Spirits

Rémy Cointreau Strengthens Financial Flexibility With €80m Loan

Rémy Cointreau has borrowed €80 million through Crédit Agricole d'Ile-de-France to strengthen its balance sheet structure.

Rémy Cointreau Reports 'Excellent' First Half As Sales Rise 52%

Drinks firm Rémy Cointreau has reported sales of €645.3 million in the first half of its financial year, equating to organic growth of 52.0%, i...

Pernod Ricard Sees First Quarter Sales Up On Strong Demand In China, US, India

Spirits maker Pernod Ricard said it expected good sales growth to continue through its 2022 fiscal year, after strong demand in China, the United States an...

Diageo Makes 'Strong Start' To New Financial Year, Says CEO

Drinks giant Diageo has said that its new financial year is off to a 'strong start', forecasting a boost to operating margins as people spend more at resta...

Pernod Ricard Posts 'Excellent Rebound' As Full-Year Sales Rise 9.7%

Drinks giant Pernod Ricard has reported full-year sales of €8.82 billion, seeing organic growth of 9.7% (+4.5% reported), in what the group said was a...

Finland's Altia Group Sees Sales Grow In Q2, In Line With Market Recovery

Finnish beverage firm Altia Group has reported a 5.4% increase in reported net sales in the second quarter of its financial year, with CEO Pekka Tennil&aum...

Eurostat: One In Twelve Adults In The EU Consumes Alcohol Daily

A new study by Eurostat has found that 8.4% of the EU adult population consumes alcohol on a daily basis. In addition, 28.8% consume alco...

Drinks Makers Focus On High-End Spirits For Post-COVID Growth

Major drinks companies are making deals and reaching joint ventures to boost their offerings of spirits priced at $200-a-bottle and up, the fastest-growing...