C&C
C&C snaps up Scottish beer brand Innis & Gunn from administrators
Irish company’s shares have fallen by more than a third over the past six months
C&C names new CFO as market awaits fresh strategy
Adam Phillips expected to join owner of Bulmers cider in Ireland in April
C&C’s profit woes boost case for deal as stock fizzles to 17-year low
Industry veteran Roger White is struggling with a UK budget that has dented consumer confidence alongside changing market tastes
Trading at group behind Bulmers cider ‘below board expectations’
C&C blames weak consumer confidence in November and December following the UK budget
Bulmers parent C&C faces slow sales growth without acquisitions, RBC analysts say
Group has been more concerned with divesting assets in the past four years
Fed rate cut propels global shares to record highs
Iseq index dips amid decline in Ryanair’s share price
‘I fell 11 points short of the course I wanted and went down the PLC route’
Amy Moore on going down the route of a PLC course
Irish exporters ‘told to shut their mouths’ over Trump tariffs
‘Trump’s trade war is good for Irish beef’ but nervousness pervades the dairy, pharmaceutical and computer chip sectors
How Bulmers owner’s new chief plans to put the fizz back into former market darling
C&C’s fifth CEO in as many years sets sights on recapturing glory days of Magners cider
Solid year for C&C as drinks group remains resilient
But company faces headwinds as consumer sentiment remains subdued
C&C’s accounting errors under the microscope
Subsidiary’s accounts shine light on imbrolgio that led to chief executive’s resignation
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Ornua’s signature butter product is on average 50% more expensive than United States rivals
C&C shares plunge amid softer cider sales
Stock falls by a fifth after underlying earnings miss forecasts
C&C names Roger White as its next chief executive
Drinks firm seeks to steady ship after previous chief executive's abrupt departure
C&C to pay €1.3m settlement to former chief executive
Bulmers-maker to ‘engage’ with shareholders over approach to termination arrangements
C&C kicks off €15m share buyback despite decline in revenues
Drinks group says first-half performance in line with expectations amid fall in cider sales in Britain
C&C ‘confident’ of full-year earnings growth despite consumer headwinds
Bulmers owner appoints Feargal O’Rourke as independent director after months of boardroom upheaval
What are activist investors good for anyway?
Starbucks and C&C the latest to settle with funds which built up stakes and demanded changes
C&C agrees deal with Engine Capital on board nominees
Investor had been pressuring company over potential sale
IDA Ireland may get additional support in budget
Seen & Heard: Moffett behind data centres; Eamon Waters Merrion Road plan; and Bewleys rent row continues
Landlords pursue McKillen companies over rent claims
Seen & Heard: Taxman’s planning payment probe; C&C boss’s pay jump; Stripe’s Wilton Park deal; Bakhurst mulls Montrose sale
Royal Irish Automobile Club seeks investor to exploit air rights above car park at Dawson Street premises
The best news, analysis and comment from The Irish Times business desk
Should C&C listen to activist hedge fund’s demands for a sale?
Irish drinks maker faces call from activist hedge fund to put itself up for sale
Activist investor calls for drinks maker C&C to be sold
Demand comes after company’s CEO stepped down and Magners unit took writedown
Pat Cooney-led Meath distillery to launch first single pot whiskeys
Cooney family is targeting sales of 10,000 cases by the end of this year, doubling over the next few years
C&C plan to draw out CEO search may lure bids – but sale now would be a cop-out
C&C chairman Ralph Findlay has taken on a dual-CEO role for up to 18 months
C&C’s problems don’t go away with McMahon’s departure
Drinks company really can’t get choice of next chief executive wrong
C&C plunges after chief executive quits amid accounting errors
Patrick McMahon quits after company takes underlying charge of €5m on previous years’ accounts
In an age of social media and deepfake, broadcasting bans prior to polling day should go
The best news, analysis and comment from The Irish Times business desk
C&C’s results delay is embarrassing – and a cause for concern
Why has a public company missed arguably its most important accounting deadline of the year?
C&C delays publishing full-year results
Drinks maker cites review of ‘certain non-cash accounting measures’
C&C names new finance chief to allow CEO drop dual role
UK drinks industry veteran Andrew Andrea will join C&C in March after stint leading Marston’s
Kerry and C&C cushion weak updates by waving cash as Irish share buybacks near €4bn
Joe Brennan: this year has seen a marked pick-up in such activity by Irish companies
C&C says revenue stable, but delayed tech rollout hits operating profit
Bulmers sales continue to grow but Magners volumes decline
Businessman the first person convicted of insider trading by court in Republic
Declan Service (63) arrested last year as part of criminal investigation by Garda National Economic Crime Bureau into share transactions
Global shares slip ahead of US Federal Reserve’s policy meeting
Drinks group C&C finished the day up 5% in Dublin after telling investors it expects operating profit to top €31m this year
C&C predicts lower revenues in first half of the year
Poor weather and cost of living pressures hit net sales
C&C says branded sales continue to rise as core brands gain ground
Company holds its annual general meeting in Dublin
C&C hopes ‘promiscuous’ pubs will give it another chance after €25m IT fiasco
The profit hit related to a botched implementation of a new warehousing management software system by the Irish cider and beer maker
UK shares mixed on inflation worries and US debt ceiling gloom
European and US indices steadied, buoyed by chipmakers
C&C proposes €15m dividend as margins widen on price increases
Bulmers owner’s Irish operating profits climbed 48.7% as pubs reopened
C&C returns to ‘robust trading’ as restrictions eased
Company says it expects to report operating profit in €45-€47m range
Owner of Bulmers expects profit hit after December pub restrictions
C&C said it made a modest profit during the month, but trading was below expectations
C&C signals Irish price increase as it reports rise in revenue
Drinks group bounces back to profitability as hospitality sector reopens
Board changes at C&C as Pozzi moves to manage British business
Chief operating officer of drinks group will step down from board role in September
C&C secures 95% take-up for £151m rights issue
Brokers managing deal find buyers in market for stock not taken up in rights offering
C&C revenue dips as pandemic restrictions depress key markets
Rights issue planned by group to raise over £150m in bid to remedy immediate problems
C&C subsidiary suffers cyber-security incident
Matthew Clark Bibendum shut down its IT systems on Friday after becoming aware of problem
C&C ‘optimistic’ about future as vaccination rollout raises hopes
Drinks group is also selling its US subsidiary Vermont Hard Cider Company for $20m
Bulmers maker C&C sees net revenue halve as Covid hits sales
Company returned to profit as restrictions lifted but fears new restrictions
C&C raises €140m debt days after profit warning
With pubs closed C&C’s on-trade business will be down sharply this year
C&C hunts for new chief executive as Stephen Glancey retires
Chairman Stewart Gilliland appointed interim executive chairman
European stocks near record high as Brexit date confirmed
Wall Street maintains upward momentum on optimism over international trade
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