World: AB InBev’s first-quarter operating profit shows more than double the increase expected by analysts
Anheuser-Busch InBev reported a 7.9% rise in first-quarter operating profit on May 8, more than double the increase expected by analysts, as the world's biggest brewer boosted its profit margin ... More
08/05/2025

World: Molson Coors posts dismal Q1 results, projects 2025 sales to decrease
Molson Coors Beverage Company posted on May 8 dismal first-quarter 2025 results, wherein the top and bottom lines missed the Zacks Consensus Estimate and declined year over year. The company’s ... More
08/05/2025

USA: Beer industry supports 2.42 mln jobs in the US, new study reveals
The Beer Institute and the National Beer Wholesalers Association (NBWA) recently unveiled their biennial Beer Serves America report, underscoring the immense economic impact of the American brewing industry. The study ... More
08/05/2025

World: Whisky market valued at USD 34.7 bln in 2024
A new Scotch Whisky Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F report by ResearchAndMarkets.com values the Scotch whisky market at USD 34.70 Billion in 2024, and ... More
07/05/2025

Germany: Oettinger brewery becomes target of a cyber attack
German brewery Oettinger has become the target of a cyber attack in a move that has allegedly put confidential documents at stake, The Drinks Business reported on May 7. According to ... More
07/05/2025

The Philippines: San Miguel Food and Beverage reports 16% increase in Q1 net income
San Miguel Food and Beverage Inc. (SMFB) posted a 16% increase in its net income in the first quarter of 2025. In a news release on May 7, SMFB reported a ... More
07/05/2025

India: United Breweries Q4 profit up 20.5%
United Breweries, the largest beer seller in India, reported a 20.5% increase in quarterly profit on May 7, lifted by solid demand for higher-priced beers and lower excise duty costs. The ... More
07/05/2025

UK & India: New trade deal expected to benefit Scotch whisky and UK malting barley
On May 6, following three years of negotiations, the UK and India agreed a trade deal, which will see tariffs cut on a basket of British products exported to India. ... More
07/05/2025

World: HSBC lowers Carlsberg to ‘hold’ following weaker-than-expected first-quarter results
Carlsberg downgraded its outlook for fiscal year 2025, prompting analysts at HSBC to lower its rating to “hold” from “buy” and reduce its target price to DKK910 from DKK940, in ... More
07/05/2025

Malaysia: Carlsberg Brewery Malaysia not expecting any direct impact from US tariffs
Carlsberg Brewery Malaysia Bhd does not expect any direct impact from US tariffs due to its lack of exports to the United States, but is cautions that potentially weaker consumer ... More
07/05/2025