Beverages – Financials & Economy

The spirits giant expects operating framework changes and supply chain initiatives to deliver major savings as it navigates weaker demand in key markets.

Strong growth from Alani Nu and Rockstar supported Celsius Holdings’ quarterly revenue despite weaker sales, shrinking margins and lower profit at its flagship brand.

Strong international demand and growth in Monster Energy drink sales helped the company deliver higher revenue, profit and operating income during the quarter.

Strong performances from Irn-Bru, Rubicon and Boost helped AG Barr offset supply constraints and reaffirm its full-year growth expectations.

Heineken reported strong growth in Asia, Africa and the Middle East while maintaining its full-year outlook amid ongoing economic uncertainty.