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(beveragemanager.net) - Anheuser-Busch InBev NV said Monday its 1Q net profit jumped 75 % thanks to lower financing costs and taxes as well as bigger beer sales.
BEVERAGE
Breaking News:
What the beverage industry has to come up with
(beveragemanager.net) - Adiposity or obesity is a phenomenon of our modern civil society based on the fact that the increased prosperity after WW II has led to an exuberance rather detrimental to the health of the citizens of the various countries. Looking solely at the thirty three OECD nations, we see that in half of these nations an alarming number of residents are obese.
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AUSTRIA: Agrana-Ybbstaler joint venture approved
(beveragemanager.net) - The EU Commission granted Agrana and RWA the green light for the merger of their fruit juice concentrates subsidiaries Agrana Juice Holding and Ybbstaler Fruit Austria to form a joint venture.
BREWING GLOBAL
Breaking News:
Carlsberg Group: "First quarter in line with expectations"
(beveragemanager.net) - Carlsberg reported a Q1 net loss of $13.3 million as earnings were impacted by lower sales in Russia and eastern Europe.
Breaking News:
Canada: Molson Coors reports higher net sales
(beveragemanager.net) - Molson Coors Brewing Company reported 0.1 percent higher net sales and a 4.5 percent increase in underlying after-tax income for the first quarter 2012, driven by positive beer pricing and sales mix across the Company.
SUPPLIERS
Breaking News:
Mexico: Jugos del Valle invest in new hot-fill Combis
(beveragemanager.net) - The investment reflects the market’s growing demand for isotonic drinks and ready-to-drink teas.
Breaking News:
Krones: "New orders increased 5.0 % year-on-year to 659.8 million euros"
In the first three months of 2012, the company laid a solid foundation for achieving its sales growth target of 2 % to 4 % for 2012.
