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Top industry news
14758 articles
World: Carlsberg’s total revenue rises despite volume decline in Europe last year
Sales of drinks owned by Carlsberg declined in Europe in volume terms last year, but total group revenues rose nonetheless, as the giant brewer increased prices to offset a steep . . .
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07 February, 2024
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Malaysia: Carlsberg Brewery Malaysia Bhd attributes lower 2023 revenue to weak consumer sentiment
Carlsberg Brewery Malaysia Bhd is allocating RM92mil in its financial year ending Dec 31, 2024 (FY24) for capital expenditure (capex), earmarked for a new canning line and beer filtration plant, . . .
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07 February, 2024
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USA: Spirits industry holds its market share edge over beer and wine in 2023
The spirits industry held its market share edge over beer and wine for the second straight year in 2023, even as it showed little growth, according to new data released . . .
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07 February, 2024
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Canada: All stakeholders in beer value chain have vested interest in government reconsidering scheduled beer excise tax increase - CMBTC
As one of the earliest, widely grown grains in Canada, barley shares a long and trusted history with the brewing industry that it supplies. Renowned by brewers globally for its . . .
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07 February, 2024
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Canada: Barley prices slipping lower this crop year
Barley prices have been slipping lower during this crop year. Neil Blue, provincial crops market analyst, says the seasonal pattern of barley prices implies that there should have been a . . .
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06 February, 2024
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World: Carlsberg raises its revenue and operating profit growth target for 2027
Carlsberg has raised its 2027 target for revenue and operating profit growth, it said on February 6 as new Chief Executive Jacob Aarup-Andersen steps up the Danish brewer's ambition after . . .
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06 February, 2024
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Europe: Diageo contributing over EUR13 bln and 200,000 jobs to Europe’s economy, report says
A new report from Oxford Economics shows that Diageo – a global leader in beverage alcohol, with brands including Johnnie Walker, Smirnoff, Baileys and Guinness – is contributing over €13 . . .
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06 February, 2024
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Germany: Beer sales drop 4.5% in 2023
German beer sales dropped 4.5% last year, resuming a long-term downward trend, official figures showed on February 1, Yahoo Finance reported.
German-based breweries and distributors sold about 8.4 billion litres (2.2 . . .
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01 February, 2024
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Australia: Data relesead by IWSR projects significant growth of no- and low-alcohol beer consumption in next four years
Globally, Australia is one of the leading markets for no- and low-alcohol (NoLo) beer, which has traditionally been one of the strongest performers in Australia’s broader NoLo market, the Beer . . .
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01 February, 2024
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Canada: Barley exports this season lower than during the first 25 weeks of previous 2022-23 campaign
Canada’s barley exports season during the export year’s 25th week, which ended January 21, total just 917,800t, 43.6pc lower than the 1.63Mt shipped in the first 25 weeks of the . . .
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31 January, 2024
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