C&C cuts profit guidance on weak consumer demand
Dublin-headquartered drinks distributor C&C (CCR) cut its profit guidance, leaving investors nursing a heavy hangover. The premium cider, beer and spirits maker downgraded FY 2026 earnings guidance and warned of flat profits to come next year. Shares in the drinks giant fell 10% to 116p in early dealings. Share price: 116p (-10%) PE: 14.9x Market … Continue reading C&C cuts profit guidance on weak consumer demand
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