Vietnam: Sabeco sees profits plunge 32% yoy due to rise in marketing expenses

Sabeco, the brewer of Saigon Beer, saw profits plunge 32% year-on-year to VND1.2 trillion ($50.7 million) in the second quarter as rising competition pumped up its marketing expenses, VnExpress International ...
Publicat 28/07/2023 Mai mult

Nigeria: Nigerian youths increasingly turning from beer to whisky and spirits

Tunde Akinola, a recent graduate, was not really interested in spirits until recently. “I appreciate the different flavours that can be found in whisky,” he said. “I was never really ...
Publicat 28/07/2023 Mai mult

Nigeria: Guinness Nigeria Plc incurs whopping N49 billion in exchange rate losses in financial year to June 2023

Guinness Nigeria Plc incurred a whopping N49 billion in exchange rate losses according to the information contained in its full-year results for the period ending June 2023, the Nairametrics reported ...
Publicat 28/07/2023 Mai mult

India: United Breweries reports 15.8% fall in June quarter profit

India's United Breweries Ltd reported a 15.8% fall in June-quarter profit on July 28, dragged by higher excise duty and costs, the Yahoo News Singapore reported. The liquor maker, partly owned ...
Publicat 28/07/2023 Mai mult

Canada: Feed barley, wheat prices still on the rise just weeks away from harvest

Variable crop conditions in Alberta and Saskatchewan are contributing to rising feed grain prices on the Prairies just weeks away from harvest, Grainews reported on July 27. Erin Harakal, trade ...
Publicat 28/07/2023 Mai mult

USA: Boston Beer reports decrease in shipments, net income in Q2 2023

The Boston Beer Company, Inc. reported on July 27 its financial results for its second quarter that ended July 1, 2023. Key results were: Second Quarter 2023 Summary: • Depletions decreased 3% • Shipments decreased ...
Publicat 28/07/2023 Mai mult

North America: Canada barley production forecast reduced due to increasing dryness

North America’s barley crop 2023 has undergone a wide range of weather impacts after a prolonged period of dryness and partially benefitting from mixed levels of rainfall. Crop conditions are ...
Publicat 28/07/2023 Mai mult

USA, VA: Coyote Hole Craft Beverages to launch Mineral Brewing in Mineral, VA by mid-September

Coyote Hole Craft Beverages, a renowned player in the hard cider and sangria industry, is thrilled to introduce its newest venture, Mineral Brewing, Investing.com reported on July 28. This exciting ...
Publicat 28/07/2023 Mai mult

UK: Barley area estimated to increase by 5% this year

The UK will harvest less wheat due to more barley and oilseed rape being sown, according to AHDB's latest planting and variety survey, FarmingUK reported on July 27. The survey, which ...
Publicat 27/07/2023 Mai mult

USA: AB InBev to lay off hundreds of staff as sales slump

Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, CNN reported on July 26 citing a ...
Publicat 27/07/2023 Mai mult