Drinks producer C&C Group plc, owner of Tennent's Lager, has reported a solid first-half performance with increased profits and margins despite a drop in revenue and a challenging market.
Tennent's
Drinks manufacturer and owner of Tennet's Lager C&C Group plc has appointed Andrew Andrea as its new chief financial officer and executive director, effective 1 March 2024. Ralph Findlay, who has served as executive chair since May 2023, will revert to the role of non-executive chair following
C&C Group, the owner of Tennent’s Lager, has reported an upswing in its business activities despite facing a financial setback due to an IT system upgrade mishap, which incurred a €25 million (around £21.65m) cost.
Shares in C&G Group have increased as the firm's first-half operating profit rose 9.2% to €63.8m amid a resilient performance by Tennent's Lager.

