The sale was welcomed by analysts. "Greencore Continental was struggling in a very competitive market so the sale has been expected," said Joe Gill of Bloxham Stockbrokers. "It is believed the proceeds of the sale will be spent on either debt reduction or expanding the business in the US. "The bottom line is that the US market is essential to Greencore so in that context this sale is a sensible move," he added. Liam Igoe of Goodbody Stockbrokers said: "A deal along these lines has been expected since the sales of the water and malt divisions. "This allows Greencore to focus more on its core businesses," he added 
Share:  The sale was welcomed by analysts. "<span class="company">Greencore</span> Continental was struggling in a very competitive market so the sale has been expected," said Joe Gill of Bloxham Stockbrokers. "It is believed the proceeds of the sale will be spent on either debt reduction or expanding the business in the US. "The bottom line is that the US market is essential to <span class="company">Greencore</span> so in that context this sale is a sensible move," he added.<span class="sent"> <span class="analyst">Liam Igoe</span> of Goodbody Stockbrokers said: "A deal along these lines has been expected since the sales of the water and malt divisions.</span> "This allows <span class="company">Greencore</span> to focus more on its core businesses," he added....The sale was welcomed by analysts. "<span class="company">Greencore</span> Continental was struggling in a very competitive market so the sale has been expected," said Joe Gill of Bloxham Stockbrokers. "It is believed the proceeds of the sale will be spent on either debt reduction or expanding the business in the US. "The bottom line is that the US market is essential to <span class="company">Greencore</span> so in that context this sale is a sensible move," he added.<span class="sent"> <span class="analyst">Liam Igoe</span> of Goodbody Stockbrokers said: "A deal along these lines has been expected since the sales of the water and malt divisions.</span> "This allows <span class="company">Greencore</span> to focus more on its core businesses," he added. Tweet this   read full story

C&C GROUP received a blow yesterday with the news that sales of its flagship Magners cider at British pubs and restaurants fell significantly between April and May. According to Goodbody stockbrokers, the latest Nielsen on trade data shows that sales of Magners declined 15pc in the four weeks to May 15 compared with the same period in 2009. That decline outpaced the wider cider market which experienced a decline of 8pc overall. Liam Igoe, an analyst with Goodbody stockbrokers, said the decline broke a long standing trend in the on trade. 
Share:  <span class="company">C&C GROUP</span> received a blow yesterday with the news that sales of its flagship Magners cider at British pubs and restaurants fell significantly between April and May. According to Goodbody stockbrokers, the latest Nielsen on trade data shows that sales of Magners declined 15pc in the four weeks to May 15 compared with the same period in 2009.<span class="sent"> That decline outpaced the wider cider market which experienced a decline of 8pc overall. <span class="analyst">Liam Igoe</span>, an analyst with Goodbody stockbrokers, said the decline broke a long standing trend in the on trade.</span>...<span class="company">C&C GROUP</span> received a blow yesterday with the news that sales of its flagship Magners cider at British pubs and restaurants fell significantly between April and May. According to Goodbody stockbrokers, the latest Nielsen on trade data shows that sales of Magners declined 15pc in the four weeks to May 15 compared with the same period in 2009.<span class="sent"> That decline outpaced the wider cider market which experienced a decline of 8pc overall. <span class="analyst">Liam Igoe</span>, an analyst with Goodbody stockbrokers, said the decline broke a long standing trend in the on trade.</span> Tweet this   read full story

Overall, it was a strong month for the "off" cider market in general. Bulmers, which is owned by Heineken in the UK, was also up but Magners had faster growth year on year. Liam Igoe, an analyst with Goodbody stockbrokers, said the latest data continued a trend of growth in the UK. Margin. "The latest off trade data continues the positive arc of the cider market in the UK. "The equivalent data for the on trade a fortnight ago showed actual positive year on year volume increases since February," he said 
Share:  Overall, it was a strong month for the "off" cider market in general.<span class="sent"> Bulmers, which is owned by <span class="company">Heineken</span> in the UK, was also up but Magners had faster growth year on year. <span class="analyst">Liam Igoe</span>, an analyst with Goodbody stockbrokers, said the latest data continued a trend of growth in the UK. Margin.</span> "The latest off trade data continues the positive arc of the cider market in the UK. "The equivalent data for the on trade a fortnight ago showed actual positive year on year volume increases since February," he said....Overall, it was a strong month for the "off" cider market in general.<span class="sent"> Bulmers, which is owned by <span class="company">Heineken</span> in the UK, was also up but Magners had faster growth year on year. <span class="analyst">Liam Igoe</span>, an analyst with Goodbody stockbrokers, said the latest data continued a trend of growth in the UK. Margin.</span> "The latest off trade data continues the positive arc of the cider market in the UK. "The equivalent data for the on trade a fortnight ago showed actual positive year on year volume increases since February," he said. Tweet this   read full story