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No plain sailing for brewers' S&N aims

With a formal bid by Carlsberg and Heineken for European rival Scottish & Newcastle (S&N) yet to be submitted, the potential buyers already appear to be having difficulties with the...

Rexam to add new can plant in Denmark

Rexam said yesterday it would build a new beverage can plant in Denmark to meet increasing demand in Europe.

Remy Cointreau boosted by brand strength

Rémy Cointreau says it is confident of achieving "significant" improvements in organic profitability during 2008 on the strength of brands sales in emerging markets over the last half year. ...

Innovation needed to boost lactic acid profits, Purac says

Lactic acid producer Purac has said price increases for its product have not been enough to offset the cost of raw materials and energy.

SABMiller defies cost challenges through global growth

SABMiller continues to drive volume growth with the announcement today that lager volumes have increased 11 per cent for the first fiscal half of the year, attributed to the group's...

Pepsi profits despite commodities crunch

PepsiCo's third quarter revenues increased by 11 per cent to $10.1bn (€7bn) over the same period last year, the company reported yesterday.

Beer giants outline US merger plan

SABMiller and Molson Coors yesterday announced plans to combine their US operations to improve cost efficiency in the market place.

Cadbury Schweppes to list soft drink arm

Cadbury Schweppes today opted to demerge its €10bn beverage arm from its confectionary business by listing the unit as a separate company on the New York Stock Exchange.

Global consumers steer towards premium beer

Sales of premium beer continue to outgrow globally over private label and discounted varieties, according to the latest findings by beverage research group Canadean.

Sunny Delight shines focus on Kraft brands

Juice maker Sunny Delight hopes to profit from Kraft's latest restructuring drive with the acquisition of the food giant's fruit-based soft drink and vitamin water brands in the US.

Pepsi raises profit estimates amidst restructuring aims

Pepsi Bottling Group (PBG) has lifted its full year operating profit guidance by about two percentage points to between 10 per cent and 11 per cent after revenues rose by...

Emerging markets behind SABMiller profit boost

SABMiller says that a continued focus on expanding in emerging beer markets like Africa, Asia, Latin America and Central and Eastern Europe has allowed it to boost lager sales by...

Cott amends expectations for annus horribilis

International branded and private label soft drink manufacturer Cott has lowered it earning expectations for 2007, claiming it to be one of the most difficult years in its history.

Further growth ahead says Pernod Ricard chairman

Pernod Ricard expects to further improvements in profitability during the 2008 fiscal year as it continues to integrate the assets related to a takeover of Allied Domecq, company chairman Patrick...

Carlsberg builds new brewery in Vietnam

Carlsberg will strengthen its position in Vietnam's burgeoning economy with its new brewery built in association with a domestic partner, the company announced this morning.

Jungbunzlauer ups citric acid, xanthan gum prices

Jungbunzlauer has announced price increases affecting citric acid, sodium citrate, gluconates and xanthan gum as it offsets its own costs, an adjustment seen as aiding economic stability in the marketplace.

Cadbury Schweppes rejects beverage bid, says report

The saga over the anticipated sale of Cadbury Schweppes' US beverage division continues to roll on, with the company understood to have turned down a revised offer for the arm,...

Sara Lee plans coffee kick to beverages

Food and beverage group Sara Lee has announced plans for the future growth of its hot beverage operations with an increased focus on premium brands and emerging markets like Russia.

China Water & Drinks acquires stake in bottle maker

China Water & Drinks plans to acquire a stake in the largest water packaging manufacturer in China, a bid by the company to control its supply chain and bring down...

InBev refocuses towards profitability

InBev lifted its organic revenues by 8.2 per cent during the first half of the fiscal year to €6.7bn as the group continued to restructure its international beer operations towards...

Spirit brands drive Diageo profit growth

Diageo today forecast organic operating profit will increase by nine per cent in the current financial year after posting strong gains across the majority of its big brands, including Guinness.

Amcor's results signal shift in packaging market

Armed with a $1bn (€604.2m) war chest, Amcor has signaled it is on the lookout for further acquisitions, indicating that the packaging industry's current round of consolidation is not about...

Mild weather lifts Heineken sales

Mild temperatures drove an 8 per cent organic revenues increase to €6.1bn for Dutch brewer Heineken during the first fiscal half.

Dairy farming boom adds to processing woes

A number of leading dairy co-operatives worldwide have announced continuing rises in payouts to their suppliers and farmers as the cost of milk continues to surge.

V&S profits ahead of sell off

Spirits producer V&S hopes it can improve on its previous full year profitability ahead of the sale of its operations.

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