Diageo has outperformed analysts’ expectations by reporting organic net sales growth of 16% for the year to June 30.

Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.

Beverage alcohol in Asia Pacific markets is expected to gain more than +2% in volume and more than +4% in retail value by the end of 2021, according to IWSR Drinks Market Analysis.

Pernod Ricard’s share price increased 2% this morning after the firm raised its profit growth estimate following “greater than expected business dynamism”.

The global economy is now expected to grow by 6% this year after developed nations ramped up the Covid-19 vaccination drive, according to the International Monetary Fund.

Organic net sales at Campari Group increased by 17.9% to reach €397.9 million in the first three months of 2021.

Henkell Freixenet has reported that net sales decreased by 7.4% year-on-year in 2020 after the Covid-19 pandemic caused bars and restaurants to close for several months.

Carlsberg has reported organic volume sales growth of 11.5% for the first three months of 2021.

Pernod Ricard’s global sales have seen a 1.7% organic growth for the first nine months of FY21 which totalled €6,941m.

We caught up with Katie Souter of Vin-X to learn more about why fine wine could make an appealing investment opportunity during the current economic climate.

The UK government has announced a second consecutive duty freeze on spirits, wine, beer and cider.

Pernod Ricard sales for H1 FY21 have shown an organic decline of -3.9% on the previous year largely due to the ongoing struggles of travel retail.

Freixenet Copestick cemented its status as the UK’s leading supplier of sparkling wine by increasing sales 21% over the Christmas trading period.

Remy Cointreau has reported 25.1% sales growth for the final three months of 2020.

Drinks International caught up with Naked Wines’ chief financial officer James Crawford to discuss the firm’s impressive H1 results.

Naked Wines enjoyed 79.6% revenue growth in the six months to September 28 after demand for online wine purchases soared during the lockdown.

Joe Milner's Milestone Beverages has been driving expansion through Asia, and it is now eyeing new markets. Martin Green hears how the company plans to move forward.

BrewDog has launched a craft beer advent calendar with support from DS Smith and Glenhaze.

AB InBev reported a 4% revenue increase in Q3 after enjoying surging sales in Brazil, Mexico and the United States.

Carlsberg increased its forecast for full-year earnings after enjoying organic volume growth of 2.4% during the third quarter.

The beer, wine and spirits category remained the star performer in the UK retail sector as it enjoyed 17% growth in the four weeks to October 3.

Diageo will purchase Aviation Gin and several sister brands in a deal worth up to $610 million.

Sales of spirits, wine and beer continue to soar in the US off-trade as shoppers shun bars and restaurants in favor of drinking at home.

Leading Chilean wine producer Concha y Toro has reported that Q2 consolidated sales grew 16.5% in difficult trading conditions.

Naked Wines has reported 81% year-on-year revenue growth during April and May as online orders spiked during the coronavirus lockdown.

Amber Beverage Group has tipped Australia and China to lead the way as the global drinks industry emerges from the coronavirus crisis.

Norway’s wine and liquor monopoly retailer has reported 28% volume sales growth during the first five months of 2020.

Attracting younger wine drinkers and in-country representation is key to success in Asia, says research commissioned by Messe Düsseldorf, the company behind ProWein.

Sparkling wine

01 November, 2012

Susanne Stauß takes a closer look at the global sparkling wine market

Pernod Ricard has achieved its highest-level of growth since before the global recession, thanks to strong sales in Asia and a rallying performance in mature markets.  

Distell, South Africa’s leading wine and spirits producer, has reported a 15% growth in revenue for the year to June 2012 and a 9.9% increase in sales volumes across its portfolio of wines, spirits and RTDs in both domestic and international markets.

Diageo has announced a 6% net sales growth and 9% increase in operating profit for the year ended June 30, 2012.

Gruppo Campari has announced sales growth of 5% for H1 of 2012, with strong performances in North America and Asia Pacific offsetting difficulties in Germany, Italy and South America.

Concha y Toro, the largest wine producer in Latin America, is committed to developing and improving the Californian wine producer, Fetzer, which it bought from Brown Forman in March 2011.

Gruppo Campari has announced group pre-tax profit of €52.8 million for the quarter ending March 31, 2012. 

The Philippines-based Emperador brand is the world’s number one selling brandy after more than doubling its volume sales during 2011.

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.

SABMiller plc has announced group revenue grew by 7%  and group revenue per hectolitre was up 4% for the year to March 31, 2012.

Pernod Ricard UK has unveiled an initiative titled ‘Building Premium Wine Brands’, to bring growth back to the UK light wine sector.

Gifting remains the driving force behind wine sales growth in China, according to research by Wine Intelligence.

Pernod Ricard’s CEO Piere Pringuet has spoken out about Havana Club’s flat half-year sales growth, branding its performance “disappointing”.

Heineken has announced net profits of €1.5 billion before one-off items, an increase of 9.2%.

Pernod Ricard has announced an 11% increase in sales and a 20% increase in net profit for the six months ending December 31, 2011.

Diageo has delivered 3% volume growth and 7% organic net sales increase for the six months ended December 31, 2011.

Beam Inc, the US-based global spirits company, has reported full-year net sales increases of 8%.

Pernod Ricard will release Irish whiskey Redbreast 12 Cask Strength to the US in February, following the expression’s September launch to Ireland, Germany and France.

Heineken has declared an intention to increase its share in a brewery in Haiti to 95%.

Brown-Forman has reported double-digit half-year net sales growth after a strong performance from its Jack Daniel's brand. 

Rémy Cointreau has attributed its positive half-year profits to “remarkable” growth in Asia and “strong” performances in the US and Europe.

London Pride brewer Fuller’s has announced half-year growth of 6% after registering a turnover of £128m.

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Nick Strangeway

Hacha leads by example

Back in 2002 celebrity chef Jamie Oliver launched Fifteen, a restaurant made up of a team of trainee chefs from underprivileged backgrounds.

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