Drinks

Anora Suspends Sales To Russia, Verallia Halts Production In Ukraine

Finnish drinks manufacturer Anora has announced it is suspending all sales to Russia, with its chief executive Pekka Tennilä saying that the group is...

Bottler Coca-Cola HBC Beats Profit Estimates As Demand Soars

Coca-Cola HBC AG has said that its annual profit beat market expectations, led by higher demand for low-sugar and energy drinks, the drinks bottler said in...

IFE Unveils Speaker Line-Up For 2022 Edition

IFE, International Food & Drink Event, has announced an inspiring line-up of speakers for its return to ExCeL London on 21-23 March 2022.

Heineken Sees Inflation Impacting Mid-Term Profit Target, Reports Full-Year Earnings

Heineken cast doubt on its mid-term profit margin target due to the significant impact of inflation, after reporting stronger than expected earnings in 202...

Food And Beverage M&A Activity In The UK Reaches Record Levels: Report

The food and beverage (F&B) sector in the UK reported a 50.8% year-on-year growth in merger and acquisition deals in 2021, to 89 transactions, accordin...

Fever-Tree Needs To Build On Momentum After Solid 2021, Says Analyst

Carbonated mixers brand Fever-Tree needs to "continue to build on the momentum" that it experienced over the past year if it is going to boost in...

Britvic Boosted By 'Strong Demand' For Its Products In First Quarter

Soft drinks maker Britvic has reported a 16.5% increase in revenue in the first quarter of its financial year, with CEO Simon Litherland saying the busines...

Diageo Sees First-Half Sales Raised By High-End Spirits

Drinks giant Diageo has reported that first-half sales rose nearly 16%, as more consumers bought high-end spirits and bars increased orders as they reopene...