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World: AB InBev reports surprise rise in sales but earnings decline in Q3
Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped as the shift to drinking at home pushed up its costs.
The maker of Budweiser, Stella . . .
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29 October, 2020
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Brazil: Ambev’s beer volume surges 25% in the third quarter
An emergency stipend provided by the Brazilian government to help informal workers weather the pandemic has also been helping boost beer consumption in Latin America’s largest economy, Yahoo! Finance reported . . .
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29 October, 2020
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Black Sea: Barley crop estimated at up to 20.5 mln tonnes for Russia, 7.9 mln for Ukraine
Crop estimates vary much, but Russia fared better with good crops in all regions except the south and Siberia, while most of Ukraine was impacted by dry conditions in summer, . . .
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29 October, 2020
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World: Molson Coors registers rise in third-quarter net income despite falling net sales
Molson Coors has registered a rise in net income in its third-quarter results, despite falling net sales in both the US and its international markets, the company reported on October . . .
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29 October, 2020
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USA, FL: Mocama Beer Company hoping to launch within the next two weeks
Telling the story of Mocama, the coastal region that stretches from what is now southern Georgia down through the Okefenokee Swamp to the west coast of Florida, Hamp Tanner says . . .
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29 October, 2020
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World: Heineken reports Q3 results
Heineken beat analysts’ expectations by reporting a volume sales decline of just 1.9% during the third quarter of 2020, the Drinks International reported on October 28.
Analysts expected a 6.6% decline . . .
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28 October, 2020
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Australia: Asahi to divest rights to Stella Artois and Becks brands in Australia to Heineken
Asahi Beverages, owners of Carlton & United Breweries, has announced the sale of Stella Artois and Becks to Heineken, the Australian Brews News reported on October 28.
The Japanese-owned brewer is . . .
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28 October, 2020
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World: Heineken to "streamline" its head office and regional offices
Heineken NV said on October 28 that it will "streamline" its head office and regional offices to cut costs as it prepares for an extended period of volatility and uncertainty . . .
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28 October, 2020
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World: Carlsberg lifts full-year earnings forecast as beer sales bounce back faster than expected
Carlsberg A/S raised its forecast for full-year earnings after beer sales bounced back faster than expected following the easing of coronavirus lockdowns, Bloomberg reported on October 28.
The Danish brewer now . . .
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28 October, 2020
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USA, NY: Big aLICe Brewing plans to move into former Gael Brewing’s location in Geneva
Three weeks after announcing its closure, a Seneca Lake brewery will soon have a new occupant. Gael Brewing announced its immediate closure in Geneva on Oct. 4. And now, a . . .
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28 October, 2020
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