Pub reopenings drag C&C back into profit

First-half revenue surged by 65% to €657.3m and C&C managed to cut its debt from €371.4m to just under €246m

C&C, the Bulmers cider owner, has posted an operating profit of €16m for the six months to the end of August. T

Drinks group C&C returned to profit, as expected, in the first half of its current financial year, buoyed by the reopening of the hospitality sectors in Ireland and the UK.

The Bulmers cider owner has posted an operating profit of €16m for the six months to the end of August. That compares to a loss of €13.2m for the corresponding period a year ago.