USA: Hoegaarden’s non-alcoholic beer expanding to the US

Hoegaarden’s non-alcoholic beer is expanding beyond Europe: with pilots in Rochester and Philadelphia in the US currently under way. While Europe has been leading the low and no ABV beer ...
Published 31/10/2019 mehr

Nigeria: Brewers groaning under excise duty burden

With competition from cheaper brands and sachet alcoholic drinks, brewing firms in Nigeria are groaning under the burden of excise duty as they struggle to manage costs that would have ...
Published 30/10/2019 mehr

The Philippines: Increasing excises on alcohol expected to reduce consumption by 20% - research

Increasing the excise tax on alcohol products is expected to reduce consumption by as much as 20% in four years with possibly life-saving consequences, “save lives,” BusinessWorld Online reported on ...
Published 30/10/2019 mehr

USA: Boston Beer reports higher revenue for Q3 2019

The Boston Beer Company, Inc. completed the previously reported Dogfish Head Brewery transaction and began consolidating the Dogfish Head financial results on July 3, 2019. The combined company reported ...
Published 30/10/2019 mehr

USA & Canada: Molson Coors to cut jobs, simplify segments and add more products beyond beer to boost revenue

Molson Coors Brewing Co said on October 30 it would cut jobs, simplify business segments and add more products beyond beers as the new Chief Executive Officer Gavin Hattersley looks ...
Published 30/10/2019 mehr

Kenya: Kenya losing billions in potential taxes to cross-border beer smuggling from Uganda

Kenya is losing billions of shillings in potential taxes to cross-border smuggling of beer from Uganda due to a huge difference in rates, nation.co.ke reported on October 26. Beer on the ...
Published 27/10/2019 mehr

Vietnam: Sabeco reaped $3.87 mln in revenue a day in January-September

Vietnam's biggest brewer Sabeco reaped VND90 billion ($3.87 million) in revenue a day in January-September, a double-digit rise, VnExpress International reported on October 26. In its latest financial report, the Saigon ...
Published 27/10/2019 mehr

China: Tsingtao Brewery posts 23.2% net profit growth for January-September this year

Tsingtao Brewery Co., Ltd., China's major brewery and producer of Tsingtao Beer, posted a 23.2 percent annual net profit growth in the first three quarters of 2019, Xinhua reported on ...
Published 27/10/2019 mehr

World: Beer exports total $15.8 bln for 2018

International sales from beer exports by country totaled US$15.8 billion for 2018. That dollar amount reflects a 15.7% appreciation for all beer shippers over the five-year period starting in 2014 ...
Published 27/10/2019 mehr

World: Carlsberg revises upward annual profit outlook

Danish brewer Carlsberg revised upwards its annual profit growth outlook on October 28, saying it now expects organic operating profit to rise by around 10% versus a previous forecast for ...
Published 27/10/2019 mehr