China: China Resources Beer’s 2023 net income up 19% but misses analysts estimates

China Resources Beer (Holdings) reported revenue of CN¥38.9b for its financial year 2023, up 10% from FY 2022). However, the figure still missed analysts’ estimates by 1.8%, Simply Wall Street ...
Offentliggjort 28/04/2024 More

World: Malting barley prices higher as planting in Europe is delayed by weather

Global malting barley prices are generally higher as the progress in planting Europe’s spring barley is delayed by weather, RMI Analytics said in their April report. There was a clearing of ...
Offentliggjort 11/04/2024 More

EU & UK: Malting barley prices reacting to seeding and poorer crop conditions concerns

European malting barley prices are reacting to the concerns about late seeding and poorer crop conditions, with a sharp move higher for spring barley, RMI Analytics reported on April 11. Winter ...
Offentliggjort 11/04/2024 More

North America: Canada barley crop forecast up on beneficial rains across several key regions

Beneficial moisture has arrived across several key North America’s barley regions. Not all barley areas received moisture, but the general situation has improved and, as a result, RMI Analytics’ barley ...
Offentliggjort 11/04/2024 More

USA: Constellation Brands forecasts annual profit above expectations, sees strong demand for its beer brands

Constellation Brands forecast annual profit above Wall Street expectations on April 11, banking on resilient demand for its core beer brands despite sticky inflation, Reuters reported. Demand across the company's beer ...
Offentliggjort 11/04/2024 More

Vietnam: Additional tax can erode Vietnamese beverage makers’ competitive advantages

Vice chairman of the Vietnam Association of Financial Investors (VAFI) Nguyen Hoang Hai said that paying additional tax will erode Vietnamese beverage makers’ competitive advantages, VietNamNet reported on April 8. A ...
Offentliggjort 10/04/2024 More

Cyprus: Beer deliveries up 10% in March this year

Beer deliveries in Cyprus rose by an annual 10% in March 2024, with the annual rise driven by domestic deliveries, Stockwatch reported on April 9. According to data released by the ...
Offentliggjort 10/04/2024 More

Germany: Homebrewers no longer need to report production to customs or pay tax on their brews

Homebrewers in Germany will no longer need to report their yearly production to customs or pay tax on brews, even if more than 200 litres, The Drinks Business reported on ...
Offentliggjort 10/04/2024 More

UK: Molson Coors to spend £100 mln in improvements across its UK brewing network

Molson Coors plans to spend £100 mln over the next five years in improvements across its UK brewing network, The Grocer reported on April 10. The Carling brewer said it had ...
Offentliggjort 10/04/2024 More

Australia: February barley, sorghum exports plummet

Australia exported 498,382 tonnes of barley and 55,755t of sorghum in February, according to the latest data from the Australian Bureau of Statistics. Feed barley exports at 379,875t fell 38 ...
Offentliggjort 10/04/2024 More