Spirits

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...

Diageo Sees Net Sales Up 8.3%, Boosted By Bars Reopening

Spirits group Diageo has reported a 8.3% increase in reported net sales in the full year to 30 June, to £12.7 billion (€14.93 billion), boosted...

International Trade Crucial For Recovery In EU Spirits Sector: Report

SpiritsEUROPE, which represents producers of alcoholic spirits at the EU level, has identified international trade as a critical factor for the sector&rsqu...

Rémy Cointreau Sees Operating Profit Up 12.8% In Full-Year

French spirits group Rémy Cointreau has reported a 12.8% increase in organic operating profit in full-year 2020/21, beating analyst estimates, with...

Campari Looking To Asia, US For Acquisitions, Chief Executive Says

Drinks group Campari is focused on the United States and Asia as it presses on with its acquisition strategy, and is also targeting premium brands, its chi...

Diageo Expecting Double-Digit Profit Growth This Year

Diageo has said that it expects operating profit to grow by at least 14% in its current financial year, slightly ahead of organic net sales growth, as the...

Henkell Freixenet Increases Sales In The DACH Region

Drinks firm Henkell Freixenet closed the 2020 financial year with a decline in sales of 7.4% compared to the previous year, according to reports. Despit...