Analysis: Diageo's recovery mode in 2021
Diageo shareholders were toasting chief executive Ivan Menezes after he said they can expect to receive billions of pounds in share buybacks or special dividends. The Smirnoff, Johnnie Walker and Guinness producer announced that organic profit should grow by at least 14% in the year to 30 June.
We caught up with Katie Souter of Vin-X to learn more about why fine wine could make an appealing investment opportunity during the current economic climate.
Australia grows wine exports by 4%
Strong demand in the UK and China allowed Australia to increase wine exports by 4% during the 12 months to September 30.
Zamora Company reports strong 2019 sales
Spanish drinks producer Zamora Company has reported that turnover increased 6.3% to €208 million in 2019.
Brown-Forman beats expectations by posting robust Q1 results
A strong domestic performance ensured that Brown-Forman net sales decreased by just 2% year-on-year in the three months to July 31, 2020.
Carlsberg suspends share buyback as profits dwindle
Danish brewer Carlsberg expects to report an organic operating decline of 10% to 15% this year as a result of on-trade closures.
Cape Wine pushed back to 2022 due to Covid-19 pandemic
Wines of South Africa has moved trade show Cape Wine from September 2021 to October 2022 as a result of the Covid-19 pandemic.
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Ben Branson on the future of non-alc spirits
In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.
