Latest news with #Tennent
Glasgow Times
3 days ago
- Climate
- Glasgow Times
Scots offered 'rain cheques' to help keep damp spirits up
A pop-up ATM will appear in Skye next week, which suffered some of the country's worst weather last year, with only 13 days without rain between June to August. It will produce 'cheques' offering reasons to stay cheerful this year, such as having beers with friends or airport pints. They may even include £1,885 in cash, in a nod to the year Tennent's - the company handing the cheques out - was founded. Here's a minute of sweet Glasgow rain. I wish you could smell what it's doing to the soil and the vegetation, the air is rich and dreamy. — stuart murdoch (@nee_massey) May 23, 2025 Joanne Motion, senior brand manager for Tennent's, which has been helping the nation 'brave the summer' since 1885, said: 'Braving the summer here is practically a national sport in Scotland. 'As a country, we normally just get on with the fact we can experience four seasons in any one day - but last year was particularly bad. 'With the lift that we all got from having such a warm and sunny Spring, we thought we'd do something to offset the rubbish days this summer and bring some joy, rain or shine.' Despite enjoying the sunniest-ever spring on record, summer has officially started with gale-force winds in Scotland. The Met Office is forecasting longer periods of rain and strong winds in the north, driven by low-pressure areas moving in from the Atlantic. While London will see highs of 21 degrees over the next seven days, forecasts in Scottish cities like Glasgow and Edinburgh will average 14.5 degrees with rain predicted almost daily, with it having rained every day since summer began on 1st June.. Recommended reading: Set against the backdrop of last year's washout - summer 2024 was the worst since 2015 – Tennent's decided to keep spirits high, even when temperatures are annoyingly low. Further Rain Cheques will come to Glasgow next week too, before hitting other locations across Scotland and also Northern Ireland this summer. To make a withdrawal, all people need to do is track down the Rain Cheque ATM and figure out a special PIN. Its specific location will be revealed on Tennent's social media channels on Monday.
Daily Record
4 days ago
- Climate
- Daily Record
Scots offered 'rain cheques' to keep spirits up in the face of a wet summer
Scotland is facing the prospect of such a wet summer that residents are being offered physical 'rain cheques' to help keep their spirits up. As Scotland braces for another summer of relentless rain and chilly temperatures, drinks brand Tennent's is stepping in to lift the nation's spirits. In a bid to defy the dreary forecast, the company is introducing physical 'Rain Cheques,' offering residents tongue-in-cheek reasons to stay positive and weather the storm, alongside a chance to get cash prizes. Starting next week, a special ATM will appear on the Isle of Skye, an area notorious for last year's soggy summer, where locals endured just 13 dry days between June and August. The machine will dispense 'cheques' providing reasons to remain upbeat this year, such as enjoying pints with mates or airport beverages. In a nod to the founding year of Tennent's, the brewing company behind the campaign, lucky locals might even pick up a 'cheque' of £1,885. Joanne Motion, senior brand manager for Tennent's, which has been assisting the nation to 'brave the summer' since 1885, commented: "Braving the summer here is practically a national sport in Scotland. "As a nation, we usually just soldier on with the fact we can experience four seasons in any one day - but last year was particularly grim. "With the lift that we all got from having such a warm and sunny Spring, we thought we'd do something to offset the rubbish days this summer and bring some joy, rain or shine." Despite basking in the sunniest-ever spring on record, summer has officially started with gale-force winds in Scotland. The Met Office predicts extended spells of rain and potent winds in the north, propelled by low pressure systems sweeping in from the Atlantic. While London is set to enjoy highs of 21 degrees over the coming week, Scottish cities such as Glasgow and Edinburgh are expected to average a cooler 14.5 degrees with almost daily rainfall – having experienced rain every day since summer began on 1st June. In light of last year's washout, the summer of 2024 was the wettest since 2015,Tennent's decided to keep spirits high, even when temperatures are annoyingly low. Additional Rain Cheques will be issued in Glasgow next week, before being rolled out across other parts of Scotland and Northern Ireland this summer. To make a withdrawal, all people need to do is track down the Rain Cheque ATM and figure out a special PIN. Its specific location will be revealed on Tennent's social media channels on Monday.
