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Beverages
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Carlsberg reports 11.6% rise in Q3 revenue driven by strong demand in Asian markets
DENMARK – Danish brewer Carlsberg has received a lift in its organic revenue growth of 11.6% for its third quarter from strong demand in Asia,…
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Heineken goes green with official launch of solar power plant in South Africa
SOUTH AFRICA – In line with its pursuit of brewing a better world, Heineken South Africa has officially launched its recently installed solar power plant…
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AB InBev reports 12.2% sales increase in Q3 2022 financial results, lifts full-year outlook
BELGIUM – AB InBev has posted organic revenue growth of 12.1% for its third quarter, enabling it to raise the full year’s revenue outlook by…
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Coca-Cola India hit 2.5 billion transactions in Q3, sprite becomes billion-dollar brand in the Indian market
INDIA – Global soft drinks major Coca-Cola Company said it drove 2.5 billion transactions in India at affordable price points through the expansion of returnable…
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China Beer Holding unit to acquire 55.19% stake in baijiu manufacturer for US$1.57bn
CHINA – A strategic business unit of the maker of Snow, China Resources Beer Holdings (CR Beer), has agreed to pay 12.3 billion yuan (US$1.57…