Cider maker rolls out 11 per cent interim profit increase

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Apple crush: Taunton Cider's shares dropped 20p to 167p, a 13-month low and just 27p above the company's price at flotation in July 1992. Investors in the Somerset-based company became concerned after Nick Peach, chief executive (right) and Peter Adams, finance director, warned about increased competition from makers of economy-priced ciders. Bottom Line, page 30

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