Drinks

Carlsberg Shifts Marketing Focus As Drinkers Choose Cheaper Beer

Brewer Carlsberg is shifting some of its marketing focus to cheaper brands, it said, as consumers in major markets bought cheaper beer and in reduced...

Bulmers-Maker C&C Group Notes H1 Performance ‘In Line With Expectations’

C&C Group plc has reported results in line with expectations despite poor summer weather and subdued market conditions in the first half of its financi...

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US Retailers Expect Spirit Sales To Improve In Next Quarter, Study Finds

Barclays has undertaken a survey of wholesalers and retailers to explore industry views on the US spirits outlook with some surprising results.

Diageo To Invest An Additional €30m Into Guinness 0.0

Spirits giant Diageo is to invest an additional €30 million to double the production of Guinness 0.0 in Ireland's St. James’s Gate brewery.

Remy Cointreau Cuts Sales Outlook As US, China Weigh On Q2

French spirits maker Remy Contreau on Friday dropped its forecast that its full-year sales would gradually recover after quarterly sales fell more than exp...

Heineken Quarterly Revenue Slightly Ahead Of Forecasts

Heineken's third-quarter sales figures beat forecasts, buoyed by higher priced and non-alcoholic beers, while full-year guidance was left unchanged.

Brewer AB InBev Softens Q3 Miss With Share Buyback, Guidance Raise

Anheuser-Busch InBev on Thursday reported third quarter profits, revenues and volumes all well behind forecasts, as the top brewer sold less beer in key ma...

Campari's Third-Quarter Operating Profit Drops 18%

Campari missed forecasts on Tuesday with an 18.2% drop in third-quarter operating profit and the Italian spirits maker warned its fourth-quarter results wo...