Ambev Reports 2010 Fourth Quarter Results Under IFRS
Companhia de Bebidas das Americas – Ambev [BOVESPA: AMBV4, AMBV3; and NYSE: ABV, ABVc] announces today its results for the 2010 fourth quarter (Q4 2010). (more…)
AB InBev to profit from Brazil, U.S. costs in Q4
Anheuser-Busch InBev , the world’s largest brewer, is set to report a rise in fourth-quarter profit on Thursday, driven by a sharp increase in drinking in Brazil and cost savings in the United States. (more…)
SABMiller expands in Nigeria to take on Heineken
Brewer SABMiller is to spend over $100 million to build a new brewery in Africa’s second largest beer market Nigeria to take on the country’s brewing heavyweights Heineken and Diageo. (more…)
UK. Craft beer defies downturn
Locally-brewed craft beers are continuing to defy the economic downturn and the long-term decline in beer drinking, according to a new industry report. (more…)
Canada. Beer industry exempt from new food-allergen labelling rules
Health Minister Leona Aglukkaq announced revised food-labelling rules Monday which shield the beer industry from new allergen-label regulations. (more…)
American Dietetic Association: Craft Brew Trend Brings New Attention to the Benefits of Beer
While red wine is often touted as the heart-healthy libation, more evidence is showing beer has a great deal of nutrition and health-promoting qualities as well, according to an article published in the Winter 2011 issue of the American Dietetic Association’s member publication, ADA Times. (more…)
New keg washing and racking machine goes compact
KHS has developed a compact keg washing and racking machine for small and medium sized brewers and other beverage makers. (more…)
Europe: „Malting barley is significantly undervalued“
„Malting barley is significantly undervalued“ summarizes Michael Fleischer, CEO of the Hamburg/Germany based trading house Grainexx, the current market conditions in Fridays issue of agricultural journal “Agrarzeitung”. (more…)
“Kvas Taras” is a leader of Ukrainian kvas market
According to AC Nielsen data the market share of TM “Kvas Taras” at the year end 2010 made up 41.7 % by value and 34.1 % by volume. Compared to 2009 the brand strengthened its position by 15 % by value and by 12.1 % by volume. (more…)
Mexico’s FEMSA posts higher Q4 profit
Giant Mexican beverage and retail company FEMSA (FMSAUBD.MX) (FMX.N) said on Friday quarterly profit climbed, boosted by higher sales at its expanding network of convenience stores and its stake in Dutch beer company Heineken. (more…)