C&C sees limited tariff impact as FY profits jump

(Sharecast News) - Bulmers cider maker C&C said it expected a limited impact from US tariffs as it held annual guidance and reported a jump in profits for 2024/25. Operating profit surged 28.5% to €77m for the 12 months to February with net revenue up 13% to €1.66bn. Pre-tax profit rose 17% to €55.9m.

"The group has progressed on a number of fronts over the last year, despite the ongoing challenging macro and market backdrop ," said chief executive Roger White.

"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."

Reporting by Frank Prenesti for Sharecast.com