Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / United Kingdom

C&C Could Become Takeover Target

July 2008 | Company News Alert

Irish drinks firm C&C has issued a downbeat trading statement, blaming unsettled weather and a deteriorating economy for a slowdown in sales. In the four months to the end of June, sales of cider dropped by 10%, while sales of spirits and liqueurs grew by 3%. In May the firm predicted mid-single digit revenue growth for its 2008/2009 fiscal year, but this now looks like it will be difficult to

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