C&C Chief Plays Down Oft Inquiry Into Its Tennent's Takeover

The Scotsman › October 09, 2009

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Summary

Magners owner aims to 'reposition' cider brand and invest in newly-acquired lager despite 10.5 per cent revenue slide

JOHN Dunsmore, the chief executive of Irish drinks group C&C, yesterday reported a double-digit fall in profits and sales but said the cider maker is still on track to unveil a significant investment in Tennent's lager in the New Year.

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Extract

C&C Chief Plays Down Oft Inquiry Into Its Tennent's Takeover

C&C, which makes Magners cider, reported a 10.5 per cent fall in revenues during the six months to 31 August as drinkers saved money...

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