Beverages
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AB InBev posts impressive Q2 results steered by key markets
BELGIUM – Belgian multinational brewer, AB InBev, has delivered top-line growth of 11.3% driven by revenue management initiatives, ongoing premiumization, and expansion of the beer…
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Pernod Ricard reports symbolic milestone of surpassing US$10Bn sales in fiscal year 2022
FRANCE – French beverage giant Pernod Ricard has delivered sustained profitable growth of 17% organic sales rise for fiscal 2022 that totaled €10.701billion (US$10.64B), driven…
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Molson Coors shifts focus from the declining beer sector to emerging beverage categories
CANADA – In a bid to reverse the collapsing Canadian beer market that has had a declining consumption since 1973, Molson Coors has taken ‘Brewing’…
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Coca-Cola Beverages Africa officially launches operations in Malawi
MALAWI – Coca-Cola Beverages Africa (CCBA), the largest Coca-Cola bottler in Africa, has officially commenced operations in Malawi following the closing of the acquisition transaction…
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PepsiCo’s Indian arm Varun Beverage invests heavily in new plants to increase production capabilities
INDIA – Varun Beverage, the second largest bottling company of PepsiCo’s beverages in the world outside the USA, will soon set up a Rs 1,000…