just On Call
We report back from drinks companies' conference calls post-results announcement.
Diageo expects to see “intense price competition” continue in Ethiopia as new products emerge, but is “optimistic” for its future in the country, according to its Africa unit president.
Pernod Ricard's Asia head has said the unit is on track in China after a better-than-expected Chinese New Year saw Cognac volumes improve.
The head of Gruppo Campari has admitted that the performance of Wild Turkey was its one disappointment in 2014, but is predicting bigger things from the Bourbon brand this year.
The head of Stock Spirits has reiterated his disappointment at the company's failure to land an acquisition last year, but has maintained that the firm is still conducting negotiations.
SABMiller is upping its focus on the “huge opportunity” for mainstream spirits in Africa by targeting more countries on the continent, and aims to help “legitimise” the category.
The CFO of Brown-Forman has offered hope to Russia's alcohol market, claiming that the company is "doing pretty well" in the challenging country.
The CEO of Treasury Wine Estates has admitted there is still a “lot of work” for the group to do in the US, despite seeing healthy growth for its higher-end brands.
Monster Beverage Corp's CEO has blamed a weaker Australia for a Q4 sales slowdown in Asia but said Japan continues to grow.
Anheuser-Busch InBev's CEO has said he is confident the US beer market will continue to improve this year.
US soft drinks companies will continue to increase their per-litre prices after realising that low prices have been damaging the industry, the head of Cott Corp has said.
SodaStream is to raise the stakes in the battle for the home carbonation market with a platform that dispenses both hot and cold drinks.
The CEO of Coca-Cola Co has said the next decade will provide a “tremendous” growth opportunity for sparkling beverages, as global consumers prove willing to pay more for them.
The head of Coca-Cola Enterprises (CCE) has said it “takes two to tango” when asked why his company is yet to buy Coca-Cola Co's German bottling franchise.
PepsiCo's CFO has said he expects the at-home carbonation category, which includes the Coca-Cola Co's newly-named Keurig Kold, to be a “slow build”.
Carlsberg's CEO has said M&A will be a “low priority” this year as the company reels from profits slumps in Russia and Ukraine.
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