Pernod Ricard sees sales drop -3% in H1 FY24

Pernod Ricard reported a -3% decline of both organic sales and organic profit from recurring operations for the first half of the financial year 2024.

Pernod Ricard FY23 sales up 10%

Pernod Ricard saw organic net sales rise 10% in fiscal 2023, driven by strong growth across all spirits categories, alongside broad-based growth across all regions.

Diageo sees double-digit sales increase

Diageo has announced its preliminary results, year ended 30 June, reporting net sales of £17.1 billion, increased 10.7%, primarily reflecting strong organic net sales growth, and favourable impacts from foreign exchange.

Brown-Forman announces +8% net sales for FY23

Brown-Forman has reported a net sales increase of 8% to $4.2bn for the fiscal year ended April 30, 2023, with a fourth quarter performance of +5% to $1bn.

Pernod Ricard reports double-digit growth in H1 results

Havana Club owner, Pernod Ricard, has reported 19% organic sales growth in the first half of fiscal 2023, with all spirits segments seeing double-digit growth.

Diageo reports 18.4% half year sales growth

Diageo, purveyor of Johnnie Walker and Guinness, has announced half year results to 31 December 2022 with reported net sales of £9.4bn, increased 18.4%, reflecting strong organic net sales growth.

Pernod Ricard sales grow 11% in Q1

Pernod Ricard has released its sales and results for Q1 FY23, with sales totalling €3,308 million and an organic growth of +11%.

Luxco reports 27% growth in sales across Germany and Europe

US-based drinks group Luxco has reported a 27% uplift in annual sales across Germany and Europe.

Pernod Ricard sales increase 17% in FY22

Pernod Ricard has released its FY22 Results, showing that sales grew organically by 17% in 2022, equalling €10.7m, with sales growing by double digits across each of its regions and spirit categories.

Beam Suntory reports strong first-half performance driven by premium brands

A strong performance in key markets saw Beam Suntory’s net sales increase by 13% year-on-year in the first half of 2022, a 25% increase on the pre-pandemic period in 2019.

Diageo announces preliminary results, year ended 30 June 2022

Diageo has announced its preliminary results for the year, ended 30 June 2022, with strong performance and investments into long-term growth.

Premium sales drive growth for Viña Concha y Toro in 2021

Viña Concha y Toro has reported that profits rose by 26.7% in 2021 with sales of premium wines accounting for more than half of company revenues for the first time.

D.O. Cava enjoys record breaking 2021

Following a strong performance in the international market, D.O. Cava has reported a sales growth of 17.3 per cent and 252 million bottles in sales.

Anora suspends all Russian trade and pledges donation to Ukraine

Nordic wine and spirits company Anora has decided to suspend all sales to Russia and donate €50,000 to the Ukrainian Red Cross.

South African Wine Rebounds

Strong demand from the UK, the US and China helped South African wine exports increase by 12.1% in value to R10.2bn in 2021.

Pernod Ricard reports strong H1 growth

Surging demand for premium spirits powered Pernod Ricard’s 17% year-on-year sales growth in the six months to December 31, 2021.

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.

Cava sees significant growth in the first nine months of 2021

Sales in the first nine months of 2021 of sparkling wines made under the protection of the DO Cava have increased by 16.45% on the same period in 2020.

Norway bans bars from selling alcohol

Norway has banned alcohol sales in bars and restaurants for a month in a bid to slow the spread of the Omicron variant.

Brown-Forman raises sales guidance

Brown-Forman has raised its full-year sales outlook in anticipation of supply chain disruption easing in the months ahead.

Ecommerce alcohol sales expected to grow by 66% over the next five years

Online sales of alcoholic beverages in 16 key global markets will increase by 66% over the next five years, according to projections from IWSR.

Canada on-trade sales exceed pre-pandemic levels

On-trade sales in Canada have climbed 4% higher than pre-pandemic levels, according to new data from CGA.

The Rise of DTC Sales

The Covid-19 pandemic has inspired drinks producers across the world to significantly ramp up their focus on direct-to-consumer (DTC) sales.

Pernod Ricard declares +9.7% organic sales growth FY21

Pernod Ricard has announced organic sales growth of +9.7% for FY21 totalling €8,824m with increased sales in all regions.

