Beverages – Financials & Economy
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Constellation Brands Q1 FY2027 sales rise 3.3% to US$2.43B
Constellation Brands maintained its FY2027 outlook as beer sales remained resilient despite softer consumer demand and significant declines in its wine and spirits business.
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Damm targets US$4.6B revenue by 2030 through international expansion, UK growth and portfolio diversification
Damm is accelerating its international expansion with investments in manufacturing, acquisitions and innovation as it targets doubling revenue by 2030 through diversified beverage operations.
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Kasapreko IPO attracts US$147.6M in bids, oversubscribed by 146%
Strong investor demand positions Kasapreko for its next growth phase as the beverage maker prepares to begin trading on the Ghana Stock Exchange.
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Rémy Contrieau unveils recovery plan to boost operating profit by US$116.1M by 2029
The French spirits group is targeting stronger growth through emerging markets, travel retail expansion and product innovation despite ongoing industry headwinds.
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Treasury Wine Estates to cut brand portfolio by more than half in luxury wine growth strategy
The restructuring will prioritize premium wine brands, streamline U.S. operations and strengthen Treasury Wine Estates’ position in key global markets.