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C&C's H1 down and warns on H2
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Posted 09 October 2008 @ 08:12 am GMT
Irish drinks group C&C said on Thursday that first-half earnings fell slightly and Chief Executive Maurice Pratt would resign because his business strategy in the last two years had not met expectations.
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earnings first half results
Diageo spirits up after earnings riseC&C, whose cider sales have been hit by economic weakness, increased competition and poor weather in the UK and Ireland, said it expected a "material drop" in operating profit for the second half of the year. (Reporting by Andras Gergely, editing by Will Waterman)
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