DAVY VIEW

C&C has issued a brief statement announcing that the release of its FY24 results, due on May 23rd, will be delayed as “additional time is required to complete a review of certain non-cash accounting measurements relating to previous financial periods”. Congruently, it has reiterated its FY24 guidance for EBIT of c.€60m, which is in line with market expectations, and its intention to return €150m to shareholders over the next three years. The rescheduled date for the group’s FY2024 results announcement will be provided as soon as possible.