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Brewing news

World: AB InBev reports surprise rise in sales but earnings decline in Q3

Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped as the shift to drinking at home pushed up its costs. The maker of Budweiser, Stella ...
Gepubliceerd 29/10/2020 Meer



Brewing news

Brazil: Ambev’s beer volume surges 25% in the third quarter

An emergency stipend provided by the Brazilian government to help informal workers weather the pandemic has also been helping boost beer consumption in Latin America’s largest economy, Yahoo! Finance reported ...
Gepubliceerd 29/10/2020 Meer



Barley news

Black Sea: Barley crop estimated at up to 20.5 mln tonnes for Russia, 7.9 mln for Ukraine

Crop estimates vary much, but Russia fared better with good crops in all regions except the south and Siberia, while most of Ukraine was impacted by dry conditions in summer, ...
Gepubliceerd 29/10/2020 Meer



Brewing news

World: Molson Coors registers rise in third-quarter net income despite falling net sales

Molson Coors has registered a rise in net income in its third-quarter results, despite falling net sales in both the US and its international markets, the company reported on October ...
Gepubliceerd 29/10/2020 Meer



Brewing news

USA, FL: Mocama Beer Company hoping to launch within the next two weeks

Telling the story of Mocama, the coastal region that stretches from what is now southern Georgia down through the Okefenokee Swamp to the west coast of Florida, Hamp Tanner says ...
Gepubliceerd 29/10/2020 Meer



Brewing news

The Philippines: San Miguel Corp. applies to launch second tranche of P20 bln preferred shares offering

San Miguel Corp. has applied to launch the second tranche of its preferred shares offering, which will generate funds to support its repayment of loans and additional investments in its ...
Gepubliceerd 28/10/2020 Meer



Brewing news

World: Heineken reports Q3 results

Heineken beat analysts’ expectations by reporting a volume sales decline of just 1.9% during the third quarter of 2020, the Drinks International reported on October 28. Analysts expected a 6.6% decline ...
Gepubliceerd 28/10/2020 Meer



Brewing news

Australia: Asahi to divest rights to Stella Artois and Becks brands in Australia to Heineken

Asahi Beverages, owners of Carlton & United Breweries, has announced the sale of Stella Artois and Becks to Heineken, the Australian Brews News reported on October 28. The Japanese-owned brewer is ...
Gepubliceerd 28/10/2020 Meer



Brewing news

World: Heineken to "streamline" its head office and regional offices

Heineken NV said on October 28 that it will "streamline" its head office and regional offices to cut costs as it prepares for an extended period of volatility and uncertainty ...
Gepubliceerd 28/10/2020 Meer



Brewing news

World: Carlsberg lifts full-year earnings forecast as beer sales bounce back faster than expected

Carlsberg A/S raised its forecast for full-year earnings after beer sales bounced back faster than expected following the easing of coronavirus lockdowns, Bloomberg reported on October 28. The Danish brewer now ...
Gepubliceerd 28/10/2020 Meer



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