Latin America and Caribbean see Diageo profit decrease
Johnnie Walker owner Diageo is expecting to see a decline in profit in the first half of fiscal 2024, due to a “weaker performance” in Latin America and Caribbean (LAC).
Carlsberg sales surpass pre-pandemic levels
Carlsberg has upgraded its full-year profit guidance after reporting that sales volumes have now exceeded pre-pandemic levels.
Concha y Toro increased sales by 9.1% in Q2
Leading Chilean wine producer Concha y Toro increased consolidated sales by 9.1% in the three months to June 30.
Edrington reports year-on-year profit decline
Edrington has reported that pre-tax profit decreased 21% year-on-year to £178.4 million for the year ending 31 March 2021.
Pernod Ricard increases profit guidance to 16%
Pernod Ricard’s share price increased 2% this morning after the firm raised its profit growth estimate following “greater than expected business dynamism”.
Concha y Toro posts 8.2% revenue increase for Q1
Leading Chilean wine producer Concha y Toro has reported an 8.2% revenue increase in the first three months of 2021.
Campari Group reports profit decline for 2020
Campari Group has reported that net adjusted profit decreased 24.4% year-on-year to €202.1 million in 2020 as a result of the Covid-19 pandemic.
Heineken to cut 8,000 jobs after sales decline by 11.9%
Heineken has announced plans to cut 8,000 jobs as part of an organisational restructuring effort designed to save €2 billion by 2023.
Diddy, David Beckham and Ryan Reynolds donate $1 million to mixologists
Diddy, David Beckham and Ryan Reynolds have donated $1 million to several organisations that support the bartending community.
Heineken reports 14% volume sales drop in March
Heineken has reported a 14% drop in volume sales during March as a result of the Covid-19 pandemic.
Remy Cointreau expects 9% revenue decline
Remy Cointreau expects to report a 9% decrease in revenue for the 2019/20 fiscal year due to the impact of the coronavirus pandemic.
Gruppo Campari has announced group pre-tax profit of €52.8 million for the quarter ending March 31, 2012.
Burn Stewart Distillers posts profits
Burn Stewart Distillers, producer of brands Bunnahabhain and Scottish Leader, has announced net profits of £3.7 for the financial year ending December 31 2010.
Pernod posts 7% sales growth
Pernod Ricard has posted annual organic sales growth of 7% to achieve a turnover of €7.6b.
Buffalo Trace offers Millenium Barrel to charity
Buffalo Trace Distillery has offered the entire 174-bottle release of its Millennium Barrel expression to US charities for auctioning.