C&C Group hits near 17-year-low on weak profit forecast

C&C

23/01/2026 08:35

** Shares of Irish drinks producer C&C Group GCC.L fall as much as 17.8% to 105p - lowest since April 2009

** Co expects FY27 profit to be similar to the current year

** Co says, as the Group approaches the end of its financial year, overall trading is below the Board's expectations

** Says customer performance across November and early December was impacted by weak consumer confidence associated with November UK Budget

** In 2025, the company’s shares fell ~8%

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))