DUBLIN--(BUSINESS WIRE)--
AGM Trading Update
Dublin, London | 5 July, 2018: C&C Group plc (“C&C” or the
“Group”), a leading manufacturer, marketer and distributor of branded
cider, beer, wines, spirits and soft drinks today issues a trading
update covering the period from 1 March 2018 to the date of this
statement.
Trading has been positive across all our key markets, helped by good
weather and the World Cup. In Scotland, since the introduction of
Minimum Unit Pricing on 1 May, consumer reaction has been broadly in
line with our expectations. In Ireland, good early summer weather has
helped Bulmers return to moderate volume growth in the year-to-date.
We continue to make progress in improving service levels and operational
performance at Matthew Clark Bibendum. Our new, experienced senior
management team are all now in post and engaged in stabilising the
business.
Stephen Glancey, CEO, commented:
“As announced on 24 May, Sir Brian Stewart will be stepping down
after eight years as Chairman from today’s AGM. I would like to take
this opportunity on behalf of the Board of thanking Sir Brian for his
outstanding contribution to the Board and the Company through this
period of significant change for the business.
I also welcome our new Chairman, Stewart Gilliland, who joined the
Board as a non-executive Director in 2012 and has extensive industry and
sector experience”.
ENDS
Contacts
C&C Group plc
Stephen Glancey | Group Chief Executive
Jonathan
Solesbury | Chief Financial Officer
Joe Thompson | Head of Investor
Relations
Tel: +44 7980 844 580
Email: [email protected]
FTI Consulting
Mark Kenny
Jonathan Neilan
Tel:
+353 1 765 0800
Email: [email protected]
Novella Communications
Tim Robertson
Toby Andrews
Tel:
+44 203 151 7008
Email: [email protected]
About C&C Group plc
C&C Group plc is a premium drinks company which owns, manufactures,
markets and distributes branded beer, cider, wine, soft drinks and
bottled water. C&C Group brands include: Bulmers the leading Irish cider
brand; Tennent’s, the leading Scottish beer brand; Magners the premium
international cider brand; as well as a range of super-premium and craft
ciders and beers. C&C Group also owns and manufactures Woodchuck, a
leading craft cider brand in the United States and manufactures and
distributes a number of 3rd party international beer brands in Scotland
and Ireland. C&C is also a leading drinks wholesaler in the UK and
Ireland, where it operates under the Matthew Clark, Bibendum, Tennent's
and C&C Gleeson brands. C&C Group has a minority investment in the
Admiral Taverns tenanted pub group, which owns over 850 pubs across
England & Wales. C&C Group is headquartered in Dublin with manufacturing
operations in Co. Tipperary, Ireland; Glasgow, Scotland; and Vermont,
US. C&C Group plc is listed on the Irish and London Stock Exchanges.
Note regarding forward-looking statements
This announcement includes forward-looking statements, including
statements concerning current expectations about future financial
performance and economic and market conditions which C&C believes are
reasonable. However, these statements are neither promises nor
guarantees, but are subject to risks and uncertainties, including those
factors discussed on pages 24-27 of the Annual Report 2018 which could
cause actual results to differ materially from those anticipated.

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C&C Group PLC
Source: C&C Group PLC