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Beverages – World News
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Fraser and Neave reports 8.9% Q1 net profit decline
F&N retreats in profit and revenue due to softer beverage and dairy demand while expanding dairy exposure through Vinamilk share purchase.
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India’s Supreme court urges FSSAI to consider front-of-pack warning labels
Top court flags public health risks from packaged foods as Bihar advances sugar sector expansion and pricing plans.
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Coca-Cola takes nearly US$1B Bodyarmor impairment as Q4 operating income plunges 32%
Impairment on Bodyarmor weighs on Coca-Cola’s Q4 profits, even as full-year operating income and margins improve.
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C&C Group Appoints Adam Phillips as Chief Financial Officer
C&C Group names Adam Phillips CFO while forecasting subdued profits amid ongoing consumer and macroeconomic pressures.
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Kirin to sell Four Roses Bourbon to E&J Gallo for up to US$775M
Kirin divests Four Roses bourbon as E&J Gallo strengthens its spirits portfolio with a major US whiskey acquisition.