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

There are currently no comments on this article

Be the first to comment on this article

Related articles

US: MillerCoors sees nine-month profits, beer sales drop

MillerCoors has fallen foul of tough economic conditions and higher commodity costs in the first nine months of 2011, reporting drops in both sales and profits.

Comment - Taps Run Dry at MillerCoors

The US economy is going in the wrong direction just as MillerCoors is scraping the bottom of its synergies barrel.

CANADA/US: Molson Coors nine-month profits drop

Higher costs and an unexpectedly weak performance in the UK have caused Molson Coors to report a drop in nine-month profits, despite a solid increase in net beer sales over the same period.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page