Drinks

Beer Giant AB InBev Meets Q1 Revenue Forecasts

Anheuser-Busch InBev has reported a rise of 2.6% in first-quarter sales, in line with forecasts, but the impact of a roughly year-old U.S boycott of key br...

Chinese Tariffs Could Leave Cognac Makers With Too Much Brandy

High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere.

Diageo Names Nik Jhangiani As New Finance Chief

Diageo named Nik Jhangiani as its chief financial officer with Lavanya Chandrashekar leaving after three years in the role.

Molson Coors Beats Q1 Estimates On Higher Prices, Strong Demand

Molson Coors surpassed Wall Street estimates for first-quarter sales and profit, helped by higher prices as well as steady demand for the beer maker's bran...

Carlsberg Says Price Increases Gave Solid Start To 2024

Danish brewer Carlsberg sold more of its premium beer brands and saw price increases in all its main markets during the first quarter, its CEO said.

Pernod Ricard Banks On 'Dynamic' Fourth Quarter

Pernod Ricard reported worse than expected third quarter sales as its big U.S. and Chinese businesses remained under heavy pressure.

Aperitif Sales Help Campari Limit Core Profit Drop In First Quarter

Italian drinks group Campari posted a 4.9% drop in operating profit in the first quarter, broadly in line with expectations.

French Cognac Makers Rally On China's 'Open Attitude' To Anti-Dumping Probe

French cognac makers rallied on Tuesday (7 May) as Chinese President Xi Jinping presented what his French counterpart described as an "open attitude&q...