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Carlsberg Q2 Sales Below Expectations As Higher Costs Drag

Danish brewer Carlsberg has reported second-quarter revenue below expectations as earnings were hit by higher commodity and energy prices despite a recover...

Heineken Posts Strong First Half, Drops 2023 Margin Target

Heineken has posted higher-than-expected first-half earnings, as consumers bought more beer despite inflationary pressures, but the world's second-largest...

Brown-Forman 'Well Positioned' For Growth In The Coming Year, Says CEO

Brown-Forman, the parent company of Jack Daniel's, has said that it is 'well positioned' for growth in the current financial year, following a 14% increase...

Rémy Cointreau Upbeat As Annual Profit Beats Estimates

French spirits group Rémy Cointreau has reported a higher-than-expected operating profit growth for the 2021/22 fiscal year and said it was confiden...

Molson Coors Reports Double-Digit Growth In Q1, Reaffirms 2022 Guidance

Molson Coors has reported a 17.6% increase in net sales on a constant currency basis, with the beer giant reaffirming its guidance for the full year.

Brewer Anheuser-Busch InBev To Sell Its Interest In Russia

Anheuser-Busch InBev has announced plans to sell its stake in Russian joint-venture AB InBev Efes, which will result in a $1.1 billion (€1.02 billion)...

Heineken Reports Better-Than-Expected Q1 Sales As Europe Reopens

Heineken NV achieved a sharper than expected rise in first-quarter beer sales as European bars reopened, enabling the company to stick to its 2022 forecast...

Carlsberg Expects Operating Profit Growth To Slow This Year

Brewer Carlsberg has said that it expects organic growth in operating profit to fall short of last year's levels, after the Danish firm posted fourth-quart...