Beverages

Moody's Revises Outlook For Global Beverage Industry To Positive

Moody's has revised its outlook for the global beverages industry from stable to positive, saying that beverage firms' are likely to see a 'healthy' increa...

Fever-Tree Sees Revenue Up 40% In ‘Significant’ Year

Beverage firm Fever-Tree has announced a 40% increase in revenue in full-year 2018, to £237.4 million/€277.54 million. The supplier of premiu...

Britvic Revenue Boosted By Demand For Low Sugar Beverages

British soft drinks company Britvic Plc has reported higher first-quarter revenue, driven by sales of low sugar and fruit-based beverages. Britvic, whos...

Serbia Takes Steps To Halt 'Added Sugar' In Beverages

Serbia has imposed new rules on domestic fruit juice producers, effectively banning the use of added sugar from products. A new regulation on fruit juic...

Soft Drinks Sales in Italy Down By 25% Since 2009

In spite of recent summers in Italy getting progressively hotter, sales of soft drinks in the country have fallen by 25% since 2009, a study has found....

Femsa Sells €2.5 Billion Stake In Heineken

Mexican beverage company Femsa has announced that it has sold a stake of 5.24% in Heineken, generating approximately €2.5 billion. Femsa has sold 2...

Angolan Beverage Factory Receives Green Light

An international consortium has been granted permission to set up a beverage plant in Angola, manufacturing and packaging wine, water and juice, according...

Irish Food And Drink Exports Reach €11.15 Billion

The value of Irish agri-food and drink exports surpassed €11 billion for the first time ever in 2016, Minister for Agriculture Michael Creed recently&...

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Global Beverage Industry Profits To Grow 4% To 5% In Next 12-18 Months: Moody’s