Drinks

Britvic Sees First-Quarter Sales Up, Driven By Higher Pricing

Drinks group Britvic has posted a 7.3% increase in first quarter revenue, to £411 million, on a constant currency basis (reported +9.9%), which the g...

Diageo Tops Sales Estimates, Helped By Premium Brands

Diageo the world's largest spirits maker, beat first-half sales forecast as it raised prices and more people drank premium spirits.

Dubai Scraps 30% Tax On Alcohol Sales Amid Economic Rebound

Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retaile...

EU Spirits Group Calls For Three-Pillar Trade Strategy With ASEAN Countries

spiritsEUROPE, which represents the spirits sector at EU level, has called for the establishment of a 'three-pillar' trade strategy with ASEAN markets in S...

Naked Wines 'Laying The Foundation' For Long-Term Growth, Says CEO

Naked Wines is "laying the foundation for a return to [...] sustained, profitable growth", its chief executive Nick Devlin has said, as the group...

Rémy Cointreau Posts First-Half Profit Above Expectations

Rémy Cointreau reported a stronger-than-expected 27.2% organic jump in first-half operating profit, driven by strong demand for its premium cognac i...

Pricing, Cost Control Helps Britvic Offset Inflation In Full Year

A combination of pricing activity, promotional strategy and cost control helped Britvic mitigate the impact of inflation in its full year to 30 September,...

Heineken Seeks To Offset Cost Inflation As Revenues Rise In Third Quarter

Heineken has reported a 27.5% increase in revenue in the third quarter of its financial year, as the brewer steps up its efforts to tackle increasing cost...