Tennent’s owner C&C Group has reported a slip in sales for the six months to August 31.
The company said in a trading statement today that H1 sales are expected to be €870 million – down 1% on the prior year period.
Operating profit for H1 is expected to be in the range of €29-€31 million and includes the “significant majority” of the one-off profit impact associated with Enterprise Resource Planning (ERP) software system implementation disruption.
Back in May this year, the company said CEO David Forde had stepped down. The news came as C&C announced it had “encountered significant challenges” with the implementation of the ERP system upgrade in the Matthew Clark and Bibendum business unit.
“C&C currently expects a one-off impact of c.€25 million associated with ERP system disruption in FY2024,” the company said at the time.
Earlier today, C&C reported “good…
