News

Suntory Holdings boosts YTD as Beam Suntory shines

Most popular

Another drinks CEO steps down - But, why?

Pernod Ricard Performance Trends 2014-2018 - data

What's coming up in soft drinks in 2019?

A-B InBev - getting ready for Heineken in China?

MORE
  • Nine-month net profits for the group climb 9% to JPY32.1bn (US$260.7m)
  • Net sales up 11% to JPY1.97tn
  • Operating profits increase 12%% to JPY130.6bn
  • Beam Suntory sales up 36%

Beam Suntory upped sales by 36% in the first nine months of the year to drive growth for owner Suntory Holdings.

Makers Mark has found strong volumes growth

Maker's Mark has found strong volumes growth

The spirits unit, which was formed when Suntory bought Beam Inc last year, saw strong growth in its whisk(e)y portfolio, with Maker’s Mark, Knob Creek and Hibiki driving “especially strong” volumes growth, the company said last week. Sales were up in North America, while at Suntory's spirits unit for Japan, Suntory Spirits, sales were up 8% in the year to date.

The performance saw Suntory's overall nine-month net profits climb by 9% to JPY32.1bn (US$260.7m). Net sales were up 11% to JPY1.97tn in the same period while operating profits increased 12% to JPY130.6bn. 

Suntory's soft drinks and snack unit also increased sales for the nine months, up 8% to JPY1.02tn, while profits climbed by 7% to JPY84.1bn.

Beer volumes for Suntory Beer were mainly flat against an overall market drop of 1%, Suntory said. Suntory's wine unit, Wine International, grew sales by 5% year-on-year.
Suntory also operates non-beverage business units, including Suntory Wellness, Dynac Corporation and Häagen-Dazs Japan. Combined sales for the units were down 8% at JPY227.7bn, while profits remained flat at JPY24.2bn.

To read the company's full results, click here.


Related Content

How did Beam Suntory and Suntory Holdings perform in their H1? - results data

How did Beam Suntory and Suntory Holdings perform in their H1? - results data...

Beam Suntory boosts top-line in 2016, but Suntory alcohol sales dip - results

Beam Suntory boosts top-line in 2016, but Suntory alcohol sales dip - results...

Carlsberg Q3 & YTD 2017 by region - results data

Carlsberg Q3 & YTD 2017 by region - results data...

Beam Suntory readies succession as CEO Matt Shattock set to stand down next year

Beam Suntory readies succession as CEO Matt Shattock set to stand down next year...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?