Bottle of cheer: Cider maker becomes the apple of City's eye after rising above competition to post pounds 20m profit

Wednesday 06 July 1994 23:02 BST

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Peter Adams, chief executive, and Nick Pearch, finance director, of Taunton Cider, allayed City fears over competition from producers of economy brands. Taunton's shares climbed 12p to 162p in response to profits rising from pounds 17.6m to pounds 20.3m for the year to 30 April.

Bottom Line, page 32

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Bottle of cheer: Cider maker becomes the apple of City's eye after rising above competition to post pounds 20m profit

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