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Publication date: «24.10.2019». 8 articles
Brazil: Ambev expects price hikes to hurt fourth-quarter numbers to some extent
Brazilian beverages firm Ambev SA expects some of the headwinds that hurt third-quarter results to carry into the fourth-quarter, as recent prices hikes in its home country keep a lid . . .
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24 October, 2019
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Brazil: Heineken to double brewing capacity in Brazil
Heineken, the world’s second-largest brewer, will invest 985 million reais ($244 million) in Brazil to double its production capacity, CEO Mauricio Giamellaro told the Valor Econômico newspaper in an interview . . .
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24 October, 2019
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India: Investigation concludes AB InBev, Carlsberg and UB colluded to fix beer prices - sources
The investigations unit of India’s Competition Commission has concluded that Anheuser-Busch InBev, Carlsberg and United Breweries colluded to fix beer prices, two people with direct knowledge told Reuters.
The Competition Commission . . .
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24 October, 2019
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World: AB InBev market value declines on profit warning and weaker than expected Q3 earnings growth
Anheuser-Busch InBev saw more than $13 billion wiped off its market value on October 25, after a profit warning and weaker-than-expected third-quarter earnings growth sparked by reduced demand for its . . .
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24 October, 2019
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Japan: Kirin to launch non-alcoholic beer with Food with Functional Claim
Kirin is preparing to launch its non-alcoholic beer with a Food with Functional Claim (FFC) label in Japan, BeverageDaily.com reported on October 24.
The beer, Kirin Karada Free, contains matured hop . . .
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24 October, 2019
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Japan: Asahi Group CEO betting on alcohol-free beer to drive global profits
Asahi Group Holdings’ Chief Executive Akiyoshi Koji is betting on alcohol-free beer to drive global profits in coming years, leveraging Japanese technology to improve the taste of the European brands . . .
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24 October, 2019
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Nigeria: Guinness Nigeria’s full-year profit drops by N1.24 bln
Guinness Nigeria has recorded N5.48 billion as profit after tax in the 2019 financial year, the Daily Trust reported on October 23.
The company’s Annual Report and Financial Statement for . . .
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24 October, 2019
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Australia: State of Victoria launches programme to support small-scale and craft beer producers
The Government of Victoria in Australia has launched a programme to support small-scale and craft beer producers in the state to expand their business, The Drinks Insight Network reported on . . .
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24 October, 2019
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