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C&C Group forecasts steady revenue but lower earnings due to decreased UK cider sales and divestment.
C&C Group, owner of brands like Bulmers and Tennent's, forecasts revenues similar to last year but expects lower earnings due to softer UK cider sales and the sale of its Irish non-core soft drinks business.
Despite facing challenges, the company's underlying earnings are still expected to be higher than the previous year, at €76 million to €78 million.
CEO Roger White remains optimistic about the company's long-term prospects and plans to continue investing.
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C&C Group prevé ingresos constantes pero menores ingresos debido a la disminución de las ventas y desinversiones de sidra en el Reino Unido.