World: AB InBev reports surprise rise in sales but earnings decline in Q3

Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped as the shift to drinking at home pushed up its costs. The maker of Budweiser, Stella ...
Δημοσίευση 29/10/2020 Περισσότερα

Brazil: Ambev’s beer volume surges 25% in the third quarter

An emergency stipend provided by the Brazilian government to help informal workers weather the pandemic has also been helping boost beer consumption in Latin America’s largest economy, Yahoo! Finance reported ...
Δημοσίευση 29/10/2020 Περισσότερα

Black Sea: Barley crop estimated at up to 20.5 mln tonnes for Russia, 7.9 mln for Ukraine

Crop estimates vary much, but Russia fared better with good crops in all regions except the south and Siberia, while most of Ukraine was impacted by dry conditions in summer, ...
Δημοσίευση 29/10/2020 Περισσότερα

World: Molson Coors registers rise in third-quarter net income despite falling net sales

Molson Coors has registered a rise in net income in its third-quarter results, despite falling net sales in both the US and its international markets, the company reported on October ...
Δημοσίευση 29/10/2020 Περισσότερα

China: Tsingtao Brewery sees 15.2% increase in nine-month net profit

Tsingtao Brewery Co. reported a 15.2% increase in its nine-month net profit, mainly due to a drop in credit impairment losses, but revenue remained weak due to the lingering impact ...
Δημοσίευση 29/10/2020 Περισσότερα

India: Carlsberg posts 30% drop in volume in India

Carlsberg has posted a 30 per cent drop in volume in India and described the market as highly uncertain and volatile due to high COVID-19 infections. Cees’t Hart, Carlsberg’s Global ...
Δημοσίευση 29/10/2020 Περισσότερα

Japan: Craft brewers forced to turn unsold beer into gin

This was going to be a big year for Japan. With the Summer Olympics due to be hosted in Tokyo, the island nation expected 40 million tourists to grace its ...
Δημοσίευση 29/10/2020 Περισσότερα

USA: Consumption of alcohol-free beer and mocktails increases since the start of COVID-19

How is the alcohol-free category emerging in the US? Heineken USA recently conducted a survey of millennials to find out – which revealed that 52% of respondents have increased consumption ...
Δημοσίευση 29/10/2020 Περισσότερα

USA: September beer shipments virtually the same as last year, but January-September sees 0.9% decline

The US Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for September 2020 on October 29. The September 2020 estimate is 14,800,000 barrels, which is ...
Δημοσίευση 29/10/2020 Περισσότερα

USA, PA: Mondays Brewing opening in Peters on October 31

Mondays Brewing, named for the day of the week when many breweries and other hospitality businesses are closed or quiet, is opening Saturday, October 31 on Route 19 in Peters. ...
Δημοσίευση 29/10/2020 Περισσότερα