Fevertree: US growth makes up for ‘unseasonable’ weather hitting UK sales September 12, 2024 Premium drink mixer brand Fevertree has reported a modest rate of growth despite a weak consumer backdrop after being boosted by sales in the US. The company told the London Stock Exchange this morning that revenue grew by two per cent year on year at constant currency rates in the six months to 30 June. [...]
Bulmers and Tennent’s owner C&C reports revenue dip after IT issues September 9, 2024 Drinks company C&C, which owns brands Tennent’s and Bulmers, has said earnings in the first half of its fiscal year have been “in line with expectations” as the group continues to recover from the software issues it experienced last year. The FTSE-250 firm said it expected net revenue to fall by three per cent for [...]
Higher price of milk warning issued by Cravendale maker Arla Foods amid shortage August 28, 2024 Arla Foods, the maker of brands including Cravendale, Skyr and B.O.B milk, has warned that customers will face higher prices in the coming months amid a shortage of milk on a global level. The company said it “anticipates that volatile market conditions driven by geopolitical tension and uncertainty” will continue but that a positive trend [...]
Diageo: Shares at Guinness maker sink as Latin America hangover continues July 30, 2024 Diageo reported a decline in annual profit on Tuesday as issues in Latin America continued to weigh on the world's largest spirit maker.
Carlsberg strikes £3.3bn deal for FTSE 250-listed Britvic July 8, 2024 Directors at Britvic said the offer was "fair and reasonable" recommending unanimously that shareholder vote in favour of the scheme.