Beverages
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Mondelēz registers 8.1% rise in Q3 net revenue, lifts full-year guidance
US – American multinational confectionery, food, beverage, and snack food company, Mondelēz International, has posted a net revenue of US$7.7 billion, an increase of 8.1%…
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Molson Coors posts 4% growth in Q3 net sales, positive net pricing and favorable sales mix drive growth
US – Molson Coors Beverage Company has registered a net sales increase of 4% in the third quarter of 2022 underpinned by positive net pricing…
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Kenya Breweries Limited launches fruity-flavoured beer Rockshore Tropical Lager targeting youth
KENYA – Kenya Breweries Limited (KBL) has introduced a new fruit flavoured beer to its pack dubbed Rockshore Tropical Lager, targeting the youth. The new…
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Campari Group invests more in bourbon segment with acquisition of 70% stake in Wilderness Trail Distillery
US – Italian spirits group Campari is eying to expand its portfolio by agreeing to acquire an initial 70% interest in Kentucky-based Wilderness Trail Distillery.…
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Keurig Dr Pepper registers growth of 11.4% in Q3 results
US – Keurig Dr Pepper (KDP) has reported strong results for the third quarter that ended September 30, 2022, with net sales growth of 11.4%…