Drinks

Drink Up! Canned Cocktails Market Set To Grow At 'Breakneck Speed' Between Now And 2030

The market for canned cocktails is set to grow at 'breakneck speed' between now and the end of the decade, driven by an increasingly bespoke array of produ...

German Food Industry Sees Sales Growth Of 9.8% In Q1 2020: BVE

The food industry in Germany reported year-on-year sales growth of 9.8% in the first quarter of the year, amounting to €48.1 billion, according to the...

Norway Sees Record Tax Revenues From Beverage Sales Following Border Closure

Norway has seen a surge in tax revenue from the sale of beer and soft drinks, which has largely been driven by the country's decision to close its border w...

Carlsberg Expects Profit To Fall 10%-15% As Lockdowns Impact Sales

Carlsberg expects organic operating profit to decline 10%-15% this year, as lockdowns continue to impact sales in the second half of the year in its key ma...

Italy Sets New Beer Production, Export and Consumption Records

Italy set new records for beer production, export and consumption last year, according to AssoBirra's Annual Report for 2019. Production increased for t...

Coca-Cola HBC Sees Signs Of Recovery After First-Half Profits Slide

Soft drinks bottler Coca-Cola HBC AG posted a drop in first-half profit due to the coronavirus-led closures of restaurants, cinemas and other public p...

Drinks Giant Diageo Sees Full-Year Organic Sales Fall More Than Expected

Diageo Plc, the world's largest spirits maker, reported a bigger-than-expected decline in underlying net sales, as demand for its whiskeys, vodka and...

AB InBev Sees Signs Of Recovery In Beer Sales

Anheuser-Busch InBev suffered a sharp slide in earnings in the second quarter and took a $2.5 billion (€2.13 billion) impairment charge, reflecting ri...