Wine

Spirits Group Anora Lowers 2024 Profit Guidance

Nordic spirits group Anora has lowered its guidance for 2024, with the business now expecting comparable EBITDA for the year to be between €65 million...

spiritsEUROPE Calls On European Commission To Seek A ‘Negotiated Solution’ With Chinese Counterparts

spiritsEUROPE, the representative body for the spirits industry at a European level, has urged the European Commission to find a negotiated solution with i...

France Cuts Wine Output Estimate As Harvest Confirms Weather Damage

France cut its projection for this year's wine crop following the rainiest September in 25 years, with 2024 now forecast to be among the worst recent vinta...

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...

Wine Wins, Crops Lose, As Farmers Grapple With Record Balkans Heat

Balkan wine growers say hot weather has boosted the sugar content in their grapes, but corn, soy, sunflowers and some vegetables can be devastated, farmers...

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.

Norwegians Spent 12.9% More On Cross-Border Trade In H1 2024

Norwegian shoppers spent NOK 5.1 billion on trips across the border during the first six months of 2024, or 12.9% more compared to the same period last yea...