Malaysia: Heineken Malaysia’s net profit for the first quarter largely unchanged from a year earlier
Heineken Malaysia Bhd reported a net profit of RM122.15 million for the first quarter ended March 31, 2025 (1QFY2025), largely unchanged from RM122.48 million a year earlier, supported by lower ... More
09/05/2025

Ethiopia: BGI-Ethiopia appoints new Chief Executive Officer
BGI-Ethiopia, a subsidiary of the Castel Group, announced the appointment of Pierre-Emmanuel Medard as its new Chief Executive Officer, Ethiopian Monitor reported on May 8. Emanuel is put in charge the ... More
09/05/2025

World: European beer makers remain confident about growth potential despite US tariffs
European beer makers remain confident about their growth potential despite U.S. tariffs posing some threat to sales and investors see the companies as a relatively safe haven in an intensifying ... More
09/05/2025

World: Malting barley prices steady to higher as dryness concern creeps into markets
Global barley prices are mixed on a regional perspective and especially regarding the spreads between malting and feed barley, RMI Analytics said in their latest report published on May 8. On ... More
09/05/2025

EU: Malting barley prices bounce back higher over the last days
From a French market perspective, crop’24 is now mostly a theoretical exercise with only small lots (1-2 thousand tonnes) trading, RMI Analytics said in their early April report. Some late season ... More
09/05/2025

Chile: Brewer Compania Cervecerias Unidas reports Q1 2025 results
Compania Cervecerias Unidas (CCU) on May 7 reported first-quarter profit of $60 million. The Santiago, Chile-based company said it had net income of 32 cents per share. The wine, spirits and soft ... More
09/05/2025

China: Budweiser Brewing Company APAC sees first-quarter earnings fall on weak China demand
Brewer Budweiser Brewing Company APAC said on May 8 its first-quarter earnings fell 18 percent year-on-year, weighed down by an unfavorable geographic and channel mix in China, The Standard reported. Asia’s ... More
09/05/2025

Brazil: Ambev reports strong start to 2025
Brazil’s leading brewer Ambev S.A. reported a strong start to 2025, with first-quarter results showing a 0.7% increase in consolidated volumes and a 6.7% rise in net revenue. The company ... More
09/05/2025

The Netherlands: Heineken taking legal action against Jumbo supermarket chain
Brewing giant Heineken is taking legal action against the Jumbo supermarket chain over its “boycott” of the company’s products, DutchNews.nl reported on May 9. Jumbo is part of the Everest purchasing ... More
09/05/2025

Singapore: ThaiBev reports 3.2% drop in first-half earnings
Thai Beverage (ThaiBev) has reported earnings of 14.71 billion baht ($580 million) for 1HFY2025 ended March 31, 2025, down 3.2% y-o-y, The Business Times reported on May 9. For 2QFY2025, the ... More
09/05/2025