Beverages – Financials & Economy

Premiumisation drive, new Xclamat!on brand and UK-India FTA to fuel faster expansion in FY26.

Penfolds owner scraps FY26 guidance and writes down Treasury Americas goodwill as US category slows sharply.

Zambian Breweries posts double-digit revenue growth and a major profit turnaround, prioritizing debt reduction amid higher excise duty risks.

TBL records revenue and operating profit growth in Q3 2025, backed by robust beer volumes, Konyagi momentum, and new investments in glass recycling.

The Japanese brewer lifted its profit forecast despite lower revenue expectations, supported by strong domestic beer sales and real estate gains.