C&C has predicted full year figures that will meet expectations. The Irish snack and beverage company said yesterday that it sees underlying group sales and pre-tax profits for the year to the end of February 2005 being in line with market expectations.

C&C, who will announce preliminary results for the year on 10 May, expects underlying turnover to have increased by 4% which it feels is "satisfactory," although sales of its Bulmers cider brand have been hit by the smoking ban in Ireland.

The impact of the weaker US and Canadian dollar on operating profit will amount to around €6.8m in the full year, C&C said.

The figures will be C&C's first full-year results since its initial public offering on the Irish and London Stock Exchanges in May last year. C&C posted a 6% rise in first-half operating profit in October 2004.