C&C Group Plc — Report Publication Announcement 2014

Oct 27, 2014

National Storage Mechanism | Additional information

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Segmental Reporting

In advance of 2015 first half results, C&C Group plc (“C&C” or the “Group”) announces a change to its segmental reporting to reflect its current organisation structure, business model and management of the Group.

The new segments are outlined below together with detail on how the segment was previously classified. Also included below are revenue, net revenue and operating profit for the six months ending 31 August, 2013 (“H1 2014”) and the 12 months ending 28 February, 2014 (“FY 2014”) under the new segments together with the previous segmental classification.

There is no change to the previously reported Group revenue, net revenue or operating profit.

Segment Classification

New Reporting Segment			Previously reported under
Ireland			Previously ROI. Now includes Northern Ireland.
Scotland			Previously the Scottish results were included within Tennent’s UK, Cider UK and Third Party Brands UK.
England & Wales			Previously the E&W results were included within Cider UK and Third Party Brands UK.
Export			Previously included within International.
United States			Previously included within International.

Restated Comparatives

New Reporting Segment											Prior Reported Segment
FY 2014			Revenue		Net Revenue		Operating profit				FY 2014			Revenue		Net Revenue		Operating profit
			€m		€m		€m							€m		€m		€m
Ireland			395.1		289.7		58.6				ROI			330.6		237.3		48.2
Scotland			238.2		130.2		36.2				Cider UK			164.1		112.8		20.7
E&W			199.7		123.2		15.9				Tennent's UK			216.2		103.6		34.6
Export			25.9		25.8		5.3				International			79.9		77.1		16.0
United States			54.0		51.3		10.7				Third Party Brands UK			122.1		89.4		7.2
Total			912.9		620.2		126.7				Total			912.9		620.2		126.7
H1 2014			Revenue		Net Revenue		Operating profit				H1 2014			Revenue		Net Revenue		Operating profit
			€m		€m		€m							€m		€m		€m
Ireland			217.4		163.0		33.0				ROI			181.2		133.4		28.2
Scotland			119.9		66.0		18.6				Cider UK			92.4		63.7		13.7
E&W			107.7		67.7		9.8				Tennent's UK			109.2		52.7		16.6
Export			13.8		13.8		2.7				International			41.4		40.0		9.7
United States			27.6		26.2		7.0				Third Party Brands UK			62.2		46.9		2.9
Total			486.4		336.7		71.1				Total			486.4		336.7		71.1

ENDS

About C&C Group plc

C&C Group plc is a manufacturer, marketer and distributor of branded cider, beer, wine and soft drinks. The Group manufactures Bulmers, the leading Irish cider brand, Magners, the premium international cider brand, Gaymers cider and the Shepton Mallet Cider Mill range of English ciders and the Tennent's beer brand. C&C Group also owns Woodchuck and Hornsby’s, two of the leading craft cider brands in the United States. The Group’s Irish wholesaling subsidiary, Gleeson Group, owns and manufactures Tipperary Water and Finches soft drinks. The Group also distributes a number of beer brands in Scotland, Ireland and Northern Ireland, primarily for Anheuser-Busch Inbev, and owns Wallaces Express, a Scottish drinks wholesaler.

C&C Group plc | Contacts
C&C Group:		Colin Dingwall
		Head of IR
		Email: colin.dingwall@candcgroup.com
Investors, Analysts & Media:		Mark Kenny/Jonathan Neilan
		FTI Consulting
		Tel: +353 1 663 3686
		Email: CandCGroup@fticonsulting.com