Brazil: Ambev's Q2 profit falls to 1.27 bln reais

Ambev SA's profit fell in the second quarter as bars and restaurants remained closed around much of Central and South America during the period because of coronavirus-related social distancing measures, ...
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Argentina: Reduced planting challenges wheat, corn, and barley production in 2020-21

Reduced planting challenges Argentina’s wheat, corn and barley production for the 2020-21 marketing year, according to a report from the Foreign Agricultural Service of the US Department of Agriculture. Argentina’s wheat ...
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UK: Alcohol consumption during lockdown period drops by almost half

Brits consumed 1.3 billion litres of alcohol during the UK’s lockdown period, which was almost half the 2 billion litres recorded during the same period last year, according to data ...
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Ireland: Beer consumption drops to just over 4 mln hl in Q2 2020

According to Ireland tax body's provisional figures, beer consumption dropped from 4.9 million litres in the second quarter of 2019 to just over 4 million in the same period this ...
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Kenya: East African Breweries Ltd.’s profit for the year through June falls 39%

Diageo Plc’s Kenyan arm saw annual profit plunge after bar closures and alcohol sale curbs were imposed in two East African nations to slow the spread of the coronavirus, Bloomberg ...
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Vietnam: Sabeco's first-half post-tax profit falls 31% yoy

Vietnam’s largest brewer Sabeco saw its H1 post-tax profit fall 31 percent year-on-year to VND1.93 trillion ($83 million) over Covid-19 pandemic impacts, VnExpress reported on July 30. Revenues fell 35 percent ...
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The Philippines: San Miguel Food and Beverages have started to recover with the gradual re-opening of the economy

Diversified conglomerate San Miguel Corporation reported that its food and beverage businesses under San Miguel Food and Beverages have started to recover with the gradual re-opening of the economy, the ...
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World: Molson Coors Beverage Company sees 15.1% decline in Q2 2020 revenue

As the effects of the COVID-19 pandemic on the on-premise channel continue to be felt worldwide, Molson Coors Beverage Company reported $2.5 billion in net revenue for the second quarter ...
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USA: Craft beer volumes estimated to have declined around 10% in January-June

The Brewers Association 2020 Midyear Survey shows both the variety of market challenges for craft brewers during the pandemic and the challenges of gathering accurate survey data. The Brewers Association ...
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Canada: Big Rock Brewery pleased with its Q2 and H1 results despite COVID-19 challenges

Big Rock Brewery Inc. announced on July 30 its financial results for the three and six months ended June 30, 2020. "Big Rock achieved 510% EBITDA growth, compared to the ...
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