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Top industry news
14781 articles
Australia: Australia’s largest hop grower reports 9.9% net crop increase
Australia’s largest hop grower Hop Products Australia (HPA) has reported a 37 hectare (4.5%) net increase and a 164 tonne (9.9%) net increase year-on-year in its 2023 crop report across . . .
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03 May, 2023
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World: Molson Coors Beverage Company sees first-quarter sales beat expectations
Molson Coors Beverage Company has seen its first-quarter sales beat expectations owing to price hikes and sustained demand for beer, The Drinks Business reported on May 2.
The North American brewer, . . .
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03 May, 2023
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Japan: Major brewers giving investors plenty to cheer about
Japan’s major breweries are giving investors plenty to cheer about as their shares outperform the broader market on prospects of price hikes, more favorable taxation and a rebound in tourism, . . .
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03 May, 2023
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Australia: Barley output 2023-24 projected to decline by 29%
After three consecutive years of record-setting wheat crops in Australia, production in marketing year 2023-24 is forecast to dip 25% from the previous year to what would still be the . . .
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03 May, 2023
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Germany: Carlsberg agrees to pay EUR50 mln in German price-fixing case
Danish brewer Carlsberg has reached a settlement with German authorities and agreed to pay a 50 million-euro ($55 million) fine over the alleged formation of a cartel more than a . . .
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03 May, 2023
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Russia: Beer and beer drinks output up 0.2% in January-March
Russia’s beer and beer drinks output amounted to 17.8 mln hl in January-March this year, up 0.2% versus the same period in 2022, Rosstat reported on April 28.
In March alone, . . .
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01 May, 2023
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The Philippines: San Miguel Brewery’s Q1 net income up 38.2%
San Miguel Brewery (SMB), the Philippines’ largest, posted a consolidated net income of P6.8 billion in the first quarter, surpassing the year-ago level by 38.2 percent, while operating income rose . . .
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01 May, 2023
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Nigeria: Guinness Nigeria posts 8.17% increase in turnover in Q3 ended 31 March
Guinness Nigeria Plc on April 27 published its Third Quarter report for the period ended 31 March 2023.
The company reported a turnover of N172.478 billion for the 9 months period, . . .
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01 May, 2023
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EU & UK: Crops across continent faring well but with some areas of concern
Over the last few weeks, focus in global grain markets has very much turned to new crop conditions in the northern hemisphere, so it’s important to look at European crop . . .
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28 April, 2023
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Vietnam: Sabeco’s after-tax profit up 40% in 2022
Brewer Sabeco said its after-tax profit rose by 40% last year to VND5.5 trillion.
Vietnam’s biggest brewer had net revenues of VND34.98 trillion, an increase of 32% from 2021, VNExpress International . . .
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28 April, 2023
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