Bulmers
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
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
C&C shares plunge amid softer cider sales
Stock falls by a fifth after underlying earnings miss forecasts
From Apple’s record valuation to Zara’s share surge: An A-Z of financial markets in 2024
It was a challenging year for some listed companies and a record year for CEO departures
C&C to pay €1.3m settlement to former chief executive
Bulmers-maker to ‘engage’ with shareholders over approach to termination arrangements
C&C agrees deal with Engine Capital on board nominees
Investor had been pressuring company over potential 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
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 plunges after chief executive quits amid accounting errors
Patrick McMahon quits after company takes underlying charge of €5m on previous years’ accounts
C&C delays publishing full-year results
Drinks maker cites review of ‘certain non-cash accounting measures’
C&C says revenue stable, but delayed tech rollout hits operating profit
Bulmers sales continue to grow but Magners volumes decline
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
Philip Lynch case: Central Bank to ask court to confirm insider dealing sanction
Regulator found that Lynch used inside information to buy shares in C&C
Core expects 50% profit growth as advertising market recovers
Marketing group saw demand rebound at end of 2020 despite lockdown
Naturgy puts Irish energy supply unit on market
Spanish utilities giant moves to spin off asset just five years after acquiring the business
C&C halts dividend as it concentrates on cash conservation
Company cuts costs as pandemic continues to hit business
Cider maker C&C issues Covid-19 profits warning
Bulmers maker in talks with tax authorities in Republic and Britain over duty payments
New Dublin Five Lamps brewery to open before end of year
C&C preparing to extend brand outside Dublin as it moves to London FTSE listing
C&C says competition from Heineken and Diageo has made it ‘sharper’
Group reports revenue of €1.57 billion for full financial year
Diageo takes on cider market with Rockshore launch
Cider will be available in bottles, cans and on draught
Performance of drinks distributor Matthew Clark boosts earnings at C&C
Bulmers cider maker expects earnings per share growth of 20%
Competition set to fizz in cider market with new Diageo brand
Drinks giant to launch Rockshore Cider soon, according to industry sources
Coming up this week: unemployment rate, C&C AGM
Plus: Euro zone economic statistics, household travel survey
C&C completes €40m investment in UK pub chain
The Irish cider maker will take a 47% stake in Admiral Taverns
C&C leaves bitter taste signalling virtue over minimum pricing
Caveat: Cider maker wants to look good to society but also to make more profit
This Week: Inspirefest festival, C&C AGM, ECB policy meeting
Science-tech and arts festival brings broad range of speakers to Dublin
US billionaire Charles Brandes boosts stake in C&C
Activist shareholder’s stake in cider maker increases 1 per cent to 7.02 per cent
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