Carlsberg’s turnaround plan in Russia bears fruit

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Danish brewer Carlsberg (CARLb.CO) said a drive to focus on its top brands and major supermarket customers had revived sales in its key Russian beer market in the teeth of tougher regulations and rising taxes. (more…)

Japan. Beer, quasi-beer sales rise 5.3% in October

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Beer and quasi-beer shipments in the nation in October increased 5.3 percent from a year before to 36,109,000 cases, the first rise in four years for the month, data from four major brewers showed Monday. (more…)

SABMiller plc : MillerCoors Delivers Profit Growth In Third Quarter

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SABMiller plc (LN:SAB; OTC:SABMRY) and Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) reported that MillerCoors third quarter underlying net income increased 13.5 percent to $325.6 million versus prior year driven by positive pricing, favorable brand mix and continued strong cost management. Coors Light continued to grow volume and market share, and Tenth and Blake Beer Company continued to grow ahead of the overall craft segment. (more…)