C&C Group plc announced consolidated earnings results for the year ended February 28, 2013. For the year, the company reported net revenue of EUR 476.9 million against EUR 480.8 million a year ago. Operating profit was EUR 113.9 million against EUR 111.2 million a year ago. Profit before tax was EUR 109.0 million against EUR 106.1 million a year ago. Profit from continuing operations was EUR 93.0 million or 26.4 cents per diluted share against EUR 92.3 million or 29.2 cents per diluted share a year ago. Profit for the year attributable to equity shareholders was EUR 93.0 million or 26.4 cents per diluted share against EUR 92.2 million or 28.7 cents per diluted share a year ago. Net cash inflow from operating activities was EUR 78.9 million against EUR 120.3 million a year ago. Purchase of property, plant & equipment was EUR 24.1 million against EUR 18.9 million a year ago. Adjusted diluted earnings per share were 27.7 cents against 27.6 cents a year ago. Earnings from continuing operations as adjusted for exceptional items, net of tax were EUR 93.0 million against EUR 92.3 million a year ago. EBITDA was EUR 135.6 million against EUR 131.5 million a year ago. Free cash flow was EUR 54.8 million against EUR 102.6 million a year ago. Net debt was EUR 123.4 million.

C&C Group plc, 2013 Earnings Call, May 15, 2013

C&C Group plc proposed final dividend of 4.75 cent per share will be paid on July 12, 2013 to ordinary shareholders registered at the close of business on May 24, 2013. The group's full year dividend will amount to 8.75 cent per share, a 7.1% increase on the previous year. The proposed full year dividend per share will represent a payout of 31.6% compared to 29.6% for the previous year.