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C&C Group Full-Year Results: What The Analysts Said

Published on May 23 2019 8:20 AM in Drinks tagged: Featured Post / C&C Group / Davy / Goodbody / Cantor Fitzgerald / What The Analysts Said / Investec / Paywall

C&C Group Full-Year Results: What The Analysts Said

Irish drinks firm C&C Group has posted a 3.2% increase in net revenue, to €1.57 billion, in its full-year results, boosted by the acquisition of the Matthew Clark and Bibendum businesses last year.

Commenting on the businesses' performance, Stephen Glancey, the group's chief executive, described full-year 2019 as a "transformational year for the company. Despite strong multi-beverage brand-led positions in Ireland and Scotland, access to the wider UK on-trade had always been a challenge.

"The acquisition of Matthew Clark and Bibendum changes this dynamic," Glancey added.

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