just the Round-Up - The week in drinks

By | 25 October 2013

The week in drinks

The week in drinks

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

Vinexpo has yet to give the final go-ahead for its new Tokyo show, it has emerged, days after the wine fair organisers confirmed it has had to cancel its inaugural Beijing event.

Heineken has declined to comment on fresh reports that it is in talks to raise its stake in India's United Breweries.

Stock Spirits has set an offer price of GBP2.35 per share for its initial public offering (IPO) in London, valuing the company at around GBP470m (US$757.9m).

MillerCoors has announced a shake-up of its workforce which will include 200 workers leaving the group.

Anadolu Efes has promoted the CEO of its Coca-Cola Icecek unit to be its next leader.

Heineken has flagged that it expects its full-year profits to come in down on 2012, as the brewer's net profits slipped in Q3.

Dr Pepper Snapple Group (DPS) has seen a return to net profits growth in its year-to-date, but warned that the market remains “extremely challenging”.

Pernod Ricard has blamed a slowdown in China and emerging markets for a Q1 sales drop, but has maintained that FY organic profits should still come in positive.

Coca-Cola Enterprises saw volume growth return in its third quarter, but year-to-date profits are down and on-going market challenges persist. 

Carlsberg is aiming to make M&A opportunities easier to pursue with proposed changes to its ownership structure. 

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

Companies: Pernod Ricard, Heineken, Carlsberg, Coca-Cola Enterprises, United Breweries, Dr Pepper, Ricard, Vinexpo, Anadolu Efes

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