C&C Group, the parent company of iconic Scottish lager brand Tennent’s, has reported a robust 28% increase in operating profit for the year, signalling a strong recovery in the drinks sector.
The company, which also owns Magners cider, announced that its operating profit rose to €60.5 million (£51.6 million) for the 12 months ending 28 February 2025, up from €47.2 million (£40.3 million) the previous year.
Revenue for the group climbed by 6.8% to €1.7 billion (£1.45 billion), driven by resilient demand across its core markets in the UK and Ireland.
C&C Group highlighted that its brands, particularly Tennent’s and Magners, performed well despite ongoing cost pressures and a competitive trading environment.
Patrick McMahon, C&C Group’s chief executive, credited the results to effective cost management, improved operational efficiencies, and a renewed focus on core brands.
He noted that the company’s direct-to-store distribution model had helped to maintain strong customer relationships and ensure product availability throughout the year.
Looking ahead, C&C Group remains cautiously optimistic, with plans to invest further in its brands and operational infrastructure.
The company acknowledged the challenges posed by inflation and changing consumer habits but expressed confidence in its ability to adapt and grow in the evolving drinks market.
“Our performance this year reflects the strength of our brands, the resilience of our business model, and the dedication of our people,” said McMahon.
“We are well positioned to navigate the current environment and continue delivering value for our stakeholders.”
The positive results come as a boost to the Scottish drinks industry, with Tennent’s continuing to hold a leading position in the market and C&C Group reaffirming its commitment to innovation and sustainability in the sector.
