6 Articles
6 Articles
Turnaround Efforts Drive Profit Growth At C&C Group
C&C, the drinks distributor that owns brands such as Magners, Bulmers, and Tennent’s, has seen a jump in underlying profits following efforts to improve its performance amid pressure from investors. Adjusted EBITDA rose 19.5% to €112m in the year to (more…) The post Turnaround Efforts Drive Profit Growth At C&C Group appeared first on KamCity.
Tennent’s owner C&C Group posts 28% profit surge amidst revenue growth – Scottish Business News
C&C Group, the parent company of iconic Scottish lager brand Tennent’s, has reported a robust 28% increase in operating profit for the year, signalling a strong recovery in the drinks sector. The company, which also owns Magners cider, announced that its operating profit rose to €60.5 million (£51.6 million) for the 12 months ending 28 February 2025, up from €47.2 million (£40.3 million) the previous year. Revenue for the group climbed by 6.8% t…
C&C Group sees profits increase 28.5%
C&C has reported notable increases in revenue and profit for its past financial year, which ended in February, as its Bulmers and Tennent's brands made market share gains. The group recorded net revenue of €1,665.5m, up €13m from 2024 (€1,652.5m), and adjusted EBITDA of €112m, an increase of €18.3m year-on-year (€93.7m). Operating profit before exceptional items rose €17.1m or 28.5% from €60m to €77.1m, and the group's operating margin increased…
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