Carlsberg Operating Profit Jumps 38%
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
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
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
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…)
US. Anheuser-Busch names new marketing exec
Beer maker Anheuser-Busch, the U.S. subsidiary of Anheuser-Busch InBev NV, has named Paul Chibe to lead its marketing in the U.S. (more…)
Ukraine. Lviv to host beer fest during Euro 2012
Ukraine’s western city of Lvov plans to host a beer festival during the UEFA Euro 2012, an organiser said. (more…)
Heineken NV may bid for Brazil No. 2 brewer
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…)
Brewing giants spoil for another battle in Africa
Giant beverage manufacturer SABMiller has religiously build a reputation of causing a chilling discomfort for its competitors. (more…)
SABMiller denies tax wrongdoings in Africa
African countries unite to examine world’s second biggest brewer’s tax affairs (more…)
Beer PET bottles to reach 7.7 billion by 2015: Study
Global PET beer bottle consumption is forecast to grow at a Compound Annual Growth Rate (CAGR) of 5.3 per cent to reach 7.7 billion bottles by 2015, according to a new study by market research group Pira International. (more…)