Consumer DECODED
Latest edition: 30 May 2024
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Spotlight
Will Trump's import-tariff pledge cause headaches for drinks majors?
Trump has pledged a universal 10% tariff on all imports into the US which could hit Tequila, Cognac and Scotch whisky hard.
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: group aims to increase sales revenue in mid to high single-digit percentage range with an underlying profit margin of slightly more than 30 percent Rapid reduction of leverage through strong operating cash flow planned; acceleration through additional capital measures remains an option Investment program focused on innovation, customer proximity, resilience, and sustainability in execution Medium-term ambition through to 2028: average annual increase in sales revenue of more than 10 percent expected; profit margin to increase to around 34 percent by 2028 Uncertainties remain high due to the global political and economic situation The life science group Sartorius expects a return to profitable growth in 2024 and a dynamic business development for the five-year period through to 2028.
Molson Coors takes Peroni Nastro Azzurro production in-house
Molson Coors is moving the production of its licenced Italian beer brand Peroni Nastro Azzurro to the US.
In data: finding importers is largest hurdle for wine exporters to Japan
Building a partnership with an importer is the most commonly reported problem facing companies exporting Japan.
Germany's Schloss Wachenheim to double non-alcoholic sparkling-wine production
Non-alcoholic wine now forms around a third of sales at Schloss Wachenheim.
What Nestlé's GLP-1 line means for the food industry
The Swiss food giant is launching its "companion" range for Wegovy and Ozempic users later this year.
Comvita bidder walks away from deal
A potential acquirer of Comvita has ended its interest in doing a deal, the New Zealand honey maker has confirmed.
General Mills CEO Jeff Harmening points to “steady” volume uptick
General Mills anticipates volumes will improve in the new fiscal year but achieving longer-term sales growth targets will be “tough”.
Mona Dairy on brink of collapse without new funding or buyer
Mona Dairy has suggested it is on the brink of collapse unless the UK-based private-label cheese business secures new financing or a new owner.
Retailers looking for ways to win in secondhand market
Bungang Market, a popular second-hand trading app, has finished attracting a total of KRW 82 billion in investment.
In our previous edition
Consumer Decoded
Wine investor Artémis Domaines in talks to buy Château de Puligny-Montrachet
29 May 2024
Consumer Decoded
Is Heineken's hard-seltzer play a smart way to access younger drinkers or a strange move?
28 May 2024
Consumer Decoded
Trident Traders to import AB InBev Indian beer Haywards 5000 into UK, Europe
27 May 2024
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