Japan & South Korea: Asahi admits South Korea’s boycott of Japanese goods affecting its beer sales

Asahi Group Holdings said on August 1 the spread of the South Korean consumer boycott of Japanese goods was affecting its beer sales as it lowered its profit guidance slightly, ...
Published 02/08/2019 Di più

Germany: First-half beer sales decline by about 2.7%

German breweries and beer warehouses recorded a decline in beer sales by 2.7 percent to about 4.6 billion litres in the first half of 2019 compared to the previous year, ...
Published 02/08/2019 Di più

World: Diageo launches share buyback programme with £1.25 bln first phase

Diageo has entered into a non-discretionary agreement with UBS to execute the first phase of its return of capital programme to enable it to buy back shares, it announced on ...
Published 02/08/2019 Di più

Hungary: Beer consumption down 2.4% in H1 2019

Beer consumption in Hungary was down 2.4% at 3.05 million hl in the first half of 2019, taking into account domestic sales of the top five producers, business news site ...
Published 02/08/2019 Di più

China & Russia: China approves barley imports from Russia

China has approved barley imports from Russia, the General Administration of Customs said in a statement on its website on August 1. Barley exported to China must be produced in seven ...
Published 02/08/2019 Di più

Ireland: Beer production up 3.8% last year

Despite an overall fall in consumption of alcohol in recent years beer sales are on the rise, a new report shows. The Irish Brewers Association annual report shows production increased by ...
Published 02/08/2019 Di più

World: Molson Coors reports soft quarter, announces changes in leadership

Molson Coors released its second-quarter financial results on July 31, but following news of a shakeup at the top of the company, the focus of the multinational beer manufacturer’s call ...
Published 31/07/2019 Di più

India: AB InBev banned from selling its products in New Delhi for evading local taxes

India’s capital city has banned the world’s largest brewer, Anheuser-Busch InBev, from selling its products in the key New Delhi market for 3 years for allegedly evading local taxes, government ...
Published 30/07/2019 Di più

Kenya: Heineken to pay Kenya distributor over Ksh.1.7 bln in distribution row

Heineken East Africa Import Company Limited has suffered a blow after the High Court in Nairobi on July 30 directed the brewer to pay Maxam Limited over Ksh.1.7 billion in ...
Published 30/07/2019 Di più

Africa: East African Breweries records 57% growth in net earnings for financial year to June 30

Regional beer maker East African Breweries Ltd (EABL) recorded 57 per cent growth in net earnings for the 12 months’ period to June 30 buoyed by strong performances of its ...
Published 30/07/2019 Di più