Beverages – World News
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Carlsberg India revenue falls 2.2% to US$915.2M in FY26
Lower excise duty and overall expenses supported profitability, while sales promotion spending rose 42.6% as the brewer prepared for a potential $700 million IPO.
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India investigates Pernod Ricard, Diageo over Scotch import tariffs under UK trade pact
The investigation centres on whether bulk Scotch concentrates qualify for reduced duties under the India-UK trade agreement, which cut tariffs on certain Scotch imports from 150% to 75%.
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Carlsberg plans US$65M investment in Vietnam through 2031
The proposed investment follows a US$90 million brewery expansion completed in 2025 and targets digitalization, renewable energy, production efficiency and improved product quality.
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Nestlé records US$1.95B hit following seizure of Russian business
The Swiss food group reported 4% third-quarter organic sales growth, led by Petcare and Food & Snacks, and maintained its full-year 2026 financial guidance.
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Crown Holdings raises 2026 earnings forecast on strong beverage can demand
Crown Holdings reported higher third-quarter revenue and earnings, while expansion projects in Brazil, Greece, Spain and India support its beverage packaging growth strategy.