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 reports sales increase

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.