News & Analysis for the Beverage Industry
Now fully focused on wine and spirits, France's Pernod Ricard group has announced a strong rise in first half sales and profits, thanks to good organic growth from brands such as Jacob's Creek, and to the addition of the various Seagram brands.
Britain's oldest brewer, Kent-based Shepherd Neame, has benefited from strong demand for its Spitfire brand and an excellent performance from its managed pubs to post its 27th annual increase in profits.
Rioja wine exports grew by 8.5 per cent in the first eight months of the year as a result of increasing demand in core markets such as the UK and Germany. But the average price per litre continued to fall, showing that Rioja's price problems continue...
Amorim Cork America, a division of international Amorim Group, the world's leading producer of natural cork closures, has released results from a survey conducted among US winemakers and vintners which reveals a marked preference for cork closures.
Pepsi Bottling Group, the largest maker of Pepsi-Cola drinks, said on Tuesday its third-quarter profit rose, meeting expectations, as strong results in Russia helped offset lower-than-expected volume in the United States and Spain.
A lacklustre stock market performance compared to many of its rivals belied a good first half performance from Wolverhampton & Dudley, Britain's biggest regional brewer.
Nestle Water's acquisition of a stake in the Saphir home and office delivery water business in France gives it nationwide coverage and will facilitate the roll out of its Aquarel brand.