C&C on target despite challenging autumn

Drinks group C&C is reporting revenue of €257.5m and an operating profit before exceptional items of €57.4m (down 2%) for the six months to the end of August.

The group, which makes Bulmers cider in Ireland and Magners in the UK, said its cider volumes were level, but spirits and liqueurs volumes were down 15% in the period. The group had set an objective to stabilise cider volumes in 2009-10.