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Brewing news

Brazil: Ambev sees 56% yoy plunge in first-quarter net profit

Brazilian beverages company Ambev SA has posted a 56% year-on-year plunge in first-quarter net profit, far below forecasts, and executives said the coronavirus outbreak will hit results even harder in ...
Offentliggjort 06/05/2020 More



Brewing news

South Africa: South African Breweries set to dump 132 mln litres of beer if government does not permit to transport alcohol

South African Breweries (SAB) on May 7 called for the government to reconsider the ban on the sale and local transportation of alcohol as the coronavirus (Covid-19) epidemic crashed a ...
Offentliggjort 06/05/2020 More



Brewing news

World: With Q1 core profit down 13.7% AB InBev forecasts a “materially worse” second quarter

Anheuser-Busch InBev, the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, although China was showing early signs of recovery, Reuters ...
Offentliggjort 06/05/2020 More



Brewing news

Australia: Asahi Beverages gets FIRB approval to acquire AB InBev’s CUB division

The final step in Asahi Beverages’ acquisition of Carlton & United Breweries from AB InBev has been completed with the Foreign Investment Review Board (FIRB) approving the deal, Food & ...
Offentliggjort 06/05/2020 More



Brewing news

Malaysia: Malaysia’s brewers resume operations

Malaysia’s drinkers have something to cheer about as breweries resume operations to ensure enough supply for them, The Sun Daily reported on May 8. Data gathered from social media activity by ...
Offentliggjort 06/05/2020 More



Brewing news

France: 10 mln litres of unsold beer will have to be destroyed in France – Union of French Brewers

The union for French breweries says 10 million litres of beer will have to be destroyed due to the closure of bars and restaurants under the coronavirus lockdown, putting even ...
Offentliggjort 06/05/2020 More



Brewing news

India: United Breweries Ltd resumes operations with limited workforce and in phased manner

United Breweries Limited (UBL) has resumed its operations with a limited workforce in a phased manner as per the directives of government authorities, Indiainfoline reported on May 6. In an exchange ...
Offentliggjort 06/05/2020 More



Brewing news

World: Drinks industry not popping any corks despite soaring sales at retail outlets

When Lionel Platteuw started planning how he would cope under Belgium’s coronavirus lockdown, there was one item he wanted to make sure he had enough of – alcohol, Reuters reported ...
Offentliggjort 06/05/2020 More



Brewing news

Barbados: Beer and spirits makers welcome lifting of ban on alcohol sales

Barbados’ beer and spirit makers welcomed on May 6 the lifting of the ban on alcohol sales as part of Phase Two of the national reopening strategy, but strongly ...
Offentliggjort 06/05/2020 More



Wisky news

India: Liquor companies stocks fall as some states hike excise duty

Shares of Indian liquor companies were under pressure for second straight day on May 6 after some state governments hiked excise duty on liquor, the Business Standard reported. United Breweries, Radico ...
Offentliggjort 06/05/2020 More



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