Pernod reports sharp -26% sales drop in China
Sales for Q1 FY25 totalled €2,783m with an organic decline of -5.9% largely driven by a steep drop in China.
Pernod Ricard records 1% sales decline for FY24
Pernod Ricard has reported organic sales decline of -1% for the fiscal year ending June 2024.
Guinness shines despite Diageo sales decline
Diageo reported a net sales decline of 1.4% to $20.3 billion for the year end 30 June 2024 which the company pinned on unfavourable foreign exchange and inflation.
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.
Heineken beats expectations in strong Q3
Heineken beat analysts’ expectations by reporting a volume sales decline of just 1.9% during the third quarter of 2020.
Pernod Ricard recovery gathers pace in Q1
Resilient off-trade sales in the USA and Europe helped Pernod Ricard rally during the first quarter of fiscal 2021.
Pernod Ricard improves outlook for full-year profits
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.
Prosecco DOCG achieved record sales in 2019
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 reports 32% sales decline in April
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 reports slight sales decline for Q1
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.
Carlsberg reports first quarterly sales decline in two years
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.
PROMOTIONAL FEATURE
Drambuie announces annual results
Drambuie has reported operating profits of £2.81m – up 2% on last year.
Budvar bucks Czech beer decline
Czech beer Budvar bucked a 12% decline in Czech beer exports in 2010 to record growth of 4%.