The Canadian brewer Molson has said it is confident of meeting its targets for earnings growth for the full year, but warned that it would be taking measures to combat the impact of the drop in value of the Brazilian currency. Molson said it was raising Brazilian beer prices and cutting costs in the market, where it acquired the Kaiser brewery last year, maling it the second biggest Brazilian beer maker behind Ambev.
Subscribe to Just Drinks
Join over 80,000 beverage industry professionals by unlocking full access for just $1 (plus VAT if applicable)
Already a Member? LOGIN HERE
Just Drinks membership gives you:
- Unlimited access to Just Drinks content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings
- Unbeatable market coverage from wine and beer, to soft drinks
- Unrivalled apparel industry comment from Olly Wehring, Andy Morton and leading industry analysts
Want multi-user access? Explore our multi-user & corporate memberships
70% of the beverage companies in the Forbes Global 2000 use Just Drinks
Share this article
