The implementation of the Enterprise Resource Planning system in the Matthew Clark and Bibendum business was taking longer than expected, which is now expected to impact the units profitability, the company said in a statement.

C&C acquired the Matthew Clark and Bibendum business in 2018.

The company, which manufactures and distributes branded beer, cider, wine, spirits and soft drinks across the UK and Ireland, expects a one-off impact of about 25 million euros ($27.52 million) associated with ERP system disruption in FY2024, it added.

($1 = 0.9084 euros)

(Reporting by Radhika Anilkumar in Bengaluru)