Carlsberg CEO downplays threat of Russian PET beer bottle ban

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The head of Carlsberg has downplayed a proposed ban on PET beer bottles in Russia, adding that he thinks it is not likely to become law.
Russian deputy Viktor Zvagelsky introduced a bill earlier in the year that now includes a proposal to ban sales of PET beer bottles by January 1, 2013. (more…)

Carlsberg Operating Profit Jumps 38%

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Carlsberg A/S, the world’s fourth- largest brewer, reported a 38 percent increase in first-quarter operating profit, helped by a rebound in Russia’s beer market. (more…)

Singapure: Asia Pacific Breweries’ H1 2011 profits increase

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Asia Pacific Breweries Ltd (APB) on Tuesday announced that Group profit before interest and taxation (PBIT) for the six months ended 31 March 2011 rose by S$86.1 million or 34% to S$340.9 million. Excluding translation differences, gestation loss and the impact of acquisitions and disposals, organic PBIT grew 28%. (more…)

Brewing industry thirsty for crowning deal

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The brewing industry has racked up $142bn worth of deals in the past five years, according to Bloomberg, but some analysts say the “big one” has yet to come. (more…)

US. Craft Brewers Alliance Announces First Quarter 2011 Earnings Conference Call

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CRAFT BREWERS ALLIANCE, INC. (Nasdaq:HOOK – News) has scheduled a question and answer conference call for Wednesday, May 18, 2011 at 8:30 a.m. PDT (11:30 a.m. EDT). The purpose of the conference call is to answer questions related to the Company’s financial results for the quarter ended March 31, 2011, which will be summarized in its quarterly report on Form 10-Q to be filed with the Securities and Exchange Commission on May 16, 2011. (more…)

Heineken NV may bid for Brazil No. 2 brewer

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Heineken NV (HEIN.AS), the world’s third-largest brewer by volume, is considering making an offer for Brazilian brewer Primo Schincariol Industria de Cervejas e Refrigerantes SA, Bloomberg reported, citing two people familiar with the matter. (more…)