'buy' from 'hold' on Friday as it highlighted a depressed valuation and said that with Omicron concerns easing and hospitality reopening, the key on-trade channel should continue to improve over the coming months.
Read moreC&C Group finishes year with 'robust return to trading'
16th Mar 2022 08:07
(Sharecast News) - Drinks maker C&C Group said on Wednesday that it had finished its 2022 trading year with a "robust return to trading", driven by strong consumer demand throughout the period.
Read moreC&C Group H2 trading 'significantly impacted' by renewed restrictions in the UK and Ireland
7th Jan 2022 07:24
(Sharecast News) - Premium drinks company C&C Group said on Friday that its second-half trading performance had been "significantly impacted" by renewed government restrictions across the UK and Ireland, leading the firm to reassess its full-year operating profit guidance.
Read moreC&C Group swings back to profit as hospitality venues reopen
28th Oct 2021 08:12
(Sharecast News) - Magners, Bulmers and Tennent's maker C&C Group said on Thursday that it swung back to a profit in the first half as revenues grew thanks to the reopening of hospitality venues.
Read moreC&C encouraged by recent trading, records 'modest' profit in May
1st Jul 2021 08:17
(Sharecast News) - Drinks manufacturer C&C Group said on Thursday that it has been encouraged by the way trading has recovered since the gradual reopening in April and that it recorded a "modest" trading profit in May.
Read moreBerenberg lowers target price on C&C Group following rights issue
28th May 2021 09:08
(Sharecast News) - Analysts at Berenberg lowered their target price on brewer C&C Group from 345.0p to 292.0p on Friday despite stating the group appeared to be positioning itself for recovery.
Read moreC&C swings to operating loss due to pandemic, announces rights issue
26th May 2021 09:48
(Sharecast News) - Drinks company C&C posted a drop in full-year revenues on Wednesday and said it swung to an operating loss as it took a hit from the pandemic, as it announced a rights issue.
Read moreC&C Group rallies on Berenberg upgrade to 'buy'
19th May 2021 10:12
(Sharecast News) - Berenberg upped its stance on shares of drinks company C&C Group to 'buy' from 'hold' on Wednesday, hiking the price target to 345p from 181p as it pointed to "catalysts galore" for the branded portfolio.
Read moreC&C's Matthew Clark Bibendum hit by cyber attack
19th Apr 2021 07:37
(Sharecast News) - C&C said its Matthew Clark Bibendum (MCB) wholesale business was forced to shut down its computer systems after it was the target of a cyber attack.
Read moreOff-trade volume shares underpin C&C through pandemic year
16th Mar 2021 09:46
(Sharecast News) - Drinks manufacturer C&C Group reported growth in off-trade volume share for its three core brands in a trading update on Tuesday.
Read moreBulmers owner C&C swings to loss in H1
21st Oct 2020 09:23
(Sharecast News) - Bulmers owner C&C said on Wednesday that it swung to an operating loss in the first half as revenues were hit by the Covid-19 pandemic.
Read moreC&C names David Forde as next CEO
9th Jul 2020 09:00
(Sharecast News) - Drinks maker C&C Group named Heineken UK managing director David Forde as its new chief executive officer on Thursday.
Read moreBerenberg raises target price on brewer C&C Group
10th Jun 2020 13:02
(Sharecast News) - Analysts at Berenberg upped their target price on brewer C&C Group from 182.0p to 204.0p on Wednesday but cautioned that the firm's "road to recovery" was not yet clear.
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