Drinks

AB InBev's Q2 Profit Growth Outshines Sales Miss

Anhueser-Busch InBev has reported forecast-beating core profit for the second quarter as cost discipline measures paid off, despite revenue and volumes fal...

Diageo Set For First Post-COVID Annual Sales Decline

Diageo is set to post its first yearly sales decline since 2020, when it needs to convince investors that plans to turn around its North American and Latin...

Heineken Reports 12.5% Growth In Operating Profit In First Half

Heineken reported a 12.5% rise in half-year operating profit after an anticipated boost from sporting events in June and July did not materialise.

Rémy Cointreau Misses First-Quarter Sales Forecast As US, Asia Woes Deepen

Rémy Cointreau has reported a steeper-than-expected first quarter sales decline as its problems in the US spread to its liqueurs and spirits divisio...

Gruppo Montenegro Acquires Pampero Rum

Italian spirits and food giant Gruppo Montenegro has expanded its portfolio by acquiring Pampero rum from beverage giant Diageo.

Bitburger's Partnership With UEFA Euro 2024 'Exceeds Expectations'

German brewer Bitburger has said that its partnership with UEFA Euro 2024 'exceeded expectations' with the brand featuring in over 90 large areas during th...