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Brewing news

China: Tsingtao Brewery posts 10.6% rise in Q3 net profit

China’s second largest beer maker Tsingtao Brewery Co Ltd on October 26 posted a 10.6 percent rise in net profit for the third quarter of the year, the third straight ...
Gepubliceerd 28/10/2018 Meer



Brewing news

Nigeria: Guinness Nigeria declares dividend of N4.03 bln for its shareholders

Guinness Nigeria Plc has declared a dividend of N4.03 billion for its shareholders for its financial year ended, June 30, 2018, translating to a dividend of N1.84 per share, the ...
Gepubliceerd 25/10/2018 Meer



Brewing news

Brazil: Ambev reports drop in quarterly earnings

Ambev SA, Latin America’s largest brewer, reported a drop in quarterly earnings on October 25, hurt by inflation in Argentina and slipping share in key market Brazil, where rival Heineken ...
Gepubliceerd 25/10/2018 Meer



Brewing news

World: AB InBev decides to cut dividend on weak Q3 profits

The world’s largest brewer Anheuser-Busch InBev has cut its dividend in half and reported weak third-quarter profits hit by slower sales in key markets including Brazil, the US and South ...
Gepubliceerd 25/10/2018 Meer



Brewing news

India: Beer anti-trust probe triggered by AB InBev’s report to authorities - sources

An Indian anti-trust probe into beer price-fixing allegations was initiated after the world’s largest brewer Anheuser-Busch InBev told the authorities last year it had detected an industry cartel, three people ...
Gepubliceerd 25/10/2018 Meer



Brewing news

The Philippines: Philippines' San Miguel further trims F&B unit's IPO size, eyes $634 mln

San Miguel Corp, the Philippines’ largest company, is seeking to raise a mere P34 billion (about $634 million), less than half of its original target, through a sale of shares ...
Gepubliceerd 25/10/2018 Meer



Barley news

France: 61% of winter barley sown by October 23

FranceAgriMer estimates 61% of the winter barley sown by Oct 23rd , vs 44% last week (and vs 72% same time last year), GrainCom analysts reported on October 26. Conditions ...
Gepubliceerd 25/10/2018 Meer



Barley news

Australia: Barley harvest starts in Australia

Barley harvest has started in Australia, and the first harvest pressure can be felt in the track markets, trading at clearly lower levels compared to last week, GrainCom reported in ...
Gepubliceerd 25/10/2018 Meer



Brewing news

USA: Boston Beer Co. reports 24.2% increase in Q3 revenue

Boston Beer Company reported on October 25 its 2018 third-quarter earnings results, which were highlighted by a 24.2 percent increase in net revenue, to $306.9 million. The company — which makes ...
Gepubliceerd 25/10/2018 Meer



Barley news

Canada: Most Alberta malting barley growers disappointed by this year’s crop

Jeff Nielsen considers himself one of the lucky ones — he got all his barley off before winter-in-September weather arrived and knows it’s malt quality, the Alberta Express reported on ...
Gepubliceerd 25/10/2018 Meer



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