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Top industry news
14963 articles
Brazil: Ambev sees 10.9% decline in Q4 net profit as total volumes were slightly down
Brazilian brewer Ambev reported on February 29 a decline of 10.9% in fourth-quarter net profit, missing market forecasts as total volumes were down slightly by 0.1%, dragged down by South . . .
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29 February, 2024
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Chile: Compania Cervecerias Unidas SA reports results for the quarter ended in December
Compania Cervecerias Unidas (CCU) on February 27 reported fourth-quarter earnings of $46.6 million, the Washington Post said.
On a per-share basis, the Santiago, Chile-based company said it had net income of . . .
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28 February, 2024
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USA: Spirits exports up 8% in 2023
Spirits exports rose 8% in 2023 to $2.2 billion, according to the Distilled Spirits Council of the United States, following the European Union's suspension of 25% retaliatory tariffs on American . . .
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28 February, 2024
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Malaysia: Heineken Malaysia sees Q4 2023 net profit fall 5.3%
Heineken Malaysia Bhd’s net profit fell 5.3% to RM99.1 million for the fourth quarter ended Dec 31, 2023 (Q4 FY2023) from RM104.6 million a year ago on weaker sales.
Quarterly revenue . . .
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27 February, 2024
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UK: Crisp Malt submits plans for a new malting in Scotland
Plans have been submitted for a new state-of-the-art maltings at Portgordon, the Northern Scot reported on February 27.
Portgordon Maltings, part of premium malt manufacturer Crisp Malt, has lodged a planning . . .
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27 February, 2024
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China: Chinese buyers return to market after a long holiday
Chinese buyers have returned to the market after a long holiday, showing firm demand for optional origin barley and Ukrainian corn, with several trades of the grains done recently, trade . . .
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27 February, 2024
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New Zealand: Demand for beer experiences noticeable decline in 2023
In data released on February 27 from Statistics New Zealand on the volume of alcohol available for consumption for the year ending December 2023, it has become apparent that the . . .
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27 February, 2024
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Japan & USA: Asahi Group on the hunt for acquisition targets in the US and elsewhere
Japan's Asahi Group Holdings is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dry beer by 2030, its . . .
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26 February, 2024
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World: AB InBev shares gain on positive Deutsche Bank survey
On Monday, February 26 AB InBev SA received a positive mention from Deutsche Bank after a survey indicated an improvement in Bud Light sales trends. The survey, which took place . . .
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26 February, 2024
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World: Craft beer market size reaches USD130.4 billion in 2023, projected to more than double by 2032
The global craft beer market size reached USD130.4 billion in 2023 and could reach USD293.4 billion by 2032, driven by a robust compound annual growth rate (CAGR) of 9.2% from . . .
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26 February, 2024
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