Constellation will release its H1 results on Thursday

Constellation will release its H1 results on Thursday

Constellation Brands is due to report its first-half numbers on Thursday (2 October). Here, just-drinks examines how the US-based beer, wine and spirits firm has made the headlines in the three months to the end of August.

In the first quarter of the company's fiscal year:

  • Net profits rose 290% to US$206.7m
  • Sales in three months to end of May increased by 127% to $1.53bn
  • Operating profits climbed by 456% to $392.2m

The Q1 numbers were boosted by Constellation taking full ownership of Crown Imports from its JV partner Grupo Modelo last year