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C&C Group cuts profit view, shares sink

C&C Group expects adjusted operating profit of €70–73 million for 2026, citing weaker hospitality demand and consumer shifts after UK tax hikes in the autumn budget.

Summary by RTÉ
Drinks producer C&C Group has today cut its fiscal 2026 profit forecast, blaming weak confidence following November's UK Budget that altered buying habits and saddled demand, sending shares down to a near 17-year low.

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The IndependentThe Independent
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perspectivemedia.comperspectivemedia.com
Lean Left

Magners maker C&C posts profit warning after softer customer demand

Shares in the drinks firm dropped on Friday as a result.

·London, United Kingdom
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DirectorsTalk Interviews broke the news in on Friday, January 23, 2026.
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