Pernod Ricard now expects the decline in full-year profits to be less severe than initially anticipated as a result of cost control and resilient sales.

The Conegliano Valdobbiadene Prosecco DOCG produced and sold a record 92 million bottles in 2019 after enjoying a large harvest the previous year.

AB Inbev has warned that Q2 trading will be “materially worse” than the previous three months due to brewery closures and supply chain disruption.

Campari Group has reported a 5.3% decline in organic sales for the first quarter of 2020 after suffering from the impacts of the coronavirus outbreak.

Danish brewer Carlsberg has reported its first quarterly sales decline in two years as a result of the Covid-19 pandemic.

Rémy Cointreau has reported a sales decline of 9% for the 2019/20 financial year as a result of a significant slump in Q4.

26 February, 2019

"Be A Convivialist!”

Drambuie has reported operating profits of £2.81m – up 2% on last year.

14 January, 2011

Czech beer Budvar bucked a 12% decline in Czech beer exports in 2010 to record growth of 4%.

Comment

Nick Strangeway

NOTHING'S NORMAL

Happy customers across the UK enjoyed their first pints and non-homemade cocktails at the start of July as its hospitality sector reopened after months of lockdown. But normal service has hardly resumed.

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