Bulmers owner C&C Group reports minimal impact from tariffs 

Irish drinks company says revenues in line with previous year

The company said its flagship products, Bulmers and Tennent's, achieved market share gains, maintaining market-leading positions

Bulmers owner, the C&C Group, delivered revenues of €1.7bn for the 12 months to the end of February with the Dublin-headquartered firm reporting a limited impact from tariffs.

Reporting its financial results, the company said its flagship products, Bulmers and Tennent's, achieved market share gains, maintaining market-leading positions. C&C Group is proposing a final dividend of 4.13c per share up from 3.96c for the 2024 financial year. The company's share price is up 5.7% year to date.

Net revenues of €1,665m is up €13m on the previous year.

Roger White, Group Chief Executive Officer, said: "The Group has progressed on a number of fronts over the last year, despite the ongoing challenging macro and market backdrop."

"Our two leading brands, Tennent’s and Bulmers gained market share and we see future growth opportunities for both. Our Premium brand performance is encouraging, benefitting from ongoing consumer appeal for premium beer and cider which is driving growth in this segment."

“Looking ahead, year-to-date trading is encouraging. With the key summer trading period ahead, we are executing our plans for the year, supporting our customers, investing in innovation and brand-building, people, and systems, whilst continuing to simplify the business and control costs."