Drinks

Hemp And CBD Beverages Among The Top Trends Set To Shape Soft Drinks Industry

Hemp and CBD-infused beverages are just one of the trends that is set to shake up the global soft drinks industry over the coming years, according to new r...

Coca-Cola HBC Sees Lower Margins After First-Half Profit Surges

Soft drinks bottler Coca-Cola HBC AG has said that it expects lower margins in the second half due to higher costs and inflation, while reporting a jump in...

CVC-Related Group Set To Buy Drinks Firm Stock Spirits In €905m Deal

Stock Spirits has agreed to a takeover from a group affiliated with private-equity firm CVC, in a deal valuing the London-listed vodka maker at £...

Heineken Doubles Profits In First Half, But Sees Costs Rising

Heineken expects the COVID-19 pandemic to weigh on key Asian markets for the rest of the year, while rising costs are also set to dent margins at the Dutch...

Molson Coors Sees Highest Quarterly Top-Line Growth In More Than A Decade

Molson Coors has reported a 17.4% increase in net sales in the second quarter of its financial year, in what chief executive Gavin Hattersley said was the...

Tennent's Maker C&C Group Announces New Role For Chief Operating Officer

C&C Group, the maker of Tennent's lager and Magners cider, has announced that its chief operating officer, Andrea Pozzi, is to take a new role with...

Diageo Sees Net Sales Up 8.3%, Boosted By Bars Reopening

Spirits group Diageo has reported a 8.3% increase in reported net sales in the full year to 30 June, to £12.7 billion (€14.93 billion), boosted...

Beer Sales Surge Boosts Second-Quarter Revenue At AB InBev

Anheuser-Busch InBev has reported a 27.6% increase in revenue in the second quarter of its financial year, restoring sales to to pre-pandemic levels and be...