Operating Profit Increase
The company reported a 4% increase in operating profit, driven by improved margins in both the Branded and Distribution segments.
Strong Cash Flow
The company continues to generate strong free cash flow, supporting capital allocation choices with dividends and share buybacks.
Tennent's Growth
Tennent's brand has maintained market share in Scotland and continues to outperform competitors with innovative product launches and strong sales.
Bulmers Revenue Growth
Bulmers reported over 6% revenue growth, driven by strong brand investment and a revitalized communication strategy.
Premium Portfolio Expansion
Menebrea saw an 8% increase in on-trade volume sales, and Outsider expanded into new markets, indicating successful premium portfolio growth.