Round-Up - Constellation Brands' FY
Constellation Brands' share price spiked after it reported a return to the black in its fourth quarter, as well as higher profits for its fiscal year. Here, just-drinks brings you comprehensive coverage of the results.
Investors have got themselves all giddy over Constellation Brands' better-than-expected profits performance, leaving analysts to try and water down the optimism for the year ahead.
Constellation Brands has said it is confident of maintaining the improved momentum in its US wine business over the next year.
Constellation Brands has steadied the ship by sawing off chunks of dead wood, but what the group really needs is to maintain meaningful wine sales growth in North America.
Lower costs and charges have significantly boosted full-year profits for Constellation Brands, but sales were dragged down by the wine group's recently-sold Australia and Europe division.
- Focus - Edrington's FY Performance by Brand
- Pernod relies on Indian whiskey to crack Africa
- Hail Marie Brizard: But, For How Long?
- Analysis - Storm clouds lift over Diageo Towers
- 5 reasons why Constellation's Meiomi buy works
- Comment - Diageo CFO to North America? Do the Math
- Diageo CFO Mahlan to head up N America
- Diageo sells "non-core" Gleneagles
- Former Bacardi exec takes De Kuyper CEO role
- Diageo lining up Gleneagles sale - report
- Global liqueurs insights - market forecasts, product innovation and consumer trends research
- Edrington Group in Spirits (World)
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review
- The IWSR Company Profile 2014 – Remy Cointreau
- Global Tequila insights - market forecasts, product innovation and consumer trends research