Shares in drinks company C&C dropped by more than 25% after the owner of cider brand Magners warned of a sharp drop in profits.
The downturn has been caused by wet weather impacting sales of the summer drink, as well as by increased market competition.
Financial Times 4/8/07 page 17 (The Week, Companies & Markets)
The Independent 4/8/07 page 9 (Business)
