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Diageo, the world's biggest maker of alcoholic drinks, said that annual net profits rose slightly on a strong second half driven by growth in emerging markets which offset weakness in the West, according to the news agency AFP.
BEVERAGE
Breaking News:
Coca-Cola Bottling 2Q profit edges lower
The second largest Coca-Cola bottler in the United States, Coca-Cola Bottling Co. Consolidated, said its second-quarter profit fell slightly from a year earlier as the company booked losses related to its fuel and aluminum hedging program.
Breaking News:
Refresco buys Germany's Soft Drinks International [upd]
Refresco Holding B.V. announced its intention to acquire Soft Drinks International (SDI), a German producer of soft drinks and water.
BREWING GLOBAL
Breaking News:
Paulaner is the bright spot for Brau Holding International
The Germany-based Brau Holding International GmbH & Co. KGaA says that sales volumes fell slightly in the first six months of 2010. Its smaller breweries are suffering from the slump in the market.
Breaking News:
Businessmen to invest $20 million in Puerto Rico brewery
(beveragemanager.net) - A group of Puerto Rican businessmen invested $20 million in starting up a brewery in the southern city of Ponce intended to compete with the big international brands.
SUPPLIERS
Breaking News:
Symrise reports strong earnings and profitability growth
Symrise has seen its flavor and fragrance orders rebound to pre-economic crisis levels, and has expanded its business with some key customers in the first half of this year.
