C&C Group PLC (OTCPK:CGPZF)

$ 2.12 0 (0%) Market Cap: 847.55 Mil Enterprise Value: 1.06 Bil PE Ratio: 28.83 PB Ratio: 1.07 GF Score: 73/100

Full Year 2021 C&C Group PLC Earnings Call Transcript

May 26, 2021 / 07:30AM GMT

Release Date Price: $2.92

Transcript

David Forde

C&C Group plc - Group CEO & Executive Director

Good morning, ladies and gentlemen, and welcome to the C&C Annual Results Presentation. My name is David Forde, I'm the CEO; and I'm joined by my colleague, Patrick McMahon, the CFO, who I'm sure many of you are familiar with.

I'd like to just reference Slides 2, 3 and 4, the disclaimer. And now I'd like to move on with the presentation on Slide 5.

I agreed to join C&C on the 2nd of July last year, and formally started on November 2nd. And little at the time did I realize was a horrendous year, frankly, we were in for with the continuation of the COVID-19 pandemic. We never ever forecast that it would last so long and have such a dramatic impact on our industry.

But in looking at C&C, I still remain absolutely convinced, despite the pandemic, that the strong portfolio of brands, led by Bulmers, Magners and Tennent's is a formidable force in the U.K. and Irish markets, and that our distribution infrastructure calling to somewhere in the region of 34,000 outlets across the U.K. and Ireland is without

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