Drinks group C&C expects group earnings for the year to the end of February to grow by 20pc. Drinks group C&C expects group earnings for the year to the end of February to grow by 20pc. In its latest trading forecast, the company reports that EBIT for the 12 month period is expected to be near the upper end of market estimates. As a result, year-end net debt at C&C is now expected to be well below market estimates, between €305m and €312m. The company's sponsorship of next week’s Cheltenham Gold Cup by Magners and Bulmers is also expected to build on the positive trading momentum of its Irish branded businesses.

Source: Irish Independent March 07, 2019 09:45 UTC