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C&C Group PLC (GCC.L)

GCC.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

C&C cites Brexit as operating profit falls 8 pct
Thursday, 27 Oct 2016 02:00am EDT 

C&C Group Plc : C&C says H1 reported operating profit before exceptionals €55.1m, down 7.9%; says operating profits stabilised in Ireland . C&C says seeing some volatility in consumer behaviour across industry on economic uncertainty following brexit, sterling devaluation . C&C says fall of sterling had adverse impact on reported revenues and operating profits of €24.4m and €2.8m, respectively . C&C says net revenue in domestic markets for bulmers, tennent’s and magners brands saw modest decline of 0.8% in H1 .C&C says adjusted diluted eps 13.9 cent down 6.1% reflecting lower operating profit; interim dividend increase of 5% to 4.96c per share.  Full Article

C&C FY earnings in line, sees earnings growth this year
Wednesday, 11 May 2016 02:04am EDT 

C&C : Fy earnings declined 10 percent to 103 million eur (FY 2015: €115.0 million) as guided in march . Dividend per share 13.65 euro cent, up 18.7 percent y/y, highlighting confidence in earnings and cash generation . Positioned to deliver earnings growth and strong cash generation in FY 2017 . C&C remains on track to deliver €15 million of cost savings, the initial benefits of which will start to flow through in FY 2017 Further company coverage: [GCC.I] (Reporting By Padraic Halpin) ((Padraic.Halpin@thomsonreuters.com;)).  Full Article

C&C Group PLC to consolidate production, cut about 180 jobs
Tuesday, 12 Jan 2016 05:23am EST 

C&C Group PLC:C&C Group to consolidate production and invest over eur 10 million into expanding Clonmel manufacturing site.​ Production to transfer from Borrisoleigh and Shepton Mallet to Clonmel.Under planned configuration, Clonmel will move to a capacity utilisation level of 75 pct.Net roles lost across operational network is estimated at 180 of which 127 are in UK and 54 in Ireland.Current capacity utilisation across three impacted sites is 34 pct constraining C&C`s ability to compete over longer term.​ Fruit milling operation at Shepton Mallet is not impacted by proposal​.  Full Article

C&C Group PLC declares interim dividend
Wednesday, 28 Oct 2015 03:00am EDT 

C&C Group PLC:Declares interim dividend of 4.73 cent per share for the financial year ending Feb. 29, 2016.Says this is an increase of 5.1 pct. on the FY 2015 interim dividend.Says payment will be on Dec. 18, 2015, to shareholders registered at the close of business on Nov. 6.  Full Article

C&C Group PLC proposes final dividend
Wednesday, 13 May 2015 02:00am EDT 

C&C Group PLC:Proposes final dividend of 7.0cent per share will be paid on July 10 to ordinary shareholders registered at the close of business on May 22.  Full Article

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