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Top industry news
14659 articles
World: Molson Coors’ Q1 sales and profit surpass analysts’ estimates
Molson Coors surpassed Wall Street estimates for first-quarter sales and profit on April 30, helped by higher prices and steady demand for brands such as Coors Light and Miller Lite.
However, . . .
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30 April, 2024
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UK: Greene King planning a new ‘state-of-the-art’ brewery in Bury St Edmunds
A new £40m brewery could be built to produce premium craft beer and cask ale in the UK, BBC reported on April 30.
UK’s leading pub retailer and brewer Greene King . . .
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30 April, 2024
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Ireland: Diageo cleared to build new brewery in Newbridge
The way is now clear for Guinness brewer and drinks giant Diageo to build its planned €200 million brewery for Newbridge, Co Kildare, The Irish Times reported on April 30.
This . . .
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30 April, 2024
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World: Carlsberg reports strong first quarter results
Danish brewer Carlsberg A/S reported strong first quarter results on April 30, with revenue growing by 4.4% year-over-year.
First-quarter revenue increased to 17.13 billion Danish kroner ($2.46 billion) from last year's . . .
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30 April, 2024
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China: Tsingtao Brewery toasts increase in Q1 2024 net profit
China’s Tsingtao Brewery has released the 2024 first quarterly report in accordance with the China Accounting Standards of Business Enterprises.
The company realized operating revenue of RMB10.15 billion, down 5.2% . . .
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30 April, 2024
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Denmark & Russia: Legal battles over Russian unit to last years, Carlsberg CEO says
Legal wrangling over Carlsberg's seized Russian business will likely continue for years, its CEO Jacob Aarup-Andersen said on April 30, Reuters reported.
Moscow took control of Carlsberg's stake in Baltika Breweries . . .
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30 April, 2024
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China: China Resources Beer’s 2023 net income up 19% but misses analysts estimates
China Resources Beer (Holdings) reported revenue of CN¥38.9b for its financial year 2023, up 10% from FY 2022). However, the figure still missed analysts’ estimates by 1.8%, Simply Wall Street . . .
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28 April, 2024
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Taiwan: Heineken to invest US$414 mln in business in Taiwan
Dutch brewing company Heineken N.V. announced on April 26 an investment of NT$13.5 billion (US$414 million) over the next five years in Taiwan, Focus Taiwan reported.
The first multinational brewing company . . .
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26 April, 2024
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World: Pernod Ricard’s third quarter sales lower than expected
Pernod Ricard’s third quarter sales figures were lower than expected as its largest and third biggest markets in U.S. and China remained affected by global economic conditions with consumers resisting . . .
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26 April, 2024
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Canada: Barley crop forecast unchanged at 9.3 mln tonnes
While the soil moisture situation has improved generally, there remain dryness concerns in both Canada and the US, as planting season approaches, RMI Analytics said in their latest report.
For now, . . .
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26 April, 2024
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