Scotsman
4 days ago
- Climate
- Scotsman
Scots are being offered physical 'rain cheques' to help keep their spirits up
These rain cheques may include £1,885 in cash | Tennent's Scotland is facing the prospect of such a wet summer that residents are being offered physical 'rain cheques' to help keep their spirits up. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A pop-up ATM will appear in Skye next week - which suffered some of the country's worst weather last year, with only 13 days without rain between June to August. It will produce 'cheques' offering reasons to stay cheerful this year, such as having beers with friends or airport pints. Advertisement Hide Ad Advertisement Hide Ad They may even include £1,885 in cash, in a nod to the year Tennent's - the company handing the cheques out - was founded. Joanne Motion, senior brand manager for Tennent's, which has been helping the nation 'brave the summer' since 1885, said: 'Braving the summer here is practically a national sport in Scotland. 'As a country, we normally just get on with the fact we can experience four seasons in any one day - but last year was particularly bad. 'With the lift that we all got from having such a warm and sunny Spring, we thought we'd do something to offset the rubbish days this summer and bring some joy, rain or shine.' Advertisement Hide Ad Advertisement Hide Ad The pop-up ATM will appear in Skye next week | Tennent's Despite enjoying the sunniest-ever spring on record - and summer has officially started with gale-force winds in Scotland. The Met Office is forecasting longer periods of rain and strong winds in the north, driven by low pressure areas moving in from the Atlantic. While London will see highs of 21 degrees over the next seven days, forecasts in Scottish cities like Glasgow and Edinburgh will average 14.5 degrees with rain predicted almost daily – with it having rained every day since summer began on 1st June.. Set against the backdrop of last year's washout - summer 2024 was the worst since 2015 – Tennent's decided to keep spirits high, even when temperatures are annoyingly low. Advertisement Hide Ad Advertisement Hide Ad Further Rain Cheques will come to Glasgow next week too, before hitting other locations across Scotland and also Northern Ireland this summer.
Yahoo
28-05-2025
- Business
- Yahoo
Profits recover at Magners maker C&C Group
Beer and cider maker C&C Group has seen profits rebound after progressing with turnaround plans. The company, which makes Magners and Tennent's, saw shares lift higher on Wednesday as a result. C&C reported a group operating profit of 45.8 million euro (£38.5 million) for the year to February 28, recovering from a 84.4 million euro (£70.9 million) loss a year earlier. The group said this was driven by its renewed growth strategy, after criticism from some investors over its performance in recent years. Bosses said the company are 'focusing on the basics' as part of this, with plans for further investment in its core brands and by simplifying processes and making operations more efficient. C&C said its efficiency drive has seen it close, or start the process to close, five depots in order to streamline its distribution network. The group said it is also looking to simplify its corporate structure by heavily reducing the group's roughly 30 separate legal entities. It came as the company reported net revenues of 1.66 billion euro (£1.4 billion) for the past year. This represented a marginal improvement on the previous year, despite poor weather last summer weighing down on demand for cider. Roger White, who took over as boss of the firm earlier this year, was optimistic for the rest of the year amid increased investment. He said: 'Looking ahead, year to date trading is encouraging. 'With the key summer trading period ahead, we are executing our plans for the year, supporting our customers, investing in innovation and brand-building, people, and systems, whilst continuing to simplify the business and control costs. 'We remain focused on building a solid platform from which we can maximise the potential of the group. 'We are developing plans to grow sustainably whilst delivering on our financial targets, creating increased long-term shareholder value.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Scotsman
28-05-2025
- Business
- Scotsman
Tennent's to ‘excite customers with new things' as market share grows further
'Tennent's is an amazing brand. One in every two pints of lager sold in Scotland is Tennent's.' – Roger White, C&C Group chief executive Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Scotland's best-selling beer has gained further market share despite ongoing cost-of-living pressures and fallout from last year's Euro 24 football tournament. Tennent's parent company C&C Group said the iconic Glasgow-brewed lager had outperformed total beer market performance in the on-trade sector, increasing market value share by 0.9 per cent in the 12 months to the end of February. However, Tennent's total brand net revenues were down 2 per cent in the period, with higher pricing partly offsetting a volume decline of 6 per cent. Advertisement Hide Ad Advertisement Hide Ad Releasing its