Beverages – LATEST NEWS

Strong spirits sales, lower financing costs and disciplined cost management boosted EABL’s earnings while strengthening the brewer’s balance sheet.

Lotte Chilsung Beverage recorded higher second-quarter revenue as exports, ready-to-drink products and liquor sales continued to expand.

Coca-Cola HBC delivered stronger-than-expected first-half results, supported by robust consumer demand, higher sales volumes and successful FIFA World Cup promotions.

Nestlé Nigeria recorded its seventh consecutive profitable quarter while strengthening its balance sheet and advancing plans for a new water business joint venture.

Rwanda has intensified efforts against illegal alcohol production, destroying seized ethanol and expanding enforcement measures across the country’s beverage sector.