just the Round-Up - The week in drinks

By | 6 May 2011

The week in drinks

The week in drinks

The top ten stories published on just-drinks this week:

Foster's Group could officially demerge its beer and wine businesses within the next week after the company's shareholders backed the plan.

United Spirits has reported a jump in sales and an increase in profits for its latest fiscal year.

Russian dairy giant Wimm-Bill-Dann (WBD) has appointed a new CEO.

Weak demand for beer in Molson Coors' key markets has blighted an increase in net sales and operating profits for the brewer in its latest quarter.

Anheuser-Busch InBev's CEO has said that the company will not waver from its strategy to increase beer prices in the US, despite ongoing weak consumer confidence in the country.

Pernod Ricard has posted a rise in sales for its third quarter, despite a flat performance in the company's more developed markets.

A “challenging” Europe has held back sales in the third quarter for Diageo, although the period remains “in line” with expectations.

Heineken has confirmed reports that it has won the bidding contest to acquire the state-owned Bedele and Harar breweries in Ethiopia.

The Scotch Whisky Association (SWA) has utilised the legal process opened up by 2009's Scotch Whisky Regulations for the first time, against Scotch producer Reynald & Sons.

Fortune Brands has hailed the performance of its Beam Global Spirits & Wine unit in the first quarter, ahead of the proposed separation of the group.

Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine

Companies: Coors, Foster’s, InBev, United Spirits, Pernod, Ricard, Diageo, Heineken, Scotch Whisky Association, Fortune Brands, Beam Global

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