Surge in hard seltzer brands slow uptake

It has been a sobering quarter for hard seltzers. Sales of the canned RTD that disrupted the US alcohol market when it burst on to the scene in 2016 have finally stalled.

Carlsberg sales surpass pre-pandemic levels

Carlsberg has upgraded its full-year profit guidance after reporting that sales volumes have now exceeded pre-pandemic levels.

VSPT Wine Group sales up 11%

VSPT Wine Group has seen an 11% increase in sales for Q2 to maintain its number one spot in the Chilean market.

Concha y Toro increased sales by 9.1% in Q2

Leading Chilean wine producer Concha y Toro increased consolidated sales by 9.1% in the three months to June 30.

Diageo sees a strong future for direct-to-consumer sales

Diageo expects direct-to-consumer sales to grow rapidly and emerge as an important part of the business in the years ahead.

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.

White Claw lays out international expansion plans

It’s been a sobering quarter for hard seltzer. Sales of the canned RTD that disrupted the US alcohol market when it burst onto the scene in 2016, have for the first time, stalled.

Campari Group reports 37.1% sales increase

Campari Group has reported that organic sales increased 37.1% year-on-year during the first half of 2021.

Trivento named as the world’s best-selling Argentine wine brand

Trivento has been revealed as the world’s best-selling Argentine wine brand in a report by IWSR Drinks Market Analysis.

Amaretto in a nutshell

There’s a buzz about Italian spirits in many markets. Campari and Aperol are kicking up a storm in aperitif drinking occasions through spritz and other mixer serves, while amaro is getting some love on the back of the wider trend for herbal, digestif-style liqueurs.

UK bar group reports record sales since reopening

British bar operator Arc Inspirations has reported that sales have increased by 35% compared to 2019 since it resumed trading in May.

Brighter days ahead for the industry

Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.

Sales of beer and Jägerbombs soar in England during the Euros

Alcohol sales in English pubs have skyrocketed during the Euros according to data collected by UK hospitality app OrderPay.

UK off-trade sales finally decline as bar trade rebounds

Sales of beers, wines and spirits have finally started to decline in the UK off-trade after bars were permitted to open their doors once again.

South Africa imposes another ban on alcohol sales

South African President Cyril Ramaphosa has announced the country’s fourth ban on alcohol sales since the Covid-19 pandemic began.

VSPT Wine Group reports strong Q1 sales

South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.

Naked Wines shares drop 3% despite strong sales growth

Naked Wines stock decreased by 3% this morning after the online retailer posted an annual pre-tax loss of £10.7 million.

Poland and Italy drive sales growth for Stock Spirits

Stock Spirits Group increased volume sales by 2% to 8.3 million 9-litre cases in the six months to March 31.

Campari Group reports 17.9% sales growth for Q1

Organic net sales at Campari Group increased by 17.9% to reach €397.9 million in the first three months of 2021.

Concha y Toro posts 8.2% revenue increase for Q1

Leading Chilean wine producer Concha y Toro has reported an 8.2% revenue increase in the first three months of 2021.

Henkell Freixenet reports 7.4% sales decline for 2020

Henkell Freixenet has reported that net sales decreased by 7.4% year-on-year in 2020 after the Covid-19 pandemic caused bars and restaurants to close for several months.

Carlsberg reports 3.8% revenue increase

Carlsberg has reported organic volume sales growth of 11.5% for the first three months of 2021.

Pernod Ricard sees 1.7% organic growth for first nine months of FY21

Pernod Ricard’s global sales have seen a 1.7% organic growth for the first nine months of FY21 which totalled €6,941m.

New Zealand wine: Covid's highs and lows

While New Zealand has managed the pandemic better than most, a lack of tourism and difficulties with shipping have taken a toll on wine sales. Martin Green reports.

Concha y Toro net profits increased 48.6% in 2020

Leading Chilean wine producer Concha y Toro increased net profit by 48.6% to Ch$77,994 million (US$107.4 million) in 2020.

I Heart Wines sales exceeded 31m bottles in 2020

More than 31 million bottles of the I Heart wine brand were sold in 2020 after it enjoyed significant growth in several international markets.