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Constellation Brands' Q3 results - Preview

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Constellation Brands will announce its nine-month and third-quarter results on Thursday. Here, just-drinks looks at the wine, beer and spirits producer's activities in the three months to the end of November:

Constellation bought Ballast Point in November

Constellation bought Ballast Point in November

Q1 results highlights:

  • Net profits increased by 15.4% to US$238.6m
  • Net sales in three months to end of May were up by 6.9% to $1.63bn
  • Operating profits climbed by 8.9% to $427.3m 

H1 

  • Half-year net profits rose by 34.4% to $541m
  • Sales in six months to end of August increased by 7.5% to $3.36bn
  • Operating profits were up by 17.6% to $906.7m

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