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World: Carlsberg reports 6% growth in 2024 operating profit, forecasts higher than anticipated growth this year
World: Carlsberg reports 6% gr...
06 - 03 - 2025
World: Carlsberg reports 6% growth in 2024 operating profit, forecasts higher than anticipated growth this year
Carlsberg on February 6 reported annual operating profit growth at the top of its guided range and forecast higher than anticipated growth for 2025, sending the Danish brewer’s shares 6% higher. Carlsberg, the world’s third largest brewer behind Anheuser-Busch InBev and Heineken, said organic operating profit grew 6% for the full year, versu...
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Global beer industry added US$878bn to world economy in 2023
Global beer industry...
05 - 03 - 2025
Global beer industry added US$878bn to world economy in 2023

World Brewing Alliance publishes survey results on the impact of the beer sector on GDP in 140 countries

A new report commissioned by the World Brewing Alliance (WBA) has revealed that the beer secto...
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Global craft beer sector forecast to hit US$243bn by 2033
Global craft beer se...
20 - 02 - 2025
Global craft beer sector forecast to hit US$243bn by 2033

Demand for craft beer is forecast for robust growth, with low- and non-alcoholic brews a major driver

The global craft beer market is forecast to reach US$242.79 billion by 2033, registering a compou...
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Vietnam: Carlsberg sees both revenue and sales volume flat in 2024
Vietnam: Carlsberg s...
20 - 02 - 2025
Vietnam: Carlsberg sees both revenue and sales volume flat in 2024

Both revenues and sales volume of Carlsberg in the Vietnamese market were flat last year compared to 2023, the Danish brewer said in its 2024 performance review, The Investor reported on February 10.

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World: Heineken’s 2024 profit exceeds both forecasts and its own outlook
World: Heineken’s 20...
14 - 02 - 2025
World: Heineken’s 2024 profit exceeds both forecasts and its own outlook

Dutch brewer Heineken reported annual profit growth on February 12 that exceeded both forecasts and its own outlook, citing growth in its portfolio of premium-priced beers.

Heineken, the world’s seco...
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Vietnam’s Sabeco boosts its profits in 2024
Vietnam’s Sabeco boo...
14 - 02 - 2025
Vietnam’s Sabeco boosts its profits in 2024

Despite the country’s tighter regulatory regime, Vietnam’s leading brewer grew its profit by 5.6% in 2024

The Saigon Beer – Alcohol – Beverage Corporation (Sabeco), a Ho Chi Minh City-based brewer co...
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HMG going green with EV
HMG going green with...
27 - 12 - 2024
HMG going green with EV
HMG Investment Development & Service Company, is the exclusive distributor of ingredients for several leading global brands and suppliers, including BarthHass, Soufflet, CrispMalt, and Castle Malt...
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