Cider and beer maker C&C Group intends to invest up to €2m on increasing capacity at its Irish brewing facilities — either in Dublin or Clonmel — in the near term.

Geoff Percival Drinks group C&C has prematurely pulled the plug on its US distribution deal with brewer Pabst, firmly putting paid to any near-term sale of the Irish cider-maker’s American operations.

Drinks maker C&C said its move into the pub business in England and Wales can boost its signature cider brand.

The Bulmers, Magners and Tennent’s drinks firm, C&C Group, says it is seeking further savings and exploring the potential for contract manufacturing as the pressure on sterling following the unexpected outcome of the UK general election last month continues to weigh.

C&C chief executive Stephen Glancey has insisted that the cider and lager maker remains committed to its struggling US business despite a further writedown in its value pulling the group into the red last year.

C&C shares fell sharply yesterday as the Bulmers, Magners and Tennent’s drinks firm said that the pressures from the drop in the value of sterling and tough pricing conditions in the UK would unlikely ease anytime soon.

Drinks group C&C has written down the value of its US operations by €150m on the back of another challenging year in the region.

British brewing company Greene King has been given an extension — until close of business on Tuesday — to formally show its hand in the takeover battle for UK bar group, Spirit Pub Company.

C&C could significantly downsize its English and Welsh operations if it fails in its bid to buy British bar owner, Spirit Pub Company.

Drinks group C&C has told shareholders it remains on track to meet current year financial targets of mid-single digit operating profit growth.

Drinks group C&C has reported its fifth consecutive year of earnings growth, and is targeting a mid-single digit operating profit increase in its current financial year.

Cider-focused drinks group C&C has reported a resilient close to the calendar year of 2013, leading it to reaffirm its operating profit guidance of €125m to €132m for its current financial year.

Manufacturer’s of Magners cider, C&C Group, have reported results in line with guidance on the back of poor weather and increased competition.

Irish drinks giant C&C has reported a 1.8% year-on-year increase in third quarter sales volumes for its domestic business; with management reiterating full-year operating profit guidance.

C&C Group have announced a 2% decline in revenue for the six months ended August 31 2012.

Drinks group C&C in an interim management statement issued this morning said it expects operating profits for the full financial year to be in the range of €112m to €118m.

DRINKS group C&C has reported a solid set of first-half results — including a €5 million year-on-year rise in pre-tax profits — despite tough trading conditions in Ireland and Britain during the second quarter of its financial year.

Bulmers cider brewer C&C has suffered a sales hangover following bumper trading during the spring heatwave.

REVENUES at the Irish operations of international soft drinks group, Britvic fell by 5.3% to just under £82 million (approximately €95m) — on a year-on-year basis — over the seven months to the middle of April.

DRINKS group C&C has reported a strong first- half performance – helped by growth in its British operations – and remains on course to meet full-year targets, despite a continuous challenging trading environment.

Drinks group C&C today said revenue for the year ended 28 February 2010 had increased by 16.4% to €568.8m.

Celtic and Rangers have been handed a boost after securing a "multi-million pound" sponsorship deal with Tennent's Lager.

DRINKS group C&C has reported a 9% year-on-year drop in third quarter revenue; driven by sales declines in its core cider business.

Drinks group C&C today said its cider markets remain challenging as it reported another slump in sales.

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.

IRISH drinks group C&C could use its newly cemented strategic agreement with industry giant, Anheuser Busch-InBev (ABI) to boost its Magners cider brand in international markets, over the long-term.

C&C has set September 25 as the date for the EGM, at which the group’s shareholders will vote on its proposed acquisition of Tennent’s Lager and the other assets within the Irish, Northern Irish and Scottish division of the Anheuser Busch-InBev brewing giant.

C&C could expand its Magners cider brand to the Nordic markets — specifically Sweden and Finland — within the next three years, although group chief executive, John Dunsmore, said that the move is still at the “drawing board” level.

WHEN C&C appointed John Dunsmore, the former boss of Scottish and Newcastle, as its new head, sceptics wanted to know how he and other S&N executives appointed with him would adapt to their new-found roles at the head of Ireland’s struggling cider group.

Scotland's best-selling lager, Tennent's, was today snapped up by C&C in a deal worth £180m (€204.4m).

The ISEQ index of Irish shares performed strongly in early trading this morning, jumping 66.11 points to hit 3,084.94 by 11.30am.

Drinks group C&C is to acquire the Irish, Northern Irish and Scottish businesses of Anheuser-Busch InBev (ABI), including the Tennent’s brands, for £180m (€205m), the company announced this morning.

Dunfermline 0 Celtic 1

Winning silverware is expected at Celtic and Lee Naylor insists they will be doing all they can to add the Tennent’s Scottish Cup to their trophy room this season.

Celtic are in good shape for tomorrow’s Tennent’s Scottish Cup final against Dunfermline and have no fresh injuries.

Rob Jones insists his fellow Hibernian players did not ask for the sacking of John Collins during last week's revolt against the manager.

Captain Neil Lennon has today dismissed claims St Johnstone will come up against an off-form Celtic team in their Tennent's Scottish Cup semi-final on Saturday.

First Division St Johnstone reached their second semi-final of the season with a well-deserved Tennent’s Scottish Cup victory at Fir Park.

Celtic striker Cillian Sheridan showed with one small but important contribution to the Parkhead side’s Tennent’s Scottish Cup comeback against Inverness Caledonian Thistle that the Hoops’ comprehensive scouting system continues to unearth promising youngsters for manager Gordon Strachan.

Late goals by Steven Pressley and Kenny Miller gave Celtic a 2-1 victory over Inverness Caledonian Thistle in a dramatic Tennent’s Scottish Cup quarter-final tie at the Tulloch Caledonian stadium.

Celtic defender Stephen McManus insists the Tennent’s Scottish Cup quarter-final tie at Inverness holds no fear for him.

Dunfermline 0 Rangers 1

Antrim hurler Johnny McIntosh has scooped the Tennent's Ulster GAA Writer Monthly Merit award for October.