Drinks

Rival Coca-Cola Bottlers Post Higher Profit, HBC Sees Faster Growth

Rival bottlers Coca-Cola HBC and Coca-Cola European Partners (CCEP) reported solid rises in annual profit on Thursday, with HBC also forecasting a faster g...

45% Tariff On Irish Whiskey In Vietnam Abolished, Says Drinks Ireland

The European Parliament has voted to approve EU Vietnam Free Trade Agreement, which will see the 45% tariff on Irish whiskey in Vietnam abolished, said Dri...

Pernod Ricard Cuts Annual Profit Growth Forecast

French spirits group Pernod Ricard has cut its full-year profit growth outlook for 2019-2020, saying the coronavirus epidemic in China was likely to have a...

Wolf Blass Owner's First Half Profit Falls On U.S. Competition

Australia's Treasury Wine Estates Ltd, the world's largest standalone winemaker, on Wednesday reported a nearly 1% fall in first-half profit, as tougher co...

Heineken CEO To Step Down, Replaced By Asia Chief

Jean-Francois van Boxmeer, chief executive of Dutch brewer Heineken for the past 15 years, will step down on 1 June and be replaced by the head of the comp...

Heineken Sees 2020 Profit Growth As Some Commodity Costs Ease

Heineken, the world's second largest brewer, expects to benefit from lower barley and aluminium costs this year after 2019 earnings rose exactly in line wi...

Irish Distillers Sells Record 4.6m Cases Of Jameson In First Half

Irish Distillers has announced that it sold 4.6 million cases of Jameson in the first six months of 2019 and recorded the single largest sales month in his...