AB InBev Makes Encouraging Start To The Year
AB InBev, the world’s largest brewer, saw its share price increase more than 5% this morning in response to robust first-quarter figures.
Total group revenues...
Henkel Raises Outlook After Good First Quarter
Henkel, the owner of the Schwarzkopf haircare range and several well-known cleaning and adhesive brands, has raised its sales and earnings guidance for 2024...
Campari Has Taste For More M&A After Courvoisier Deal, New CEO...
Campari will seek further M&A opportunties after completing the buyout of French cognac house Courvoisier, the new head of the Italian drinks group said...
Kenvue Announces Job Cuts After Mixed First Quarter
Kenvue, the consumer health business spun off from Johnson & Johnson last year, has announced that it plans to cut 4% of its global...
New Products Help Drive Growth At Coty
Makeup and fragrance giant Coty has posted better-than-expected third-quarter sales figures and said it expects to hit the high end of its annual targets,...
Demand For Energy Drinks Boosts Monster
Monster Beverage has posted an 11.8% jump in first-quarter revenues to $1.9bn after seeing strong demand for its various energy drink brands.
Energy drinks have...
Sales At Kraft Heinz Weaken Again As Higher Prices Deter Shoppers
Shares in Kraft Heinz slid more than 6% yesterday after it missed estimates for first-quarter sales as inflation-weary consumers continued to shun its brands...
Estee Lauder Moderates Outlook Despite Recovery In Key Markets
Shares in beauty products giant Estee Lauder fell nearly 10% yesterday after it lowered its annual organic sales estimate even as demand for its...
Coca-Cola Seeing Robust Demand Despite Tough Trading Conditions
The Coca-Cola Company has reported robust first-quarter results and raised its annual sales forecast after seeing solid demand for its soft drinks despite recent...
Mondelēz Takes Hit To Volumes Following Further Price Rises
Mondelēz International, the owner of brands such as Cadbury, Oreo, and Ritz, has beaten market expectations for first-quarter sales and profit growth despite posting...
