Drinks: latest news, insights and analysis | ESM Magazine

Anora Suspends Sales To Russia, Verallia Halts Production In Ukraine

Finnish drinks manufacturer Anora has announced it is suspending all sales to Russia, with its chief executive Pekka Tennilä saying that the group is...

Heineken Sees Inflation Impacting Mid-Term Profit Target, Reports Full-Year Earnings

Heineken cast doubt on its mid-term profit margin target due to the significant impact of inflation, after reporting stronger than expected earnings in 202...

Diageo Sees First-Half Sales Raised By High-End Spirits

Drinks giant Diageo has reported that first-half sales rose nearly 16%, as more consumers bought high-end spirits and bars increased orders as they reopene...

Rémy Cointreau Confident About Profit Outlook As Sales Beat Estimates

Rémy Cointreau has beaten third-quarter sales forecasts and said it was confident that demand for its premium cognac in China, the United States and...

Sustainability 2022 – Simon Boas Hoffmeyer, Senior Sustainability Director, Carlsberg Group

In the most recent edition of ESM, as part of our Sustainability 2022 feature, we spoke to a number of top executives working across the global retail and...

Global Alcoholic Beverages Market To Be Worth $2.8 Trillion By 2028

The global alcoholic beverages market is set to be worth $2.797 trillion (€2.47 trillion) by 2028, according to a new study by Polaris Market Research...

Diageo Forecasts 5% To 7% Sales Growth For Financial Period 2023-25

Diageo expects organic sales growth to be between 5% and 7% for the financial period 2023 to 2025, compared with 4% to 6% growth during 2017 to 2019, the w...