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Distillers & Wineries

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Vranken Pommery Monopole Q3 total revenue declines to ‍59.0​ million euros

Thursday, 19 Oct 2017

Oct 19 (Reuters) - VRANKEN POMMERY MONOPOLE SA ::Q3 TOTAL REVENUE EUR ‍59.0​ MILLION VERSUS EUR 59.2 MILLION YEAR AGO.FOLLOWING NEW AGREEMENTS, THE DEVELOPMENT IN RUSSIA OF CHAMPAGNE POMMERY SHOULD BE SIGNIFICANT‍​.

Pernod satisfied with Martell cognac inventory levels - CFO

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Pernod Ricard finance chief Gilles Boaert tells analysts::Says "very happy" with the inventory we have on Martell cognac, "we have the right supply to deliver on the ambition we have on Martell"..Says expects "tough" year in france after Q1 sales in France fell 4 percent.Says says California fires will have an impact on wine supply in the region, group production assets and wineyards in region are safe..

India's SOM Distilleries & Breweries Sept-qtr profit rises

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - SOM Distilleries And Breweries Ltd :Sept quarter profit 49.4 million rupees versus profit of 27.6 million rupees year ago.Sept quarter revenue from operations 897.9 million rupees versus 561 million rupees year ago.

Remy Cointreau says China performance can improve further over 3-5 years

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Remy Cointreau Chief Financial Officer Luca Marotti::Says on conference call that the negative foreign exchange impact on net group results, when modelled on a yearly basis, will be around 7 to 8 million euros ($9.42 million).Says China can improve performance over the next three to five years, though not necessarily "in a straight line".Says aiming in the medium term to increase annual advertising spend at a higher pace than sales growth.

Qinghai Huzhu Barley Wine sees Q1~Q3 FY 2017 net profit to down 30 pct to 50 pct

Monday, 16 Oct 2017

Oct 16 (Reuters) - Qinghai Huzhu Barley Wine Co Ltd <002646.SZ> ::Sees net profit for Q1~Q3 FY 2017 to decrease by 30 percent to 50 percent, compared to net profit of Q1~Q3 FY 2016 (194.2 million yuan).Says increased marketing cost as main reason for the forecast.

Italian Wine Brands 9-month consolidated sales up 5.6% YR/YR

Friday, 13 Oct 2017

Oct 13 (Reuters) - ITALIAN WINE BRANDS SPA :SAYS FIRST THREE QUARTERS CONSOLIDATED SALES OF EUR 104.5 MILLION, UP 5.6% YEAR/YEAR.VOLUME GROWTH WAS ACCOMPLISHED ON FOREIGN MARKETS, WHICH CONTRIBUTED TO ABOUT 75% OF GROUP SALES IN 9 MONTHS.

Thai Beverage says International Beverage Holdings (Singapore) buys 75 pct stake in MSC and MDC

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Thai Beverage PCL :Acquisition of 75 percent interest in Myanman Supply Chain & Service and Myanmar Distillery by International Beverage Holdings (Singapore)‍​.Cash considerations for purchase of target shares in MSC, MDC, AAIPL and ASIPL are about $6.9 million, $42.5 million, 494.4 million and $197.8 mln‍​.Assuming deal has been effected at end of 9M2017 EPS of company is expected to rise from 1.18 baht to 1.20 baht ‍​.

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