Pernod Ricard records 1% sales decline for FY24
29 August, 2024
Pernod Ricard has reported organic sales decline of -1% for the fiscal year ending June 2024.
Guinness shines despite Diageo sales decline
30 July, 2024
Diageo reported a net sales decline of 1.4% to $20.3 billion for the year end 30 June 2024 which the company pinned on unfavourable foreign exchange and inflation.
Heineken to cut 8,000 jobs after sales decline by 11.9%
10 February, 2021
Heineken has announced plans to cut 8,000 jobs as part of an organisational restructuring effort designed to save €2 billion by 2023.
Carlsberg reports first quarterly sales decline in two years
30 April, 2020
Danish brewer Carlsberg has reported its first quarterly sales decline in two years as a result of the Covid-19 pandemic.
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Comment
Ben Branson
Ben Branson: Why non-alcoholic pricing is right
The pricing structure of non-alcoholic spirits has a high level of elasticity - there’s already a broad spectrum of price points which consumers are trying to navigate.
