C&C Group Plc (CCR.L), an Ireland-based beverages company, on Thursday said its first-half trading was in line with expectations. The company sees underlying operating profit for the period to be in the range of 41.5 million euros - 42 million euros, consistent with its earlier guidance.
Revenue declined 4% year-on-year at constant currency, reflecting reduced distribution revenues following the transfer of control of AB InBev Off-Trade Beer distribution in Ireland and the planned exit from certain lower-margin businesses.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.