You are not logged in.
No and low category surpasses $11 billion
The no- and low-alcohol categories grew by more than 7% in volume across 10 key global markets in 2022 to surpass a market value of $11bn, a new report from IWSR Drinks Market Analysis has revealed.
Allied Market Research: Global tequila market projected to reach $24.19 billion by 2031
A recent report by Allied Market Research has shown that the global tequila market garnered $12.89 billion in 2021, and is estimated to generate $24.19 billion by 2031.
BrewDog overtakes Carlsberg in global beer brand value rankings
BrewDog has been ranked 14th most valuable beer brand in the world by independent brand valuation and consultancy firm Brand Finance, in its Alcoholic Drinks Report 2022, which ranks the world’s top 50 most valuable beer brands.
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.
Distell withholds dividend as Heineken takeover talks persist
South African wine and spirits producer Distell has withheld its dividend for 2021 financial year amid ongoing takeover talks with Heineken.
AB InBev surpasses pre-pandemic sales
AB InBev increased volume sales by 20.8% in Q2 as bars around the world started to welcome thirsty customers back into the fold.
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 shares surge after announcing improved profit forecast
Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.
Diageo tops up interim dividend after organic sales increase
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.
Asahi announces $1.5bn share offering
Asahi aims to raise up to $1.5 billion in a share offering to repay loans taken out to buy Carlton & United Breweries from AB InBev.
Chinese alcohol industry suffers 8.6% revenue drop
China’s alcoholic drinks production sector decreased by 8.6% to 249.7 billion yuan ($35.2 billion) in the first four months of 2020, according to new government figures.
Pernod Ricard sales decrease 15% due to Covid-19 disruption
Pernod Ricard has revealed a 15% organic decline in sales for the three months to March 31.
AB Inbev slashes dividend in half
AB Inbev has slashed its proposed dividend in half due to the uncertainty, volatility and continued impact of the COVID-19 pandemic.
Diageo halts buyback scheme amid coronavirus pandemic
Diageo has suspended share buybacks for the rest of the year as a result of financial uncertainty sparked by the coronavirus outbreak.
Carlsberg: Russia and Asia offset faltering Europe
Carlsberg has announced that sales advances in Russia and Asia offset difficulties in Europe during H1 of 2012.
Pernod sells Suntory shareholding
Pernod Ricard has announced the sale of its minority shareholding in Suntory Holdings, which stands at around 1%.
Pernod Ricard has reported a sales increase of 13% to €4.28 billion in its half year results.
Sales of European spirits reach £58 billion in 2009
The economic contribution of Europe's spirits industry to the European economy has been revealed in a new report. The report was prepared by Ernst & Young and commissioned by CEPS – the trade body for the European spirits industry.
Scotch whisky - cornerstone of Scottish economy
A new study has revealed that Scotch whisky is worth £4 billion a year in added value to the Scottish economy - with the industry spending in excess of £1.1 billion annually on supplies produced in Scotland.
