Drinks

C&C Group Expects Full-Year Operating Profit 'In Line With Expectations'

Irish drinks firm C&C Group expects full-year underlying operating profit in line with current market expectations for its financial year 2024.

Paulaner Brauerei Names Thomas Drossé As Managing Director For Sales

Paulaner Brauerei Gruppe has appointed Thomas Drossé as its new managing director for sales, effective 1 February 2024.

Campari €1.2bn Share, Bond Placement To Fund Courvoisier Deal

Italian spirits group Campari has raised €1.2 billion ($1.3 billion) by selling new shares as well as debt that can convert into equity to f...

Anora's Chief Financial Officer To Depart

Drinks group Anora has announced the resignation of chief financial officer Sigmund Toth, with the search for his successor now under way.

Constellation Brands Misses Quarterly Sales Estimates On Tepid Wine, Spirits Demand

Corona beer maker Constellation Brands' third-quarter sales fell short of market expectations, as demand for its higher-priced spirits and wines slowed dow...

Tesco Expects ‘Record Demand’ For No- And Low-Alcohol Drinks This Christmas

UK retailer Tesco has forecast 'record demand' for no- and low-alcohol beer, wines and spirits this Christmas.

Krombacher Group Reports 'Stable' Performance In A Difficult Market Environment

German drinks firm Krombacher Group saw stable performance in full-year 2023 with a marginal 0.1% decline in output to 7.6 million hectolitres (hl).

Alcohol-Free Corona Cero To Be Official Paris Beer As AB InBev Signs Olympics Deal

Anheuser-Busch InBev will be an official sponsor for three Olympic Games starting with the Paris 2024 summer event this year, the brewer said, naming its a...