Magners sees lift in GB volumes

17 January, 2012

A 5.8% rise in volume sales of Magners cider in GB in the quarter to November 30, 2011, has been reported by Dublin-based C&C Group.

But sales in the UK-based Gaymer division of the company continued to tumble as C&C said it sought to weed out low margin business.

“The removal of loss-making activity should ensure that the Gaymer business contributes earnings in line with expectations in this financial year,” C&C said in a trading statement.

GB revenue from the Magners brand rose 7.8% in the quarter. Off-trade revenue was up 8.3% on 6.5% volume growth.

“The strength of C&C’s business model, despite a challenging economic backdrop, should deliver solid earnings growth”, the statement said.

It added that there had been an improvement in trading in Ireland and the UK during the Christmas period. 




Bookmark this


Site Search

COMMENT

Rosé tinted glasses

I was asked recently what I thought the biggest change had been in wine fashion in the past five years. My answer was unequivocal: sales of pink wines. From being a niche that expanded and contracted with the sunshine, rosé has subtly but steadily become a stalwart of many merchants’ ranges, with Provence firmly at the top and asked for by name.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter