Half Year 2025 C&C Group PLC Earnings Call Transcript
Key Points
- C&C Group PLC (CGPZF) reported a 29% increase in operating profit to EUR40.3 million, demonstrating strong earnings growth.
- The company declared a dividend of EUR0.20 per share, marking a 6% increase year on year.
- C&C Group PLC (CGPZF) achieved significant cash flow improvement, with a net inflow of over EUR19 million.
- The company is on track to meet its financial targets for FY27, including sales of EUR2 billion and EBIT of EUR100 million.
- C&C Group PLC (CGPZF) has successfully increased its market share in key segments, such as the Scottish beer and lager market.
- Net revenue was slightly down due to the exit from non-core activities and lower contract brewing volumes.
- The cider market in Ireland was weak, with Bulmers' net revenues down 3.5% due to a poor summer.
- The company faced challenges from cost of living pressures and a flight to value, impacting consumer spending patterns.
- There was an adverse mix change in the distribution business, with a shift away from higher-margin wines and spirits.
- C&C Group PLC (CGPZF) is still in the early stages of leveraging its distribution platform to grow premium brands, indicating potential future challenges.
Welcome to C&C Group's interim results presentation for the six months ended 31st of August 2024.
In a moment, you will hear a short presentation from Chair and Chief Executive Officer Ralph Findlay; and Chief Financial and Transformation Officer Andrew Andrea.
After that, Ralph and Andrew will welcome your questions. To ask a question in person, please click the raised hand icon on Zoom and we come to each of you in turn, alternatively, you can type a question into the Q&A box at any time.
But first, I'll hand over to Ralph for the presentation.
Thank you and good morning, everybody and welcome to this presentation of our interim results. And I'm going to start here on the introductory slide. The objectives of today is that we will go through the key points and highlights of our performance. A reminder of our strategy and what the market is doing. We cover the performance of the business segments. Andrew will update on our financial performance and we take
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
