C&C loses Danone contract
18/10/2005 - 08:07:45ISEQ-listed food and beverage company C&C has lost its contract to distribute Danone's Volvic and Evian products in the Republic of Ireland from November 30.
This contract was worth about €12m per annum to C&C, and its loss will affect the profitability of the soft drinks and snacks division of the company.
However, the company says that the group’s overall financial performance for the full 2005/2006 fiscal year is not likely to be affected.
