Financial Highlights


Net Revenue

Increased by +7.8%1

Operating Profit

before exceptional items up 14.6%1

Adjusted Diluted Earnings Per Share

29.6 cent
per share up 11.3% before exceptional items

Basic Earnings Per Share

2.9 cent
per share impacted by exceptional items


Free Cash Flow Conversion

before exceptional items

Shareholder Return

No Final Dividend

5.5 cent
per share reflecting the cancellation of the final dividend

1. Financial highlights percentage movement versus last year are stated on a constant currency basis (FY2019 translated at FY2020 F/X rates as outlined on page 36).

Continued to mark progress in advancing our strategic objectives

The Group’s net revenue increased 7.8% on a constant currency basis

C&C’s core brands have resilient revenues, high margins and are strongly cash generative.

beer in

Tennent’s Lager is brewed to the highest standards using only local Scottish ingredients to create a lager with a crisp taste and refreshingly clean finish. Tennent’s has been made with pride in the heart of Glasgow since 1885, but is famous far beyond its home city. Tennent’s Lager is Scotland’s best-selling lager.

Business Model

in ROI

Bulmers Original is a premium, traditional blend of 100% Irish cider with an authentic clean and refreshing taste. Only ever made with the finest Irish apples in Clonmel, Co. Tipperary.

Business Model

to over 60

Magners is a premium, traditional blend of Irish cider with a crisp, refreshing flavour and a natural authentic character. Also in the range is Magners Dark Fruit which offers cider drinkers a fruitier alternative to draught apple.

Business Model

Super-premium and craft brands and complete portfolio

Belgian beer

Heverlee is a premium Belgian Beer, which is endorsed by the Abbey of the order of Prémontré, in the town of Heverlee in Leuven.

Dublin lager

The Five Lamps Dublin Brewery was originally set up in early 2012 beside Dublin’s iconic Five Lamps. Its first beer, Five Lamps Dublin Lager, was launched in September 2012.

Italian lager

Menabrea is from Northern Italy and is matured gently in the perfect temperature of cave cellars for a taste of superior clarity. This pale lager is well balanced between citrus, bitter tones and floral, fruity undertones giving a consistent and refined flavour.

Craft cider

Orchard Pig craft ciders are full of Somerset character and scrumptious tanins found in West Country cider apples.

Other Owned & Agency

Local, niche and speciality brands as well as world premium brands such as Stella Artois, Becks, Budweiser and Corona.

An unrivalled range across Core, Super-Premium and Craft and other owned and agency brands designed to meet the requirements of our broad and diverse customer base across the UK and Ireland.

Our 6 key pillars for Sustainability and Environmental Responsibility

Conservation of Energy & Water

Carbon Emissions

Waste Reduction

Sustainable Partnerships

Sustainable Packaging

Sustainable Transport

At C&C we regard sustainability as vital in driving our organisation forward. Sustainability is essential, not just for our business but also for the environment and our stakeholders. At Wellpark Brewery, in Glasgow, we encountered a unique challenge, one that would test our sustainability credentials and deliver benefits beyond the original scope of the project.

Responsibility Report