C&C Group First-Half Operating Profit Rises 4% as Revenue Falls 3%
Net revenue fell 3% at constant currencies to €794.9 million in the six months ended 31 August, while operating profit before exceptional items rose 4% to €43.4 million. Operating margin increased 0.4 percentage points to 5.5%.
The company, which makes Bulmers, Magners and Tennent's, said net revenue fell 3% at constant currencies to €794.9m in the six months ended 31 August, while operating profit before exceptional items rose 4% to €43.4m.Operating margin improved by 0.4 percentage points to 5.5%, while adjusted pre-tax…