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Tennent's sales volumes fall in UK, reveals C&C Group | Tennent's sales volumes fall in UK, reveals C&C Group |
(35 minutes later) | |
The drinks brand, C&C Group, has reported that sales volumes of its Tennent's brand fell in the UK in the nine months to end of November. | The drinks brand, C&C Group, has reported that sales volumes of its Tennent's brand fell in the UK in the nine months to end of November. |
Sales volumes dropped by 5.5% in the UK, but revenue increased during the period by 7.5%. | |
C&C Group, whose brands include ciders Bulmers and Magners, described its Scottish beer's performance as "solid". | C&C Group, whose brands include ciders Bulmers and Magners, described its Scottish beer's performance as "solid". |
The company said the trading environment for its various products was "challenging". | The company said the trading environment for its various products was "challenging". |
It said its full-year profits would be at the lower end of its range as previously stated. | It said its full-year profits would be at the lower end of its range as previously stated. |
C&C, which is based in Dublin, said international sales volumes of its beer and cider grew by 28% in the three months to the end of November. | C&C, which is based in Dublin, said international sales volumes of its beer and cider grew by 28% in the three months to the end of November. |
In the Republic of Ireland, volumes of Tennent's increased by 22% in the same period, although the group said that this was from "a small base position". | In the Republic of Ireland, volumes of Tennent's increased by 22% in the same period, although the group said that this was from "a small base position". |
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