Bulmers maker swings into loss due to Covid-19 impact

Off trade helped offset  fall in on-trade due to bar and restaurant closures

'We expect to see reduced volumes in the on-trade continue for the near term partially offset by increases in the off-trade.'

Drinks group C&C recorded an operating loss of €11.7m for the six months to the end of August.

The Bulmers/Magners cider and Tennent’s lager maker said net revenue declined 55.4% due to the impact of Covid-19 but said they returned to profit generation in July.