Drinks

Food Producer Libstar's Earnings Fall On Drinks Unit Writedown

South African food producer Libstar Holdings Ltd on reported a 16.1% drop in full-year earnings on Wednesday after taking a writedown on its business makin...

Pernod Ricard Seeks To Lift Margins After Arrival Of Activist Investor

French spirits group Pernod Ricard, which is being targeted by activist investor Elliott, has vowed to improve profit margins and shareholders' returns in...

Diageo Not Expecting A ‘Material Impact’ From Brexit

Drinks firm Diageo has said that it is not expecting a ‘material financial impact’ from Brexit on its business, adding that it believes its &ls...

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...

UK Demand Boosts Revenue For Tonic Maker Fever-Tree

Fever-Tree expects to report a surge in revenue for 2018, as warmer-than-usual summer and Christmas demand drove sales of its flavoured tonic water and oth...

Rémy Cointreau’s Third Quarter Sales Beat Forecasts

French spirits group Rémy Cointreau delivered stronger-than-expected third quarter revenues, as the early timing of the Chinese New Year boosted pre...

UK Government Needs To 'Unequivocally' Rule Out No Deal' Brexit: WSTA

The UK's Wine and Spirit Trade Association, which represents the drinks trade, has called on the UK government to "unequivocally" rule out a poss...

Activist Hedge Fund Elliott Takes Stake In Pernod Ricard

Activist hedge fund Elliott Management has taken a stake in Pernod Ricard aiming to improve what Elliott said was relative underperformance at the French d...