10 Best Beverage Stocks To Invest In Right Now: C&C Group PLC (CCGGY)
C&C Group plc, incorporated on March 19, 2004, is engaged the production, marketing and selling of cider and beer. The Company operates in five segments: Republic of Ireland (ROI), Cider United Kingdom (Cider UK), Tennents United Kingdom (Tennents UK), International, and Third Party Brands United Kingdom (Third Party Brands UK). The Companys cider brands include Bulmers, Magners, Gaymers Cider, Blackthorn Cider, Olde English, Addlestones, Woodchuck Hard Cider, Wyders Cider and Hornsbys. Its other cider brands include Bulmers Berry, Bulmers Pear, Magners Pear, Magners Specials, Special Vat, K, Natch and Diamond White.
ROI includes the results from sale of all products in the Republic of Ireland (ROI), including Bulmers, Tennents, Caledonia Smooth and third party brands. Cider UK segment includes the results from sale of the Companys cider products in the United Kingdom, with Magners, Gaymers and Blackthorn the principal brands. Tennents UK segment includes the results from sale of the Companys owned beer brand Tennents in the United Kingdom and sales of Caledonia Best in the United Kingdom. International segment includes the results from sale of the Companys cider and beer products, principally Magners, Blackthorn, Hornsbys, Woodchuck and Tennents in all territories outside of the ROI and the United Kingdom. Third Party Brands UK segment relates to the distribution of third party brands and the production and distribution of private label products in the United Kingdom.
Advisors' Opinion:- [By Rich Duprey]
The growth in 2012 follows the success of hard cider sales the year before, which saw a 40% increase. Yet the industry leader remains C&C Group's (NASDAQOTH: CCGGY ) Vermont Hard Cider, whose Woodchuck Hard Cider has a 41% share of the market, though analysts say Angry Orchard owns nearly half of the on-premises market at the end of the first quarter.
! - [By Rich Duprey]
WhileAnheuser-Busch InBev (NYSE: BUD ) introduced some fruit-flavored margarita drinks and even Beam offered flavored bourbons to water down the market more,the bigger threat may be coming from the explosive growth being witnessed inhard cider.Brewer Boston Beer (NYSE: SAM ) rolled out its Angry Orchard cider brand just last year and has already catapulted to the top of the market, surpassing C&C Group's (NASDAQOTH: CCGGY ) Vermont Hard Cider, the previous market leader.
- [By Rich Duprey]
At C&C Group's (NASDAQOTH: CCGGY ) annual meeting earlier this month, it was revealed that when it bought the Hornsby brand two years ago, it paid $25 million and got a 20% share of the market for its efforts. It paid more than 10 times that amount, or about $300 million, for Vermont Hard Cider and its top Woodchuck brand, and got another 42% share of the market. So C&C had almost two-thirds of the cider market all to itself.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-beverage-stocks-to-invest-in-right-now.html
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