Diageo reports 18.4% half year sales growth
Diageo, purveyor of Johnnie Walker and Guinness, has announced half year results to 31 December 2022 with reported net sales of £9.4bn, increased 18.4%, reflecting strong organic net sales growth.
AB InBev targets 4% to 8% medium-term growth
The new chief executive of AB InBev has set a core profit growth target of 4% to 8% for the medium-term.
Canada on-trade sales exceed pre-pandemic levels
On-trade sales in Canada have climbed 4% higher than pre-pandemic levels, according to new data from CGA.
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.
Australia grows wine exports by 4%
Strong demand in the UK and China allowed Australia to increase wine exports by 4% during the 12 months to September 30.
Carlsberg returned to sales growth in Q3
Carlsberg increased its forecast for full-year earnings after enjoying organic volume growth of 2.4% during the third quarter.
Remy Cointreau raises guidance after 16.4% sales decline
Remy Cointreau has reported a 16.4% decrease in sales for the first half of its fiscal year after the pandemic ravaged its on-trade business.
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.
Asian cognac clamour drives sales of €2bn
Annual sales of cognac are worth €2 billion thanks to a surge in XO and VSOP sales in the Far East, says the Cognac Bureau (BNIC).