Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.

Carlsberg increased its forecast for full-year earnings after enjoying organic volume growth of 2.4% during the third quarter.

Resilient off-trade sales in the USA and Europe helped Pernod Ricard rally during the first quarter of fiscal 2021.

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.

Diageo has completed the acquisition of the Meta Abo Brewery in Ethiopia for US$225 million.

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 has reported double-digit half-year net sales growth after a strong performance from its Jack Daniel's brand. 

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

02 September, 2011

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 has announced a joint venture with Tequila Avión to produce and promote the ‘ultra-premium’ tequila brand Avión.

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