Irish alcohol producer C&C – maker of Magners and Bulmers cider – has seen its revenues decline 10.5 per cent to €257.5m (£237.8m) for the six months to the end of August, the firm announced today.
Pre-tax operating profit for the period, before exceptional items, was €57.4m (£52.8m) – two per cent lower on the previous six months and 14 per cent down on the corresponding time frame in 2008. The falls were mostly caused by a 15 per cent decline in the company’s spirits and liqueurs volumes. Cider volumes were…
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