Heineken

Diageo Has High Hopes For Zero Alcohol Guinness

Diageo needs its leading stout beer Guinness to keep growing fast and is pushing a zero alcohol alternative.

AB InBev reported third-quarter profits, revenues and volumes behind forecasts on Thursday, sending its shares down almost 4%.

Carlsberg is shifting some of its marketing focus as consumers opted for cheaper beer, but maintained its full-year earnings forecast.

Heineken’s third-quarter sales figures beat forecasts on Wednesday, buoyed by non-alcoholic beers, but full-year guidance was unchanged.

As the popularity of non-alcoholic beverages rises, the trend of sober curiosity is driving drink brands to adapt to a new kind of lifestyle.

Unilever has sold its Russian business to Arnest Group, it said on Thursday, following a “complex” sales process.

Heineken last week signed with three additional partners of Arcadis, Niras and Royal Haskoning DHV to advance its goal of reaching net zero.

Anheuser-Busch InBev (AB InBev) reported forecast-beating core profit for the second quarter on Thursday as cost cuts offset weaker sales.

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