Belgian brewer Duvel Moortgat has reported a year-on-year rise in beer sales for the first quarter of 2010.
All brands contributed to the rise, said the brewer yesterday (26 April), without publishing figures.
“Despite the weak economic climate, Duvel Moortgat managed to record higher results,” said the brewer, which owns Duvel, Liefmans and La Chouffe beers.
“Should no new and unexpected economic developments occur on the major markets, this growth shall be continued in 2010.”
However, the brewer did warn of rising costs. Malt prices are set to remain high throughout 2010, while packaging costs will rise in the second half of the year. Energy costs should remain stable, it added.
Duvel will publish its half-year results on 27 August.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataSubscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.
What’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
