Pernod Ricard has released its sales and results for Q1 FY23, with sales totalling €3,308 million and an organic growth of +11%.

US-based drinks group Luxco has reported a 27% uplift in annual sales across Germany and Europe.

Pernod Ricard has released its FY22 Results, showing that sales grew organically by 17% in 2022, equalling €10.7m, with sales growing by double digits across each of its regions and spirit categories.

A strong performance in key markets saw Beam Suntory’s net sales increase by 13% year-on-year in the first half of 2022, a 25% increase on the pre-pandemic period in 2019.

Diageo has announced its preliminary results for the year, ended 30 June 2022, with strong performance and investments into long-term growth.

Viña Concha y Toro has reported that profits rose by 26.7% in 2021 with sales of premium wines accounting for more than half of company revenues for the first time.

Following a strong performance in the international market, D.O. Cava has reported a sales growth of 17.3 per cent and 252 million bottles in sales.

Nordic wine and spirits company Anora has decided to suspend all sales to Russia and donate €50,000 to the Ukrainian Red Cross.

South African Wine Rebounds

17 February, 2022

Strong demand from the UK, the US and China helped South African wine exports increase by 12.1% in value to R10.2bn in 2021.

Surging demand for premium spirits powered Pernod Ricard’s 17% year-on-year sales growth in the six months to December 31, 2021.

Diageo reported that first-half net sales increased 15.8% to £8 billion as the on-trade rebounded and off-trade demand remained strong.

Sales in the first nine months of 2021 of sparkling wines made under the protection of the DO Cava have increased by 16.45% on the same period in 2020.

Norway has banned alcohol sales in bars and restaurants for a month in a bid to slow the spread of the Omicron variant.

Brown-Forman has raised its full-year sales outlook in anticipation of supply chain disruption easing in the months ahead.

Online sales of alcoholic beverages in 16 key global markets will increase by 66% over the next five years, according to projections from IWSR.

On-trade sales in Canada have climbed 4% higher than pre-pandemic levels, according to new data from CGA.

The Rise of DTC Sales

02 September, 2021

The Covid-19 pandemic has inspired drinks producers across the world to significantly ramp up their focus on direct-to-consumer (DTC) sales.

Pernod Ricard has announced organic sales growth of +9.7% for FY21 totalling €8,824m with increased sales in all regions.

It has been a sobering quarter for hard seltzers. Sales of the canned RTD that disrupted the US alcohol market when it burst on to the scene in 2016 have finally stalled.

Carlsberg has upgraded its full-year profit guidance after reporting that sales volumes have now exceeded pre-pandemic levels.

VSPT Wine Group has seen an 11% increase in sales for Q2 to maintain its number one spot in the Chilean market.

Leading Chilean wine producer Concha y Toro increased consolidated sales by 9.1% in the three months to June 30.

Diageo expects direct-to-consumer sales to grow rapidly and emerge as an important part of the business in the years ahead.

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

It’s been a sobering quarter for hard seltzer. Sales of the canned RTD that disrupted the US alcohol market when it burst onto the scene in 2016, have for the first time, stalled.

Campari Group has reported that organic sales increased 37.1% year-on-year during the first half of 2021.

Trivento has been revealed as the world’s best-selling Argentine wine brand in a report by IWSR Drinks Market Analysis.

Amaretto in a nutshell

22 July, 2021

There’s a buzz about Italian spirits in many markets. Campari and Aperol are kicking up a storm in aperitif drinking occasions through spritz and other mixer serves, while amaro is getting some love on the back of the wider trend for herbal, digestif-style liqueurs.

British bar operator Arc Inspirations has reported that sales have increased by 35% compared to 2019 since it resumed trading in May.

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

Alcohol sales in English pubs have skyrocketed during the Euros according to data collected by UK hospitality app OrderPay.

Sales of beers, wines and spirits have finally started to decline in the UK off-trade after bars were permitted to open their doors once again.

South African President Cyril Ramaphosa has announced the country’s fourth ban on alcohol sales since the Covid-19 pandemic began.

South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.

Naked Wines stock decreased by 3% this morning after the online retailer posted an annual pre-tax loss of £10.7 million.

Stock Spirits Group increased volume sales by 2% to 8.3 million 9-litre cases in the six months to March 31.

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

Leading Chilean wine producer Concha y Toro has reported an 8.2% revenue increase 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.

While New Zealand has managed the pandemic better than most, a lack of tourism and difficulties with shipping have taken a toll on wine sales. Martin Green reports.

Leading Chilean wine producer Concha y Toro increased net profit by 48.6% to Ch$77,994 million (US$107.4 million) in 2020.

More than 31 million bottles of the I Heart wine brand were sold in 2020 after it enjoyed significant growth in several international markets.

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.

UK port sales soar in 2020

11 February, 2021

Port sales in the UK saw impressive category growth throughout 2020, with the largest volume of off-trade sales since 2015.

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.

Diageo managed to grow organic sales by 1% in the six months to December 31 despite suffering from restrictions on the on-trade and travel retail.

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

U.S. online retailer Wine.com has revealed that revenue increased 119% year-on-year to reach $329 million during 2020.

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Tess Posthumus

Challenges stack up for hospitality

Tess Posthumus hates to be a doom-monger, but the reality is that many bars are facing a decidedly tough time.

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