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Reuters - 20小时前

Arcadis, Heineken Partner To Reduce Carbon At Breweries

BRIEF-Arcadis, Heineken Partner To Reduce Carbon At Breweries Sept 19 (Reuters) - Arcadis NV ARDS.AS : ARCADIS PARTNERS WITH HEINEKEN TO SUPPORT CARBON REDUCTION EFFORTS AT BREWERIES Source text: tinyurl.com/2cyn8548 Further company coverage: ARDS.AS (Gdansk Newsroom)
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Reuters - 2周前

European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks

BUZZ-European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks ** Deutsche Bank says soft drinks are the clear winner in the European beverages sector, while spirits and beer have suffered from a combination of negative estimate revisions and multiple contraction post a dismal summer ** "Brewers have not performed as well as we expected due to a combination of adverse weather in June and a lack of COGS (cost of goods sold) tailwinds," says DB ** It still sees the beer sect
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Reuters - 2周前

Barclays Bank, Ferrari, Volkswagen

EUROPE RESEARCH ROUNDUP-Barclays Bank, Ferrari, Volkswagen Sept 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays Bank, Ferrari and Volkswagen on Monday. HIGHLIGHTS * Barclays Bank BARC.L : Morgan Stanley raises target price to 300p from 290p * Ferrari RACE.MI : Citigroup raises target price to EUR 360 from EUR 334 * Mercedes-Benz Group AG MBGn.DE : Citigroup cuts target price to EUR 60 from EUR 65 * Shell Plc SHEL.L : HSB
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Reuters - 2周前

Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds Unilever Sept 5 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Capital in May 2023. Renault RENA
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Reuters - 2周前

Moscow approves Unilever deal to offload Russian assets, RBC cites sources

UPDATE 3-Moscow approves Unilever deal to offload Russian assets, RBC cites sources Unilever's Russian assets valued at 35-40 billion roubles, RBC reports Arnest Group may purchase Unilever's Russian assets, Kommersant says Kremlin demands 50% discount on exit deals from 'unfriendly' countries Adds information about potential buyer in paragraphs 5-6 MOSCOW, Sept 4 (Reuters) - Consumer goods giant Unilever ULVR.L has received Russian government approval to sell its assets in Russia, the RBC busin
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Reuters - 2周前

From apartheid to Gaza, consumer boycotts have hit major companies over the years

REFILE-FACTBOX-From apartheid to Gaza, consumer boycotts have hit major companies over the years Corrects to remove extraneous letter in paragraph 1, changes story identification tag LONDON, Sept 4 (Reuters) - Global companies including Anheuser-Busch InBev ABI.BR , Coca-Cola KO.N and Target TGT.N have suffered hits to sales and, in some cases, reputations, after shoppers boycotted their products or services over the years.
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Reuters - 3周前

JPM sees volume/pricing trade-off amid weak demand in focus for European Staples in H2

BUZZ-JPM sees volume/pricing trade-off amid weak demand in focus for European Staples in H2 ** After a mixed H1 for European Staples, focus in H2 will be on the balance of volumes recovery versus easing pricing and accelerated promotion and marketing, as well as demand risks in U.S. and China, J.P. Morgan says ** It flags that the faster-than-expected normalisation in pricing is weighing on revenue growth while consumer demand also shows signs of strains in major markets, U.S.
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Reuters - 4周前

Royal Unibrew rises on 2024 EBIT outlook hike, despite soft Q2

BUZZ-Royal Unibrew rises on 2024 EBIT outlook hike, despite soft Q2 ** Shares in Royal Unibrew RBREW.CO rise 3% after the Danish brewer lifted the bottom end of its 2024 EBIT guidance range on Thursday, softening the hit from weaker than expected Q2 results ** It sees full-year organic EBIT growth of 14-19% vs previous range of 9-19% ** "The narrowing of the full-year EBIT guidance range ...
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Reuters - 4周前

Admiral, UCB SA, Victrex

EUROPE RESEARCH ROUNDUP-Admiral, UCB SA, Victrex Aug 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Admiral, UCB SA and Victrex, on Wednesday. HIGHLIGHTS * Admiral ADML.L : RBC raises target price to 3,550p from 3,400p * Demant A/S DEMANT.CO : Morgan Stanley raises to overweight from underweight * UCB SA UCB.BR : JP Morgan raises to overweight from neutral * Victrex Plc VCTX.L : Jefferies raises to hold from underperform * Watki
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Reuters - 1个月前

Brewers tap growth of zero-alcohol beers in Middle East

FOCUS-Brewers tap growth of zero-alcohol beers in Middle East By Mohamed Ezz and Emma Rumney CAIRO/LONDON, Aug 15 (Reuters) - Egyptian Mohannad Abdelazeem, 35, doesn't drink alcohol. But he does consume three or four cans per day of Moussy and Fayrouz - alcohol-free beers. Brewers including Carlsberg CALRb.CO and Anheuser-Busch InBev ABI.BR say interest is growing in such booze-free brews across the Middle East and North Africa, presenting opportunities in a region with some of the lowest alcoho
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Reuters - 1个月前

