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.
Edrington sees full year sales rise 11%
Scottish spirits company Edrington saw its core revenue rise 11% for the year to 31 March 2024, driven by The Macallan which saw double-digit growth.
Pernod Ricard FY23 sales up 10%
Pernod Ricard saw organic net sales rise 10% in fiscal 2023, driven by strong growth across all spirits categories, alongside broad-based growth across all regions.
Diageo sees double-digit sales increase
Diageo has announced its preliminary results, year ended 30 June, reporting net sales of £17.1 billion, increased 10.7%, primarily reflecting strong organic net sales growth, and favourable impacts from foreign exchange.
Campari Group Q3 growth driven by aperitifs
Campari Group has released its results for the first nine months of 2022, which saw strong performance and net sales of €2,005.7 million, up +27.3% on a reported basis.
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 reports 15.8% first-half sales growth
Diageo reported that first-half net sales increased 15.8% to £8 billion as the on-trade rebounded and off-trade demand remained strong.
Lucas Bols announces strong revenue returns
Lucas Bols has announced a return of revenues to pre-Covid times for the first half of the 2021/22 financial year.
Carlsberg sales surpass pre-pandemic levels
Carlsberg has upgraded its full-year profit guidance after reporting that sales volumes have now exceeded pre-pandemic levels.
Villa Maria finds buyer after nine-month search
Marlborough-based wine producer Indevin has signed a conditional agreement to buy Villa Maria from parent company FFWL.
Diageo reports 16% organic net sales growth
Diageo has outperformed analysts’ expectations by reporting organic net sales growth of 16% for the year to June 30.
Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.
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.
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.
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.
Norway’s wine and liquor monopoly retailer has reported 28% volume sales growth during the first five months of 2020.
Carlsberg UK will merge with Marston’s to form a British brewing giant worth around £780 million.
Ethiopia: Diageo completes brewery acquisition
Diageo has completed the acquisition of the Meta Abo Brewery in Ethiopia for US$225 million.
Beam launches 'super premium' Teacher's from India
Billed as its super-premium expressions, Beam has released Teacher’s 25 Year Old and Teacher’s Highland Single Malt to global markets.
Brown-Forman posts 12% half-year growth
Brown-Forman has reported double-digit half-year net sales growth after a strong performance from its Jack Daniel's brand.
Pernod posts strong first quarter results
Pernod Ricard has announced net sales (excluding tax and duties) of €1.987 million for the first quarter of 2011/12 (July 1 – September 30, 2011).
Absolut reports 6% growth
Absolut Vodka, part of the Pernod Ricard group, has revealed that its annual sales value and volume grew by 6% during the period July 1 2010 to June 30 2011.
Pernod Ricard signs joint venture with Tequila Avión
Pernod Ricard has announced a joint venture with Tequila Avión to produce and promote the ‘ultra-premium’ tequila brand Avión.