Drinks

Campari Chief Executive Matteo Fantacchiotti Steps Down

Italian spirits group Campari has announced that its Matteo Fantacchiotti is resigning with immediate effect due to personal reasons.

UK Retailer WH Smith Posts 7% Annual Revenue Growth

WH Smith reported a higher annual revenue as robust travel demand propelled sales of its products ranging from sandwiches to books.

Constellation Brands To Record Up To $2.5bn In Charges Linked To Wine Business

Constellation Brands will write down the value of its wine and spirits business and take up to a $2.5 billion (€2.275 billion) charge in the current q...

Pernod Ricard's Annual Sales Fall 1% In Line With Estimates

France's Pernod Ricard reported a 1% fall in full-year organic sales, largely in line with forecasts and its own guidance.

Anora Group Sees Sales Down, EBITA Improve In Second Quarter

Nordic drinks firm Anora Group has reported a 3.1% decline in net sales in the second quarter of its financial year, to €177.1 million.

C&C Group Earnings 'In Line With Expectations' In Year To Date

Tennents owner C&C Group has said that its group earnings have been 'in line with expectations' in its financial year to date.

Coca-Cola HBC Raises 2024 Revenue And Operating Profit Forecasts

Bottler Coca-Cola HBC has boosted its annual operating profit and revenue forecasts, as the Swiss group posted higher first-half revenue.

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Spirits Industry Contributes $730bn To Global Economy, Study Finds

The spirits industry contributed $370 billion (€342 billion) to the global economy in 2022, supporting 36 million jobs around the world, a new study b...