C&c Share Discussion Threads

[martinmc123] 29/10/2024 13:14

4*
C&C Group posted a solid set of HY numbers that were in line with expectations despite poor summer weather and subdued market conditions. There was an overall marginal net revenue decline of -3% reflecting the disposal of the Group’s non-core soft drinks business in Ireland, lower contract brewing volumes and softer cider volumes in GB. But profit performance was far stronger as the Group’s efficiency drive continues to bear fruit. Underlying Group operating profit before exceptional items increased +29% (+€9.1m) to €40.3m in HY2025...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/CCR/921

[aublune] 29/8/2023 07:04

i am tracking this now with interest

hxxps://www.thedrinksbusiness.com/2023/08/michael-saunders-resigns-from-cc-group/

[aublune] 21/8/2023 10:56

This is looking good value nows o it is time for me to get my researching chapeau on

[nigelmoat] 19/5/2023 14:40

Great entry opportunity today imo. From today's statement I take this.....C&C re-affirms the guidance given in its Pre-Close Trading Statement of 23 March 2023. Specifically, the Group expects to report operating profit of EUR84 million. C&C's strong free cash flow generation, together with increased balance sheet strength will also enable a re-instatement of dividend payments to shareholders, with respect to FY2023.Come back in 6 months and things should look very different.,

[volsung] 14/1/2023 13:53

The C&C man used to drive his lorry round our way. Used to buy Kali Water and Icecream soda. If I buy some shares will I get a discount?

[km18] 05/5/2022 09:36

C&C group PLC encompasses divisions focused on manufacturing and distributing branded wine, cider and soft drinks across the UK and Ireland. These highly enriching and stimulating initiatives forced up operating profit to €45-47m, reflecting the firm’s positive trading momentum. The group also enhanced its balance sheet, since it is focused on liquidity management and net debt reduction. As a result, net debt effectively plummeted from €442m to €263m, enabling the firm to be lowly geared while driving down the leverage ratio with the purpose of attracting new investors. Despite the firm’s robust financial performance, the group is trading at a discount, illustrated by the P/E of 13.1x, which is below the consumer staples P/E of 27.31x, signifying that the security is cheaply available for investors to purchase the stock and is likely to surge in value.

[a_game] 16/3/2022 15:17

good job! I have to say I'm astonished we saw sub £2 again. Just goes to show what a crazy market it has been recently. C&C Group should have a great year. There will be a LOT of cider consumed this summer.

[electrick] 16/3/2022 12:57

Yes average now £1.925 Very pleased with that.

[electrick] 07/3/2022 13:52

Well well well… things got perky

[electrick] 07/3/2022 10:15

I am all in here now

[a_game] 13/1/2022 14:21

Nice to check back in here, been a while! Still holding all mine. Expect a run to 300p+ this side of summer. Headwinds have massively faded now imo.

[a_game] 28/10/2021 08:05

Yep very positive, back to being a cash cow! Onwards & upwards

[electrick] 28/10/2021 07:35

That is a good report.
Back in profit, despite MC and Bib dragging through Q1,
Expectations of 50m in H2… I am topped back up

[a_game] 18/10/2021 08:12

Bouncing nicely on the alcohol tax reforms news. Inverse H&S looks to be playing out.. back to 300p please

[electrick] 04/10/2021 06:51

Stock all round for MC short. Looks like they are focusing on larger accounts now

[mariopeter] 03/10/2021 09:37

Just to say I watched a TV programme on their cider production (discovery channel) and think you will find that they produce their own CO2 and may in fact be free of external CO2 needs. Whether that extends to tennants or not I can't say.

Not in here but do like the Company.

[electrick] 20/9/2021 08:27

This talks about the Summer period. I am looking at now, what is currently happing in the industry and how this may impact future revenues ( share price)

[electrick] 20/9/2021 08:25

Just being cautious at the moment

“we have been partly insulated and as a consequence have broadly met customer demand through the peak summer trading period. We continue to work closely with our partners to meet the resurgence in demand”

“Partly” and “broadly”; cover a multitude… I don’t quite take the same conclusion as you AG.

The gas situation at the moment will also inevitably hit CO2 supplies in the drink industry and I want to see how it plays out.

Small holding at the moment. As you know I am a supporter of CCR… just think there may be an entry price this year which is preferable.

Good luck

[a_game] 17/9/2021 08:42

This inverse H&S looks to be playing out - early days but if we break the neckline around 250p in the coming weeks, this should progress back towards 300p

[a_game] 17/9/2021 08:41

According to the TU, C&C sound like they're in a great position wrt logistics. They're not being impacted currently. If anything, this could turn out to be a positive for them if other suppliers are struggling.

No doubt logistics concerns have hit the share price recently but imo that's not a big worry going forward thanks to the clarification in the TU.

[electrick] 16/9/2021 10:53

Hmmn. Not sure.
Language around meeting customer demand.
Not 100% sure they are at present

Plenty of people not able to source their orders in the industry at present, supply is scarce. Restrictions placed, minimum order sizes and focus on maintaining larger customers.

Keeping a watching brief but took a 5% profit on half my holdings as this plays out

Looking for entry point sub £2.

As shown I very rarely get want i ask for! But the supply chain in the market looks upside down at present.

Good luck AG.

[a_game] 16/9/2021 07:52

Pleased with this morning's update - this should put a floor under the recent selling and mark a turning point. Time to move back up towards 300p+