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Publication date: «06.05.2020». 20 articles
Brazil: Ambev sees 56% yoy plunge in first-quarter net profit
Brazilian beverages company Ambev SA has posted a 56% year-on-year plunge in first-quarter net profit, far below forecasts, and executives said the coronavirus outbreak will hit results even harder in . . .
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06 May, 2020
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Canada: Farmers planning to plant less barley, more wheat this year
Farmers across Canada are busy getting their crops planted and have told Statistics Canada what to expect, the Lethbridge News Now reported on May 7.
While they are planning to plant . . .
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06 May, 2020
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USA: Craft Brew Alliance sees Q1 sales decline by nearly $4 mln
Craft Brew Alliance posted $45.8 million in sales during the first quarter of 2020, down nearly $4 million from the same time last year, according to the Form 10-Q the . . .
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06 May, 2020
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Malaysia: Malaysia’s brewers resume operations
Malaysia’s drinkers have something to cheer about as breweries resume operations to ensure enough supply for them, The Sun Daily reported on May 8.
Data gathered from social media activity by . . .
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06 May, 2020
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Australia: Asahi Beverages gets FIRB approval to acquire AB InBev’s CUB division
The final step in Asahi Beverages’ acquisition of Carlton & United Breweries from AB InBev has been completed with the Foreign Investment Review Board (FIRB) approving the deal, Food & . . .
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06 May, 2020
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World: With Q1 core profit down 13.7% AB InBev forecasts a “materially worse” second quarter
Anheuser-Busch InBev, the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, although China was showing early signs of recovery, Reuters . . .
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06 May, 2020
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South Africa: South African Breweries set to dump 132 mln litres of beer if government does not permit to transport alcohol
South African Breweries (SAB) on May 7 called for the government to reconsider the ban on the sale and local transportation of alcohol as the coronavirus (Covid-19) epidemic crashed a . . .
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06 May, 2020
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Mexico: Heineken launches voucher program to support restaurant owners and staff
Even though Mexico's beer industry is on the brink of collapse Heineken Mexico has launched a voucher program that aims to support restaurant owners and their staff during the economic . . .
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06 May, 2020
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Australia: Coronavirus pandemic forces brewers to ditch 4.5 mln litres of beer
Close to a 25 million schooners of beer will go down the drain within weeks in Australia due to COVID-19, 7NEWS.com.au reported on May 6.
Thousands and thousands of kegs of . . .
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06 May, 2020
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India: Liquor companies stocks fall as some states hike excise duty
Shares of Indian liquor companies were under pressure for second straight day on May 6 after some state governments hiked excise duty on liquor, the Business Standard reported.
United Breweries, Radico . . .
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06 May, 2020
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