Inver House Distillers, the Scotland-based spirits arm of International Beverage Holdings has reported a 28% increase in turnover for the year ending December 2011.
Rémy Cointreau raises a cognac to Asia
Rémy Cointreau's consolidated turnover for the 2011/12 financial year was €1,026.1 million, an increase of 13% (up 15.6% organically) compared with the previous year.
UK budget sees alcohol prices increase
UK: The Chancellor has added another 41p to a bottle of spirits and 11p to a bottle of wine in the latest Budget.
Heinekein posts net profits increase of 9.2%
Heineken has announced net profits of €1.5 billion before one-off items, an increase of 9.2%.
Pernod posts 11% sales and 20% net profit increases
Pernod Ricard has announced an 11% increase in sales and a 20% increase in net profit for the six months ending December 31, 2011.
Pernod posts 7% sales growth
Pernod Ricard has posted annual organic sales growth of 7% to achieve a turnover of €7.6b.
€5m global Vinho Verde campaign unveiled
The Vinho Verde Wine Commission (CVRVV), in Portugal, has invested €5m on a three-year global promotion.
SABMiller’s Sudanese brewery invests $15m
SABMiller subsidiary company Southern Sudan Beverages (SSBL) is to invest US$15m to increase production capacity.
Prowein pulls them in: attendance up 5%
Prowein organiser Messe Düsseldorf has announced record attendance figures for the show held this week, 27-29 March 2011.
Amorim registers double-digit volume growth
Cork producer Amorim recorded double-digit volume growth in 2010.
Pernod reports sales increase
Pernod Ricard has reported a sales increase of 13% to €4.28 billion in its half year results.
Diageo’s sales grow despite Europe faltering
Diageo has reported an 4% increase in organic net sales growth for H2 of 2010, despite a drop of 3% in Europe.
Comment
Why craft brands are gaining traction
I’ve always maintained that the cards are stacked against craft spirits brands wanting to build a meaningful travel retail presence.
