C&C Group Share News (CCR)

LONDON MARKET OPEN: Pound at USD1.22 as UK GDP up, US inflation cools

(Alliance News) - Stock prices in London opened higher on Friday, ending a bullish week in decent fashion as cooler US inflation and unexpectedly robust UK growth figures lifted the mood.

C&C Group says FY results to be hit by consumer costs

(Sharecast News) - Bulmers cider maker C&C Group said annual results would be hit by the cost of living crisis affecting consumers.

Magners maker C&C to reinstate dividend as interim profit jumps

(Alliance News) - C&C Group PLC on Thursday posted a recovery in half-year profit and revenue as Covid restrictions were lifted in 2022, saying it will resume shareholder payouts.

C&C Group H1 profits surge, warns of 'challenging' H2 outlook

(Sharecast News) - Drinks maker C&C Group said on Thursday that both underlying earnings and operating profits had surged in the six months ended 31 August, driven by increased revenues and stronger margins, but cautioned that .

Stocks gyrate with indexes ending mixed, tech lags again

Dow ends higher, Nasdaq down >1%

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Fed bond losses halt payments to US Treasury

Dow gains >1%, Nasdaq edges lower

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Fed bond losses halt payments to US Treasury

Dow gains >1%, Nasdaq edges lower

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REITs likely to see more pain

Major stock indexes turn higher, Dow leads gains

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The worst is yet to come

Major stock indexes mixed, Nasdaq worst performer

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Small businesses shed gloom amid midterm run-up

S&P 500, Nasdaq red; Dow gains

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Are we there yet? U.S. housing market slowdown closer than ever

Most U.S. equity indexes fall, Nasdaq leads losses

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Germany overtakes UK as the most-shorted European market

U.S. equity indexes fall, Nasdaq leads losses

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LONDON BROKER RATINGS: Credit Suisse cuts AstraZeneca and raises GSK

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Friday:

IN BRIEF: C&C expects jump in revenue and profit as demand returns

C&C Group PLC - Dublin-based beer, cider, wine, spirits and soft drinks - Expects to deliver net revenue of roughly EUR900 million for the first half of 2022, up 35% from a year before. Expects its operating profit to be in the range of EUR52 million to EUR55 million, up from EUR16 million. Attributes this to a robust return of demand during the period. Notes that demand experienced a "slowdown" due to the negative impact of inflation on discretionary consumer spending over the second quarter. Intends to review the potential return of capital to shareholders, including dividends, in the second half due to the strength of its balance sheet.

C&C Group H1 revenues rise, consumer spending squeeze slows on-trade momentum

(Sharecast News) - Drinksmaker C&C Group said on Wednesday that interim net revenues had risen 35% year-on-year but cautioned that inflationary pressures on consumer spending had led to a slowdown in on-trade momentum.