• Nine-month net sales for Suntorys' alcoholic beverages up 4% to JPY739bn (US$6.47bn)
  • Operating profits climb 9% to JPY65.2bn
  • Beam Suntory sales up mid-single digits
Suntory said there had been a strong start to the launch of Jim Beam Vanilla

Suntory said there had been a strong start to the launch of Jim Beam Vanilla

Suntory's Bourbon brands have driven YTD growth as strong global demand for Jim Beam and Maker's Mark continued.

Suntory said today its two core Bourbons grew case volumes by double-digits in the nine months to the end of September. The performance, which extends an ongoing Bourbon boom that has seen many North American whiskey brands flourish, pushed sales for Suntory's global spirits division, Beam Suntory, up mid-single digits. Overall sales for Suntory alcohol climbed by 4%.

In other categories, wine and beer sales were up, but beer struggled as the overall Japanese market declined.

Suntory said Jim Beam sales were led by strong demand for its white label expressions and faster growth for premium brands. Sipsmith gin boosted global volumes by double digits. The company also said there were "excellent initial results" for Jim Beam Vanilla, which was launched in August.

Meanwhile, Beam Suntory delivered high single digit sales growth in Europe. The US was up mid-single digits and Asia's emerging markets jumped by double-digits. Suntory's Japanese spirits unit, Suntory Spirits, increased sales by 5% in the nine-month period.

The results for Suntory's alcohol brands follow those of its soft drinks and food unit, Suntory Beverage & Food, last week. Sales growth in all regions helped drive a solid nine-month performance for SBF.

The combined results, along with Suntory's other units such as its pharmaceutical division, pushed net sales up by 2% and operating profits up by 5%. In YTD results last year, Suntory posted flat sales growth.

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