Beer

Alcohol Sales In Norway Declined 2.4% In 2023

Volume sales of alcoholic beverages declined by 2.4% in Norway in 2023, to 392 million litres, compared to the preceding year.

AB InBev Hikes Dividend, But No New Share Buyback

Anheuser-Busch InBev has raised its annual dividend by 9%, though analysts warned investors may be disappointed by the absence of a new share buyback and w...

Japan's Asahi Eyes Overseas M&A To Quadruple Sales Of Super Dry Beer

Japan's Asahi Group Holdings is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dr...

Investors Tempted By Brewers As Spirits Sales Falter

Investors are warming to beer stocks as a relatively cheap way to benefit from growth in alcohol brands, particularly in emerging markets, as eas...

South African Breweries Turns To Lime Farming To Support Corona Beer

A shortage of limes in South Africa has prompted AB InBev's South African Breweries (SAB) to invest 19 million rand ($999,000) in a local lime farming proj...

Bitburger Brewery Reports Turnover Growth Of 6.4% In FY 2023

German brewer Bitburger has reported a 6.4% year-on-year increase in turnover, to €776 million, in its financial year 2023.

Sapporo To Refocus On Beer Business As Activist Raises Stake

Sapporo Holdings, the Japanese brewer pressured by activist investors to sell its property holdings, wants to announce its business portfolio reorganisatio...

Heineken Cautious On 2024 Profits Amid Economic Volatility

Dutch brewer Heineken has forecast low- to high-single digit percentage growth in operating profit in 2024, citing volatility in geopolitics and economic c...