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IN BRIEF: C&C early trading beats pre-Covid levels as new chair starts

Thu, 07th Jul 2022 14:24

C&C Group PLC - Dublin-based beer, cider, wine, spirits and soft drinks - Says in the four months to June 30, early trading is up 6% on pre-Covid levels. Net debt to adjusted earnings before interest, taxes, depreciation, and amortisation falls to 2.4 at June 30 from 3.4 at February 28. Meanwhile, Ralph Findlay replaces Stewart Gilliland as chair as the firm announced in September.

Current stock price: 187.80 pence, up 0.8% on Thursday

12-month change: down 24%

By Tom Budszus; tombudszus@alliancenews.com

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