Drinks group C&C has said that its group earnings before interest and tax are now expected to be towards the upper end of current market estimates.
In a trading update for the 12 months to the end of February, C&C said it expects its full year earning per share growth to be about 20%.
C&C said that operational delivery, customer services and the underlying cash contribution of both Matthew Clark and Bidendum in the second half of the year continued to improve.
Last April, the company bought Matthew Clark and Bibendum and its associated businesses – the largest independent distributor to the UK on-trade drinks sector – for a nominal sum.
Meanwhile, the company also said the positive trading momentum has continued in its Scottish, Irish and branded businesses.