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Beverages – World News
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Celsius Holdings posts 7% revenue drop in Q1 2025 amid promotional shifts, sees strong international growth
Celsius reports lower U.S. revenue on incentive timing but sees 41% international growth and positive outlook following Alani Nu deal.
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MGP Ingredients posts US$2.99M Q1 net loss amid sales decline
The distiller and ingredient supplier faced a tough first quarter with revenue dips across major segments and increased liabilities.
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AB InBev reports 7.9% Q1 profit growth despite volume decline, market headwinds
The global brewer posted a 7.9% rise in operating profit, outpacing analyst expectations despite lower beer volumes and market challenges.
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Radico Khaitan Q4 profit surges 71% on premium spirits demand, FY25 revenue crosses US$2B
Radico Khaitan sees robust growth in Q4 FY25, driven by strong volumes and rising demand for premium liquor brands.
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India-UK free trade agreement halves spirit tariffs, unlocks US$34 B trade boost
The landmark India-UK trade deal slashes import duties on whisky and gin, offering major export opportunities and economic gains.