C&C Group FY profits rise, dividend reinstated

24th May 2023 09:30

(Sharecast News) - Bulmers and Magners owner C&C Group posted a jump in full-year profit and revenues on Wednesday amid higher volumes and prices, and reinstated its dividend.

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C&C Group FY profits rise, dividend reinstated

24th May 2023 09:30

(Sharecast News) - Bulmers and Magners owner C&C Group posted a jump in full-year profit and revenues on Wednesday amid higher volumes and prices, and reinstated its dividend.

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Shorecap puts C&C Group under review after CEO departs, €25m hit

19th May 2023 08:59

(Sharecast News) - Analysts at Shore Capital have put their 'buy' recommendation on Magners cider maker C&C Group under review after the company announced the departure of its CEO and a €25m hit from problems implementing a software upgrade at its Matthew Clark and Bibendum (MCB) unit.

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C&C sees jump in FY profit, revenue despite 'challenging' backdrop

23rd Mar 2023 07:53

(Sharecast News) - Bulmers and Magners owner C&C Group said on Thursday that it expects to report a jump in full-year revenues and operating profit despite a challenging backdrop, and to resume dividend payments later in the year.

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C&C Group says FY results to be hit by consumer costs

13th Jan 2023 07:26

(Sharecast News) - Bulmers cider maker C&C Group said annual results would be hit by the cost of living crisis affecting consumers.

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C&C Group H1 profits surge, warns of 'challenging' H2 outlook

27th Oct 2022 08:52

(Sharecast News) - Drinks maker C&C Group said on Thursday that both underlying earnings and operating profits had surged in the six months ended 31 August, driven by increased revenues and stronger margins, but cautioned that .

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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.

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C&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.

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Shore 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.

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C&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.

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C&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.

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C&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.

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C&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.

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Berenberg 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.

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C&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.

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