05 May 2026
05 May 2026
Shares in the world’s largest brewer jumped almost 8% after the Budweiser owner beat analyst expectations on volumes and revenue.
The European Coffee Federation said it saw the move as "an important step towards a more coherent and workable framework for the sector".
The fine follows a complaint filed by Heineken, which prompted an investigation by the Vietnamese National Competition Commission (NCC).
The US Coca-Cola bottler said it plans to add a new production line at the Indiana site, “specifically for bottling beverages in glass bottles”.
The Croatian FMCG group described Waterdrop as a “distinctive international brand with significant long-term growth potential”.
The removal of the 10% baseline tariff, which was implemented in April last year, has been welcomed by industry bodies on both sides of the Atlantic.
Speaking to analysts yesterday (30 April), CFO Tracey Joubert said the group still had "a few pinch points in some of our packages".
Instead of speculating about why the discussions didn't lead to a deal, it might be more fruitful to think about what could happen next for Pernod and Brown-Forman.
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