Australia: Latest beverage news & analysis
Earlier this week, Coca-Cola Amatil issued its results for 2016. The group saw its 12-month sales rise by just over 1%, with net profits on an organic basis increasing by 6%. Here, just-drinks breaks down Coca-Cola Amatil's figures for last year by region.
Earlier this week, Treasury Wine Estates released its results for the first six months of fiscal-2017. Following the announcement, just-drinks spoke to CEO Michael Clarke and, in this, the second part of our interview, we discuss the performances of TWE's regions and ask Clarke what he has brought to the group since he joined, three years ago.
Earlier this week, Treasury Wine Estates released its first-half results, with sales in the six months jumping by almost 25% and net profits more than doubling to AUD136.2m. Here, just-drinks reviews the group's performance in the first half of fiscal-2017 on a by-region basis.
Earlier today, Treasury Wine Estates reported another strong set of figures, with half-year sales jumping by almost a quarter and net profits more-than-doubling. Following the release of the results, just-drinks spoke to CEO Michael Clarke about the numbers, and how he has managed to turn around a company that less than three years ago took an impairment charge of almost US$250m.
This month, Chris Losh turns his attention to the Australian wine industry, and finds a country struggling with scant opportunities and structural problems in its number one export market.
Wine supplier Australian Vintage has blamed Brexit currency headwinds for a sharp drop in first-half net profits.
Coca-Cola Amatil has reported a slight lift in full-year sales, although a one-off impairment charge pulled on the bottom line in 2016.
Treasury Wine Estates has reported a near-25% leap in first-half net sales, and confirmed that CEO Michael Clarke will split his time throughout this calendar year between Australia and the US.
Edrington has confirmed a change of distribution partner in Australia, with Beam Suntory and Coca-Cola Amatil making way for Spirits Platform.
Heineken's Australian unit will refund customers who are not satisfied with the company's new mid-strength beer.
Diageo's Australian unit has appointed Andrew Clarke to the role of commercial director.
Pernod Ricard has hailed an Australian court's decision to dismiss a claim of copyright infringement against its Jacob's Creek wine brand.
Carlton & United Breweries has announced an end to disputes with maintenance workers at its Abbotsford brewery in Melbourne.
Bacardi's Global Travel Retail unit will roll out its Bombay Sapphire campaign to Sydney airport as it looks to capitalise on Australia's thirst for gin.
New Zealand brewer Yeastie Boys has created a joint venture with Experienceit Beverages in Australia as it looks to establish a brewing and distribution base in the country.
Heineken is gearing up for a product launch in Australia this month. But exactly what the product is, the brewer is not saying.
After a 2014 it'll want to forget, Treasury Wine Estates has some good news.
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