C&C Group’s Magners cider sales in British pubs and restaurants posted a smaller decline in September, Merrion stockbrokers said, citing data from research company AC Nielsen.
The quantity of Magners sold fell 23.7 per cent in September compared with the same month a year earlier, Merrion said today in a note.
Sales on that basis dropped 33.1 per cent in August on a year earlier, it said. C&C rose as much as 25 cents, or 22 per cent, to €1.39 in Dublin and traded at €1.37 as of 2pm.
Bloomberg