Foster's Group Ltd

AUS/US: Treasury Wine Estates to take US$145m hit on US stock clear-out

15 Jul 2013

Treasury Wine Estates (TWE) has announced plans to destroy its old and out-of-date stock in the US, which it estimates will result in a AUD160m (US$145.7m) hit to fiscal 2013 pre-tax profits.

FINLAND: Heineken lines up Hartwall sale to Royal Unibrew

11 Jul 2013

Heineken is to sell Hartwall to Denmark's Royal Unibrew for EUR470m (US$613m) in a deal expected to close before the end of the year.

Analysis - Castel could fetch US$27bn if sold to SABMiller

27 Jun 2013

SABMiller would have to pay up to US$27bn for Africa's second-largest brewer, Castel, if the family-run company chose to sell up, an analyst has estimated.

just the Round-Up - The week in drinks

7 Jun 2013

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

AUS: Treasury Wine Estates appoints ex-Foster's exec as CFO

5 Jun 2013

Treasury Wine Estates has appointed the man who played a key role in its demerger from the Foster's Group as its new CFO.

Analysis - SABMiller outpaces rivals in FY but headwinds persist

24 May 2013

SABMiller has delivered a strong set of full-year results but problems loom, such as pressure on Miller Lite in the US loom, an analyst has warned.

Round-Up - NPD: 2013 - The 'Summer of Shandy'

20 May 2013

This month, Tom Vierhile from Datamonitor considers the recent swathe of NPD in the shandy - or radler - sub-category.

AUS: Brewers push for tax freeze - report

22 Apr 2013

Brewers in Australia are urging the Government to follow the UK's lead by taking action on beer duty, according to local reports.

UK: Europe surprises as SABMiller FY sales rise

18 Apr 2013

SABMiller has said that its latest fiscal full-year performed in line with expectations, as sales delivered a year-on-year increase of 7% in value terms.

GLOBAL: Treasury Wine Estates eyes vineyards in cooler regions - report

15 Apr 2013

Treasury Wine Estates is looking to buy vineyards in cooler areas as the impact of climate change takes effect, the company's CEO has revealed.

Comment - Wine - Our Survey Said...?

4 Apr 2013

Last month, Chris Losh was one of the experts on just-drinks' ‘state of the industry’ webinar. While the webinar looked at the drinks industry as a whole, Chris thinks the results provide plenty of food for thought for the wine companies of this world.

AUS: Penfolds MD leaves Treasury Wine Estates

15 Mar 2013

The head of Treasury Wine Estates' Penfolds wine brand has left the company with “immediate effect” after a year in the role, the company has confirmed.

AUS: Carlton & United Breweries axes Victoria Pale Lager

14 Mar 2013

Carlton & United Breweries (CUB) has confirmed it has pulled the brand Victoria Pale Lager as it steps its focus on reviving Victoria Bitter.

SRI LANKA: Cargills agrees deal to distribute Foster's

5 Mar 2013

Cargills (Ceylon) has agreed a deal with Carlton United Brewers (CUB) to brew and distribute Foster's in Sri Lanka.

AUS: Sales, profits slide in H1 for Treasury Wine Estates

28 Feb 2013

Treasury Wine Estates has posted a marked fall in net profits for the first half of its fiscal year, with sales also slipping in the period.

Product Launch - UK: Heineken's Foster’s Radler

7 Feb 2013

Heineken's Foster’s Radler

GLOBAL: Bacardi appoints new CMO

4 Feb 2013

Bacardi has appointed a former Foster's Group and Diageo executive as its new chief marketing officer.

UK: Treasury Wine Estates picks Bibendum Wines for Penfolds in UK

30 Jan 2013

Bibendum Wines is to distribute Treasury Wine Estates' Penfolds label in the UK from next month.

GLOBAL: SABMiller Q3 sales rise but rain dampens China

22 Jan 2013

SABMiller has posted a jump in third-quarter sales despite bad weather in China that saw its volumes in the country dip.

Review of the Year 2012 - Part I: Beer & Cider

21 Dec 2012

With Christmas fast approaching, it's the time of year when just-drinks takes its annual look back at the past 12 months. Between now and the end of the year we'll assess how the soft drinks, spirits, wine and bottled water sectors have fared in 2012. Up first, however, is beer and cider. just-drinks' deputy editor, James Wilmore, takes us through the highs and lows for the long alcoholic beverage (LAB) category.

UK: Carlsberg appoints former Accolade man as sales director

19 Dec 2012

Carlsberg has appointed a former Accolade Wines executive as its new UK sales director.

UK: SABMiller prices seven-year Euro bond issue

30 Nov 2012

SABMiller subsidiary, SABMiller Holdings, has completed the pricing of a seven-year bond issue in the Euro market, to repay debt from the group's acquisition of Foster's Group.

In the Spotlight - SABMiller's H1 Results

23 Nov 2012

It was business as usual for SABMiller in yesterday's (22 November) first-half results - growth in its high-exposure emerging markets outpacing declines in more established corners of the globe equalling a healthy jump in profits.

UK: H1 profits jump for SABMiller, but FY to see growth "moderation"

22 Nov 2012

SABMiller has sounded a note of caution for its fiscal full-year, as it posted a healthy lift in profits for the first half.

just On Call - SABMiller innovations will fill Europe's profits hole - COO

22 Nov 2012

SABMiller is using innovation to drive Europe volumes in the hope that higher margin products can reverse declining profits from the region, the company has revealed.

just The Preview - SABMiller Q2 & H1

20 Nov 2012

SABMiller will release its second-quarter and half-year results on Thursday (22 November). Here, just-drinks takes a look at the highs and lows for the brewer in the three months to the end of September.

AUS/NZ: Treasury Wine Estates takes full control of Rapaura Vintners

1 Nov 2012

Treasury Wine Estates (TWE) has strengthened its foothold in Marlborough by taking full control of contract winemaker Rapaura Vintners.

AUS: Treasury Wine Estates warns over H1 earnings

22 Oct 2012

Treasury Wine Estates (TWE) says it expects its first-half earnings to fall by around 20%, but full-year profits should recover to mid single-digits.

Global Drinks Industry Logistics - Part III: Asia Pacific

19 Oct 2012

This third - and penultimate - part of October's management briefing, looking at the logistics landscape, shines the light on Asia Pacific.

GLOBAL: Weak volumes dull SABMiller results - analysts

18 Oct 2012

Europe proved a rare bright spot in SABMiller's first-half results as volumes in key markets went limp, analysts have said.