full-year results, C&C said the outcome reflected the impact of poorer weather over the summer and the 'temporary impact' of the Euro football tournament, when an estimated 200,000 Scotland fans travelled to Germany over the period, knocking Tennent's sales closer to home. Tennent's, which is brewed in Glasgow, and owned by Irish firm C&C Group remains Scotland's best-selling beer brand. Brand investment in the year centred on Tennent's sponsorship of Scottish football as well as the continuation of the lager's successful 'Oooft' campaign. The annual results were the first for Irish C&C Group under the leadership of Roger White, who took the helm as chief executive towards the end of January, having led AG Barr, the Cumbernauld-headquartered maker of Irn-Bru, for 22 years until May last year. White, who was one of Scotland's longest-serving chief executives before he stepped down at the famous soft drinks maker, pointed to progress on a number of fronts over the past year, despite the ongoing challenging macro and market backdrop. Advertisement Hide Ad Advertisement Hide Ad 'It's good to be here and I think it was a pretty resilient performance from the group last year, recovering from some of the prior year's challenges,' he told The Scotsman. 'We are moving in the right direction but there's plenty to do. Roger White is the chief executive of C&C Group, having previously led Irn-Bru maker AG Barr. Picture: Rich Davenport 'Tennent's is an amazing brand. One in every two pints of lager sold in Scotland is Tennent's,' White noted. 'It appeals to a very broad-based consumer group but there's a lot I think we can do with it. 'It has been reasonably well invested over the last few years from a broad marketing point of view but it hasn't had a lot of development work done to it. There isn't a lot of innovation or breadth to the Tennent's portfolio. 'From my point of view, although it's early days, there is plenty we can do to excite our customers with new things from Tennent's.' Advertisement Hide Ad Advertisement Hide Ad Those future plans could target further gains in the popular low and no alcohol beer markets and undertaking 'one-off special brews'. C&C Group's other brands include Bulmers. C&C Group posted adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of €112 million (£94m) for the year to February 28, up by almost a fifth on the previous 12 months. The key operating profit measure saw growth of 28.5 per cent to €77.1m (£65m), with improved operating margins in the branded and distribution segments. Net revenues came in at just under €1.67 billion, up from about €1.65bn previously. White said the group, whose other brands include Bulmers, Magners, Menabrea and Orchard Pig, had seen limited tariff impact on trading and costs in recent weeks. Advertisement Hide Ad Advertisement Hide Ad 'There is a macro impact on the economy and confidence but we have relatively little exposure to outbound or inbound movement of goods,' he added. 'However, we are keeping a close eye on what's going on.' The group warned that overall employment costs in the UK would grow in the coming year due to the increase in the national minimum wage and employer national insurance (NI) contributions announced in last autumn's Budget, and implemented from last month. The introduction of further legislative activity, such as the extended producer responsibility levy and the already introduced deposit return scheme in Ireland, will cause further price inflation, C&C added. White said the NI and wage hikes were having a significant impact on bars and restaurants, but pledged to 'support our hospitality customers at what is a pretty difficult time for them'. Greg Johnson, an analyst at brokerage Shore Capital, said C&C's full-year results were 'very much in line' with his expectations including solid underlying cash generation. Advertisement Hide Ad Advertisement Hide Ad He added: 'With an encouraging start to the new financial year, we would not envisage any change to forecasts and look forward to the group executing on its medium-term targets for operating profit building back to €100m. 'The preliminary results are the first under new CEO Roger White, and we are encouraged by the reconfirmation of this commitment, with the statement highlighting opportunities through business simplification, reinvigorating Magners, developing its premium drinks portfolio and market share gains in distribution. Comments around the potential across the core brands of Bulmers and Tennent's also piqued our interest.' Tariff impact Analysts at Davy Research noted: 'Management anticipates limited tariff impact on trading and costs. Current focus for management remains supporting customers, investing behind core brands, people and systems, whilst continuing to simplify the business and control costs.' In his statement to investors, White said: 'Looking ahead, year to date trading is encouraging. With the key summer trading period ahead, we are executing our plans for the year, supporting our customers, investing in innovation and brand-building, people and systems, whilst continuing to simplify the business and control costs. Advertisement Hide Ad Advertisement Hide Ad
