US – Energy drinks giant, Monster Beverage Corporation, has posted a revenue surge of 13.9 percent to US$6.31 billion, from…
Read MoreMonster Beverage revenue leaps 13.9% in FY22 boosted by pricing actions and moderating supply chain challenges
Tag: financial results
Naira shortage, galloping inflation bites Nigerian Breweries’ FY22 profits
NIGERIA – Nigerian Breweries Plc, the largest brewing company in Nigeria, said a shortage of Nigerian naira denominations and galloping…
Read MoreDistell achieves 13.6% revenue growth in South Africa for FY22, cautions on future prospects as global recession continues
SOUTH AFRICA – Distell, the second-biggest cider producer in the world, has reported a revenue rise of 13.6% with volume…
Read MoreMolson Coors posts 0.7% slump in Americas segment net sales, expects low single-digit rise in FY2023 net sales
USA – American beverage giant Molson Coors has reported its three years Revitalization Plan is bearing fruits in a view…
Read MoreBeam Suntory posts 13% net sales rise in FY22, premium brands command half of full bottle spirits sales
JAPAN – Beam Suntory, a Japanese multinational alcohol company, has posted a 10.5% year-on-year jump in net sales in the…
Read MoreKraft Heinz to launch first IHOP’s branded coffee in April, pauses price hikes in some regions
US – American multinational food company, Kraft Heinz, has announced the first launch of IHOP’s branded coffee in both bags…
Read MoreCoca-Cola HBC reports 28.3% net sales rise in FY2022, plans for price hike
SWITZERLAND – World’s third-largest Coca-Cola anchor bottler, Coca-Cola HBC AG, has reported double-digit growth in the full year 2022 net…
Read MorePepsiCo reports double-digit revenue growth in AMESA division in FY2022
AMESA – Multinational food and beverage corporation, PepsiCo, has reported a Full Year 2022 net revenue rise of 8.7% to…
Read MoreNampak’s profit takes foreign exchange hit despite 21% rise in revenue
SOUTH AFRICA – Africa’s leading diversified packaging manufacturer, Nampak, has reported a 21% rise in revenue in full year ended…
Read MoreOceana reports double digit growth in earnings driven by improved half year volume sales, high demand
SOUTH AFRICA – Africa’s largest fishing company, Oceana Group has reported a 12% rise in revenue from continuing operations to…
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