Member Info for MaryBr190

Here we go again - a buying opportunity if back to the 130s

Timing of FY2024 Full Year Results

Dublin, London 10 May 2024:

C&C Group plc ('C&C' or the 'Group'), owners of the Tennent's, Magners and Bulmers Ireland brands, and Matthew Clark and Bibendum Wine, announces that the FY2024 full year results announcement, scheduled for 23 May, has been deferred. Whilst the preparation of the Group's Annual Report and Accounts for FY2024 is well advanced, additional time is required to complete a review of certain non-cash accounting measurements relating to previous financial periods.

C&C re-affirms its guidance of an expected FY2024 underlying operating profit outcome of c.€60 million, in line with current market expectations. With increasing confidence in the medium-term outlook for the business, together with its strong cash generation and conversion, C&C also re-affirms its intention to return €150 million to shareholders over the next three years within its stated leverage range.

The rescheduled date for the Group's FY2024 full year results announcement will be provided as soon as possible.

Underneath the jam

continuing macro-economic uncertainty and resultant client caution, particularly amongst technology clients, have continued in Q1 2024, along with the expected lower activity in some of our larger Technology Services clients.

As well as margins is no one concerned about client retention?

As Martin said last year

Sorrell on S4: 'The train set we have is sufficient; we just have to run it better'

Buy the dips forever !

Mx

Mafee you need to look past the spin within - it is a PR company after all.

"as previously indicated" just does not cut the mustard here, however like wildtiger no stress and a great trading opportunity.

Reading it as yet another profit warning so a buying opportunity !

Looks like there are looking through the results and heading back to to 130p levels,

Ge0rge

Just noticed your post. Yes great time.

PFC - who knows at this stage - will add when it resumes. PFC board will kick off again when the news breaks - as for now my posts there are still my current view.

Mx

FRES SP follows a few days later.

Metals bull run on the cards.

Very content with PRU atm after the flak that was taken at £7 when I stated I was adding - a UK bull run is starting at last.

When the US acquisition completes do not be surprised with a US listing - think outside the box Alessandro.

Will buy any dips - nice low average here after the recent moves up from the lows.

Adding on dips, the only game in town.

Tradeable day tomorrow - the first move is the one to trade 34p or 70p ?

Deutsche Bank starts On The Beach with 'buy' - price target 250 pence

Stellar results expected.

Deutsche Bank starts Vanquis Banking with 'buy' - price target 88 pence

660p fill your boots

But not buy typo

Buy for the bid interest of yesterday, which leaked out in the past few days this would have headed back below 140p. We are where we are and could revisit the lows unless the offer is upped.

True but the tax in the results will be key - thieving Tories - and Labour far worse

@ jed

Wrong today is right tomorrow and vice versa.

GL