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Brewery news China: China Resources Beer's 2023 net profit rises buoyed up by higher beer sales
China Resources Beer's 2023 net profit rose due to higher beer sales as the lifting of pandemic-related restrictions supported overall business, Morningstar.com reported on March 18. Net profit rose 18.7% in . . . get full article
18 March, 2024 Article only for members with paid access
Barley news World: France malting barley situation attracts increasing interest globally
The main point of interest in malting barley globally is in France, where prices are higher on the increasing concerns about late planting of spring barley, RMI Analytics said in . . . get full article
18 March, 2024 Article only for members with paid access
Barley news EU & UK: Wet weather remains the main concern for barley crop across almost all Europe
The weather has remained wet and warm across almost all Europe which is having two kinds of impact on barley. Firstly, seeding of crop 2024 spring barley is well behind . . . get full article
18 March, 2024 Article only for members with paid access
Brewery news UK: Two of Northern Ireland’s biggest alcoholic drinks companies saw surging costs squeeze profits last year
Two of Northern Ireland’s biggest alcoholic drinks companies saw their profits squeezed last year by surging costs, The Irish News reported on March 18. Guinness-maker Diageo saw costs within its Northern . . . get full article
18 March, 2024 Article only for members with paid access
Brewery news USA, NJ: Bonesaw Brewing Company planning a brewpub at Freehold Raceway Mall
Bonesaw Brewing Company wants to take over an empty store at Freehold Raceway Mall and open a craft brewery and tasting room, bringing a brewpub to the mall for the . . . get full article
18 March, 2024
Brewery news Vietnam: Beer sales plunge by 11% last year due to tough anti-drunk driving policy
Vietnam’s beer sales plunged by 11% in 2023 due to the government's zero tolerance for drunk driving, and breweries' profits were down 23%, VnExpress International reported on March 17 citing . . . get full article
18 March, 2024 Article only for members with paid access
Brewery news Malaysia: Worst of Carlsberg Brewery Malaysia Bhd’s year-on-year revenue declines is over, analysts say
The worst of Carlsberg Brewery Malaysia Bhd’s year-on-year (y-o-y) revenue declines is over and the group’s y-o-y revenue growth should turn positive by the second half of 2024 (2H24), says . . . get full article
18 March, 2024 Article only for members with paid access
Brewery news India: Beer startups expanding and launching new products amid rise in funding
Amid the rise in funding, beer startups in India are expanding and launching new products to cater to the market, which is seeing growing disposable income and decreasing societal stigma . . . get full article
17 March, 2024
Barley news EU: Wheat futures end week higher on weaker euro, short-covering
Euronext wheat futures on Friday, March 15 posted a small weekly gain after a weaker euro and short-covering helped prices recover from a 3-1/2 year low linked to hefty global . . . get full article
17 March, 2024
Brewery news UK: Krombacher Brewery launching the Starnberger brand in the UK
Krombacher Brewery is helping to bring a Bavarian craft brewery to a wider audience by launching the Starnberger brand in the UK, Beer Today reported on March 17. The brewery’s core . . . get full article
17 March, 2024
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