|Bid||3.8500 x 3682100|
|Ask||3.7800 x 11799100|
|Day's Range||3.6750 - 3.7950|
|52 Week Range||2.6000 - 3.8200|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 14, 2019 - May 20, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The company has opportunities to boost profit margins at two drinks distributors it bought last year even as competition in cider heats up, said Patrick Higgins, a Goodbody analyst who has a buy rating on the stock. “While acknowledging there is a degree of uncertainty associated with the Irish cider market, we remain comfortable that the growth prospects for the remainder of the business, particularly the recently acquired Matthew Clark and Bibendum businesses, remain robust,” he said by email. Investors will get some clues Wednesday as to whether the outperformance can continue when C&C reports earnings and holds a capital markets day.
Irish drinks group C&C (GCC.I) is in advanced talks with operators in mainland Europe to manufacture their products at its British plant after Britain leaves the European Union, its chief executive told Reuters on Thursday. With manufacturing operations in the EU and Britain through plants in Ireland and Scotland, the maker of brands including Magners, Bulmers and Tennents has consistently said it is well positioned regardless of the way in which Britain leaves the bloc next year. ... The discussions are reasonably meaningful," Glancey told Reuters after C&C reported a 16 percent rise in first-half operating profit.