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Boston Beer Co sees sales, profits rise despite Sam Adams weakness

2015-08-03 13:37:00| Daily beverage news and comment - from just-drinks.com

Boston Beer Co has reported a near-one-third leap in net profits for the first six months of the year, despite "developing weakness" in its flagship Samuel Adams brand.

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GlaxoSmithKline sees big profits fall

2015-07-29 17:09:33| BBC News | Business | UK Edition

Pharmaceuticals giant GlaxoSmithKline (GSK) sees a big fall in second-quarter earnings amid continued pressure from generic drugmakers.

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MTN Group sees H1 profits down 10-15% on forex effects

2015-07-28 11:52:00| Telecompaper Headlines

(Telecompaper) MTN Group said it's expecting a decrease of between 10 and 15 percent in profits for the first six months of 2015, as fluctuating exchange rates hurt its bottom line. In a market update, MTN said this equates to headline EPS of ZAR 6.20-6.56. The African operator said it also expects a 10-15 percent fall in attributable earnings per share compared to the year-earlier period, giving a result of ZAR 6.21-6.58 per share. Adverse exchange rate and cross rate movements impacted both revenues and EBITDA in the period, as well as resulting in increased forex losses, MTN said. 

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Nichols sees H1 net profits rise, acquires Feel Good

2015-07-24 18:36:00| Daily beverage news and comment - from just-drinks.com

Vimto owner Nichols has posted a healthy lift in half-year profits on flat sales, while announcing its purchase of the Feel Good soft drinks brand.

Tags: net good feel rise

 

Macallan producer sees profits fall

2015-06-29 15:32:27| BBC News | Business | UK Edition

The maker of The Famous Grouse and The Macallan reports a sharp fall profits, after a 239m writedown for its Brugal rum brand.

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