Beverages
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Coca-Cola posts 12% revenue increase in Q2 amid inflation cries
US – American multinational beverage corporation, The Coca-Cola Company, has posted a 12% rise in second-quarter net revenue, totaling US$11.3 billion boosted by price hikes.…
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Keurig Dr Pepper names Ozan Dokmecioglu as CEO as profit hunt intensifies
US – American multinational soft drink company, Keurig Dr Pepper (KDP), has made some changes to its leadership, naming Ozan Dokmecioglu as the Chief Executive…
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Diageo defies analysts’ forecasts with impressive 2022 full-year results driven by premium spirits
UK – Multinational beverage alcohol company, Diageo has defied analysts’ forecasts of a 16.1% rise by reporting a sales jump of 21.4%, totaling £15.5 billion…
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EABL more than doubles full-year profit on high-sales, improved operating environment
KENYA – East African Breweries Plc (EABL) has delivered another set of strong results, with robust growth in sales and a resounding triple-digit growth in…
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South African Breweries supports agriculture mechanization dishes out funds
SOUTH AFRICA – Beverage maker South African Breweries (SAB) has provided R8-million (US$480,000) worth of mechanisation equipment to smallholder farmers in the North West under…