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January 5, 2015

just The Preview – Constellation Brands Q3 & YTD

On Thursday, Constellation Brands will release its third-quarter and year-to-date results. Here, just-drinks takes a look at the beer, wine and spirits firm's movements in its latest quarter.

On Thursday, Constellation Brands will release its third-quarter and year-to-date results. Here, just-drinks takes a look at the beer, wine and spirits firm’s movements in its latest quarter: 

In Constellation’s H1 results: 

  • Profits on reported basis fell by 74.5% to US$402.5m
  • Sales in six months to end of August jumped by 46.7% to $3.13bn
  • Operating profits slid by 55.8% to $770.9m

In the company’s Q1:

  • Net profits soared 290% to US$206.7m
  • Sales in three months to the end of May doubled, up 126.6% to $1.53bn
  • Operating profits rose by 456% to $392.2m

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