C&C Group plc (CCR) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, we're just after half past nine. Good morning, ladies and gentlemen. Welcome to the CNC group. FY26 full year results. It's great to see you all and a warm welcome to all of you whether you are here in person in our offices in St Paul's or indeed if you're joining us remotely this morning. I'm really pleased to be joined today by Adam Phillips who's started as our CFO just a few short weeks ago. I'm sure a number of you already know Adam from his past, but I am delighted to say Adam's hit the ground running and is already making a great impact in the business despite only being here for a very short period of time. So welcome to Adam. In terms of today, you have presentations in front of you and we'll run them through on the screen. I will kick off with a short overview of FY26. I'll then hand over to Adam to take you through the detailed financial review of 2026. Adam will then hand back to me where I will cover an update on strategic direction followed by a short operational review. And we'll close with a short summary and then be happy to take your questions. Moving right along. So I'm on slide four now. It's been a busy year for us at CNC Group. I'm pleased to report we've made some encouraging progress across our strategic priorities. However, it has been a difficult year from a financial performance perspective. There's no getting away from the challenges faced in the sector. And we do not yet have the resilience or agility as a business to withstand the headwinds that we have faced. This theme will be consistent throughout this presentation. We need to build that resilience into our business and that's what we've been doing over the past 12 months. as it happens not quite fast enough to cope with external market challenges that impacted the hospitality m...