CANADA: Molsen announces profits to shareholders
Molson shareholders were told at an annual shareholders meeting in Montreal that the Canadian beer giant made profits of CAN$133.9m (US$87.2m) for the year ended in March, compared to a loss of CAN$44m last year. The brewery claimed that as a result, its share price has increased by 88%, which it says is higher than any other major brewer worldwide. Molson's revenue went up 5% with beer volume rising 2.6%.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- The End of the Road for International Beer Brands?
- Allegro: The shape of things to come at Pernod?
- Comment - Another One Bites Bacardi's Dust
- Pernod Ricard's FY Performance by Region, Brand
- US craft vodka puts squeeze on Pernod's Absolut
- Pernod bemoans tough FY as sales, profits drop
- ASA bans Jägermeister TV ad
- Pernod Ricard set for CMO switch
- Scotch whisky leaders sign pro-UK letter
- Bacardi announces CFO switch