Drinks

Thai Beverage Planning To Sell 20% Of Its Beer Business Via Singapore IPO

Thai Beverage, which is controlled by one of Thailand's richest men, is planning to sell a 20% stake in its regional beer business via a Singapor...

Heineken Planning To Cut Approximately 8,000 Jobs; Records Fall In Operating Profit For 2020

Heineken NV is planning to cut approximately 8,000 jobs, the Dutch beer group has said, seeking to restore operating margins to pre-pandemic levels af...

Carlsberg Records 7% Decrease In Relative Carbon Emissions

According to the Carlsberg Group's Sustainability Report 2020, Carlsberg's relative carbon emissions across its total value chain decreased by 7% between 2...

Anheuser-Busch To Invest Over $1bn In Production Facilities In Hard Seltzer Push

Anheuser-Busch has said that it will invest over $1 billion in its US manufacturing facilities over the next two years, as the brewer looks to raise p...

PepsiCo Declares Quarterly Dividend

The board of directors of PepsiCo, Inc., has declared a quarterly dividend of $1.0225 per share of PepsiCo common stock, which is a 7% increase versus the...

Carlsberg Says It Expects Its Operating Profit To Grow 3%-10% In 2021 After Recording Q4 2020 Sales Slightly Below Expectations

Carlsberg said on Friday February 5 that it expects its operating profit to grow between 3% and 10% in 2021, after recording fourth quarter sales slightly...

Winemaker Vintage Wine Estates To Go Public Via Blank-Check Deal

Vintage Wine Estates Inc has said that it will merge with a blank-check firm to go public in a deal that values the California-based winemak...

Soft Drinks Firm Norbev Records £1.64m Loss; Winemark Owner Records Operating Profits Of £948,700

Ballymena, Co. Antrim, based soft drinks firm Norbev has recorded a £1.64 million loss for 2019. As reported by The Irish News, figures filed at C...

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Plans For New Newry Distillery Expected To Progress In The Coming Days

East African Breweries Expects Its Sales To Recover From A COVID-19-Pandemic-Induced Slump In Its Second Half To June

Backers Of New Dublin City Brewing Co Brewery And Visitor Centre Believe It Could Host Up To 200k Visitors Annually Post-COVID-19 Pandemic

Diageo Named Number One Company In Beverages Sector In 'Britain's Most Admired Companies 2020' Survey

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