Spirits

Rémy Cointreau Raises Full-Year Profit Outlook After Profit Jump

Rémy Cointreau has raised its full-year profit outlook after reporting a stronger-than-expected 104.5% organic jump in first-half operating profit,...

Diageo Forecasts 5% To 7% Sales Growth For Financial Period 2023-25

Diageo expects organic sales growth to be between 5% and 7% for the financial period 2023 to 2025, compared with 4% to 6% growth during 2017 to 2019, the w...

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...