Carlsberg doesn't see dramatic curbs on India liquor ads

Carlsberg doesn't see dramatic curbs on India liquor ads By Jacob Gronholt-Pedersen COPENHAGEN, Aug 14 (Reuters) - Carlsberg CARLb.CO doesn't expect any dramatic changes to rules for liquor ads in India, the brewer's CEO said on Wednesday, after reports the country is set to announce sweeping rules that will bar even so-called surrogate ads. India bans direct advertising of liquor, but companies often use surrogate ads that promote their brands more generally.
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Reuters - 1个月前

Carlsberg shares hit 29-month low on gloomy Chinese beer outlook

UPDATE 1-Carlsberg shares hit 29-month low on gloomy Chinese beer outlook Carlsberg shares drop on bleak China outlook Shares at lowest level since March 2022 CEO cites tough market, 5% decline in China Despite weak Q2 sales, Carlsberg raises FY profit growth outlook Adds CEO quote in paragraphs 5,9, share price in 1,7 By Jacob Gronholt-Pedersen COPENHAGEN, Aug 14 (Reuters) - Carlsberg CARLb.CO gave a gloomy outlook for the Chinese market where beer drinkers are increasingly opting out of the mo
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Reuters - 1个月前

Big Beer’s stumbles leave investors ice cold

BREAKINGVIEWS-Big Beer’s stumbles leave investors ice cold The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Aug 14 (Reuters Breakingviews) - Investors are reluctant to toast big brewers’ rising profits. Despite their improving bottom lines, the valuations of Carlsberg CARLb.CO , Budweiser owner Anheuser-Busch InBev ABI.BR and Heineken HEIN.AS have declined.
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Reuters - 1个月前

Carlsberg lifts 2024 growth outlook, Q2 sales lag forecasts

UPDATE 2-Carlsberg lifts 2024 growth outlook, Q2 sales lag forecasts Adds detail on China in paragraph 4, Q2 volumes in 6 COPENHAGEN, Aug 13 (Reuters) - Danish brewer Carlsberg CARLb.CO on Tuesday lifted its forecast for full-year operating profit growth despite posting weaker-than-expected sales for the second quarter hit by bad June weather. "As a result of continued solid execution and good cost control, we're increasing our earnings expectations for the year despite volumes in Q2 being chall
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Reuters - 1个月前

Carlsberg lifts full-year organic growth outlook

Carlsberg lifts full-year organic growth outlook COPENHAGEN, Aug 13 (Reuters) - Danish brewer Carlsberg CARLb.CO on Tuesday lifted its full-year organic growth outlook. Reporting by Jacob Gronholt-Pedersen and Stine Jacobsen, editing by Terje Solsvik and Louise Rasmussen
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Reuters - 2个月前

Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds HSBC, Danone, Hugo Boss, updates Yandex Aug 6 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Cap
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Reuters - 2个月前

Cicor Technologies, Roche Holding, YouGov Plc

EUROPE RESEARCH ROUNDUP-Cicor Technologies, Roche Holding, YouGov Plc Aug 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Cicor Technologies, Roche Holding and YouGov Plc, on Tuesday. HIGHLIGHTS * Allied Irish Banks AIBG.I : UBS raises target price to EUR 6.25 from EUR 5.7 * Cicor Technologies Ltd CICN.S : Baader Helvea raises to buy from add * Ferrexpo FXPO.L : Panmure Liberum cuts target price to 120p from 175p * Roche Holding
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Reuters - 2个月前

India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod

RPT-EXCLUSIVE-India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod This is a repeat of an item issued on Sunday India's new rules could reshape alcohol advertising Stakes are high for Pernod, Diageo in $45-bln market New rules to ban ads that mislead consumers Industry in talks with New Delhi, rules likely in a month By Aditya Kalra NEW DELHI, Aug 4 (Reuters) - India, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogat
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Reuters - 2个月前

India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod

EXCLUSIVE-India plans tougher ad curbs on liquor makers such as Carlsberg, Diageo, Pernod India's new rules could reshape alcohol advertising Stakes are high for Pernod, Diageo in $45-bln market New rules to ban ads that mislead consumers Industry in talks with New Delhi, rules likely in a month By Aditya Kalra NEW DELHI, Aug 4 (Reuters) - India, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogate ads and sponsoring of events, which could force
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Reuters - 2个月前

AB InBev bucks series of gloomy earnings in booze sector

WRAPUP 2-AB InBev bucks series of gloomy earnings in booze sector AB InBev investors cheer Q2 results after rivals miss forecasts All alcohol companies cautious on outlook Tough economies, bad weather among factors weighing on sector Long-term, shift to healthier drinking threatens some companies By Emma Rumney LONDON, Aug 1 (Reuters) - Anheuser-Busch InBev ABI.BR outshone rival alcohol producers who had struck a downbeat tone in their quarterly results, but even the world's biggest brewer was c
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