Anheuser-Busch InBev ‘not satisfied’ with 2019 performance

Anheuser-Busch InBev (A-B InBev) is disappointed with last year's financial performance, despite a third consecutive annual increase in the volume of beer and non-alcoholic drinks sold.The brewer behind brands such as Budweiser and Stella Artois last year posted a 4.3 per cent year-on-year organic increase in sales to US$52.3 billion.For the fourth quarter sales climbed 2.5 per cent...

Molson Coors to boost marketing on core beer brands

To reverse a recent dip in sales at Molson Coors Beverage Company, the US brewer is planning to increase the marketing spend on its two biggest beer brands, Miller Lite and Coors Light, in 2020.Molson Coors reported a dip in both sales and volumes in full-year results for 2019, which chief executive Gavin Hattersley described as a “challenging” year...

Canned Food UK teams up with food blogger on new campaign

The body that promotes canned food in the UK has teamed up with food writer Jack Monroe to launch six new recipes.Canned Food UK is making the recipes available on its website with February’s recipe being creamy brown lentil daal. There will be monthly competitions on Canned Food UK’s social media pages with the prize being a signed copy of...

Krones plans job cuts to restore profitability

Krones, a leading manufacturer of canning and packaging technology, is planning job cuts to restore profitability.While revenues rose by 2.7 per cent to €3.96 billion (US$4.3bn) in 2019, despite the difficult economic environment, high costs – especially for labour – product mix and structural measures hit profitability, the German company reported.Pre-tax profit fell to €41.7 million ($45.25) in 2019,...

Entry-level canning system launched for craft beverages

An automated drinks canning system aimed at entry-level producers of craft beers and other beverages has been launched by Wild Goose Filling.The Gosling, capable of filling up to 12 cans per minute, joins the Louisville, Colorado, company’s range of canning and bottling machines primarily used for craft beverages. These single and dual line systems fill up to 50 and...

Coca-Cola HBC invests in new canning line

Coca-Cola Hellenic Bottling Co (Coca-Cola HBC), one of the world’s largest Coke bottlers covering a region from Ireland to Russia, has invested more than £9 million (US$11.6m) in a second can filling line at a plant in Lisburn, Northern Ireland.The 50,000sqm plant at Knockmore Hill serves the whole Irish market and is supplied with cans from Ardagh and Canpack....

QR codes to offer more infant formula transparency at Danone

Danone has developed a digitally-enabled service for infant formula, offering consumers greater transparency on the “farm-to-fork” journey of brands including Aptamil, Karicare, Laboratoire Gallia and Nutrilon.Shoppers will access the company’s Track & Connect service by using their smartphones to scan two QR codes on infant-formula packs. One QR code will be laser printed on the outer pack and the...

Record sales for Red Bull in cans

Sales of Red Bull, the leading energy drink in cans, increased to record levels last year, thanks to growing demand in developing countries.Some 7.5 billion cans of the drink were sold worldwide in 2019, an increase of 10.4 per cent year-on-year that was propelled primarily by growth in emerging markets such as India (up 37 per cent), Brazil (+30)...

Sales drop at Kraft Heinz

Kraft Heinz revealed "disappointing" sales of US$6.5 billion for the full year 2019  – down 5 per cent compared with the previous year.The poor results were largely expected by the market. Kraft Heinz has been struggling to cope with changing consumer preferences for some time. However, market analysts are now beginning to demand a plan to turn the Kraft...

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