C&C Group PLC (LSE:CCR)

£ 1.734 0.014 (0.81%) Market Cap: 674.28 Mil Enterprise Value: 837.38 Mil PE Ratio: 28.67 PB Ratio: 1.06 GF Score: 82/100

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Full Year 2019 C&C Group PLC Earnings Call Transcript

May 22, 2019 / 07:15AM GMT

Release Date Price: £3.51 (+4.17%)

Transcript

Stephen Glancey

C&C Group plc - Group CEO & Executive Director

Good morning and thank you for taking the time to join us today. I'm joined on the call by our Group CFO, Jonathan Solesbury.

Before commencing, we would refer you to the note on forward-looking statements set out in the results release and on Slide 2 of the presentation, which will apply to our discussion this morning.

I'll go through our set of slides, and then Jonathan and I will be happy to take your questions. It's a busy day for all of us, so we're keen to keep the call to 45 minutes. As many of you know, we're also hosting a Capital Markets Day this afternoon at Brewers' Hall in London commencing at 1 p.m. If you're not already attending, please do feel free to join us. It will be an opportunity to hear from the wider management team and in particular from Steve Thomson and Michael Saunders who run the Matthew Clark and Bibendum businesses, respectively.

Financial year '19 was a transformational year for the business. Despite our strong multi-beverage brand-led positions in Ireland and Scotland,

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