just the round-up - The week in drinks

By | 31 July 2009

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

Penod Ricard and Tia Maria

FRANCE/ITALY: Pernod Ricard sells Tia Maria to Ilva Saronno

Pernod Ricard has continued its divestment programme with the sell-off of its Tia Maria coffee liqueur brand to Illva Saronno.

Cott Corp Q2 insight

US/CANADA: Cott Corp upbeat on year so far, warns of H2 challenges

Cott Corporation has hailed a successful second quarter of 2009, but said it remains cautious for the remainder of this year.

FEMSA Q2 insight

MEXICO: FEMSA upbeat for full-year, despite "ugly" Q2

Fomento Económico Mexicano (FEMSA) has said it is optimistic about the rest of 2009, after what it has described as "a very ugly second quarter".

PepsiAmericas Q2 insight

US: PepsiAmericas confident on US sales rise

The chairman and CEO of PepsiAmericas, Robert Pohlad, has said that the soft drinks bottler wants to see and end to a takeover dispute with PepsiCo, which is disrupting business.

Coca-Cola Enterprises Q2 insight

Insight - Coca-Cola Enterprises sees bottled water in US drag on Q2

Coca-Cola Enterprises has warned of a weakening bottled water market in the US, but hailed strong performances by the Coke Zero, Monster and Glaceau drinks brands in its second quarter.

Australian RTD sales

AUS: RTD sector in high spirits - figures

Australian off-premise spirits sales rose 8% in June compared to the same month a year earlier, led by a 13% surge in sales of RTDs and cider, according to market research firm Neilsen.

Foster's debt facility

AUS: Foster's Group approves US$500m debt facility

Foster's Group has approved a US$500m debt facility, secured thanks to strong support from Asian banks.

United Spirits Q1 results

INDIA: United Spirits Q1 profits, sales rise

United Spirits has reported strong rises in sales and profits for its fiscal first quarter and has confirmed its plan to raise a further US$300m to pay down debts.

SABMiller Q1 update

UK: Africa, Asia buoys SABMiller in Q1, appoints director

SABMiller has credited the beer markets of Africa and Asia for keeping its volume sales level in its latest quarter.

Carlsberg poaches SABMiller exec

DENMARK: Exec runaround sees SABMiller man join Carlsberg

Carlsberg has poached an SABMiller executive to head up its operations in Asia.

Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine

Companies: Ricard, Cott, FEMSA, PepsiAmericas, Pernod, Coca-Cola Enterprises, United Spirits, Foster’s, PepsiCo, SABMiller, Coke, Carlsberg

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