just On Call
We report back from drinks companies' conference calls post-results announcement.
The boss of Constellation Brands has played down rumours linking the company to a possible buy-out of Treasury Wine Estates by saying it is focussed on paying down its debt.
Treasury Wine Estates' CEO has refused to rule out a takeover, telling reporters that new changes to company structure will happen “independent of who may or may not own the business”.
The head of Coca-Cola Enterprises has said the soft drinks industry is “in a far better position today” to fight legislation such as sugar taxes than it was three years ago.
Heineken's CFO has praised innovation in the spirits industry for “showing us the way” to new products, including an alcohol-free radler aimed at stealing share from soft drinks.
The interim CEO of Remy Cointreau has admitted the company depends too much on sales in Asia and will instead seek a “geographical balance”.
The US flavoured whiskey category is on course to be “larger than Scotch”, Brown-Forman's CEO has claimed, after its full-year results showed continued growth for Jack Daniel's variant, Tennessee Honey.
SABMiller expects the disruption it has faced in some African markets to “moderate”, but Zimbabwe is likely to still prove problematic, according to the group's CEO.
Treasury Wine Estates may cut up to 5% of its workforce as part of a cost-cutting plan intended to turnaround falling profits and stave off takeover bids.
Britvic's CEO has said it is trialling its dilute brands in the US, but the focus remains on Fruit Shoot after securing nation-wide distribution.
C&C Group is looking to differentiate its Woodchuck cider brand from major new launches in the US market by upping its focus on craft consumers.
Diageo's Latin America head is keen to dilute the company's dependence on Scotch whisky sales in the region to guard against potential slowdowns.
SodaStream has hit back at suggestions that soft drinks firms refuse to partner with it because its soda machines do not allow for exact dosages.
Political change in Italy has brought renewed consumer confidence to the country, according to Gruppo Campari's CEO.
The head of Jones Soda Co believes the group is “trending in the right direction” but admitted investors could be “tiring” as a long-promised turnaround has yet to emerge.
A cutback on international promotions and sponsorships has helped return Monster Beverage Corp to profits growth, its CEO has said.
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