Poor weather dilutes C&C first quarter

C&C Group, the Magners cider brewer, said poor weather in the UK and Ireland resulted in weak cider numbers for the first quarter but it remains confident in earnings growth for the full year.

C&C Group, the Magners cider brewer, said poor weather in the UK and Ireland resulted in weak cider numbers for the first quarter but it remains confident in earnings growth for the full year.

Operating profit for the full financial year is expected to be in the range of €112m to €118m, it said.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.