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Profits slashed at Stock Spirits as Polish market woes take their toll

Published:  10 March, 2016

FTSE-250 Central and Eastern European branded spirits producer Stock Spirits posted disappointing 2015 results today on the back of problems in the pivotal Polish market.

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Good news for Morrisons as group returns to profit

Published:  10 March, 2016

Big-four multiple retailer Morrisons bounced back into profit last year, according to figures released by the group today.

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Treasury Wine Estates strong H1 results show profits double

Published:  18 February, 2016

Treasury Wine Estates released its interim results for the first six months ending on 31 December, 2015 with net profits after tax more than doubling to AUD$87.6m and net sales revenue up 22%.

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Distell posts strong growth and looks to double the size of the business by 2020

Published:  17 February, 2016

The Distell Group posted strong year-on-year growth following a record festive trading period and strong performances across Africa.

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Pernod Ricard outperforms Diageo with solid half-year profit growth

Published:  11 February, 2016

Global drinks giant Pernod Ricard has reported solid growth in the first half of its financial year 2015/16, with organic sales up 3% to £3.9 billion.

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Weak euro offsets ongoing slide in French wine and spirits exports

Published:  11 February, 2016

The ongoing weakness of the euro in the global currency markets has proved a boon for makers of wine and spirits in France, according to figures released by the Fédération des Exportateurs de Vins et Spiritueux de France.

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LVMH posts strong 2015 results on back of healthy drinks sector sales

Published:  03 February, 2016

The wines and spirits division of luxury goods group LVMH posted sales growth of 16% in 2015, with organic growth at 6%, the company has reported.

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Conviviality half-year figures show impact of Matthew Clark acquisition

Published:  01 February, 2016

Conviviality plc has released its first half-year results since its reverse takeover of leading on-trade distributor Matthew Clark last autumn.

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Diageo turns a corner with positive half-year results

Published:  28 January, 2016

Diageo posted a 1.8% organic rise in sales for the six months to December 31, 2015, according the figures released by the company today.

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Rémy Cointreau bounces back with third quarter growth

Published:  21 January, 2016

Rémy Cointreau returned to growth in its third quarter, driving sales for the first nine months of its financial year to some £616 million, the company announced this morning.

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Casillero del Diablo drives Concha y Toro to new heights

Published:  20 January, 2016

Strong Christmas sales for its flagship Casillero del Diablo brand ended a successful 2015 for Concha y Toro, the company has announced.

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Losses mount at Berry Bros & Rudd

Published:  21 December, 2015

Berry Bros & Rudd, wine merchants to the royal family, reported pre-tax losses of £11.4 million last year.

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Strong sales figures from Pernod Ricard add to pressure on Diageo

Published:  22 October, 2015

Pernod Ricard is reporting solid growth for the three months to September 30, 2015, according to figures released today.

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Ocado records quarterly sales rise of 15.3% and 27,000 more orders per week

Published:  15 September, 2015

Online grocery operation Ocado has reported a 15.3% rise in its own retail sales in the 12 weeks to August 9, to £252 million.

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Gruppo Campari announces strong half-year sales and margins

Published:  06 August, 2015

Gruppo Campari has posted strong sales and higher margins for the first six months of 2015.

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Strong Fever-Tree results consolidate market position

Published:  27 July, 2015

Fever-Tree, the UK-based manufacturer of premium mixers, has revealed strong growth for the first half of 2015. Its results for the six months to 30 June showed revenue of £24.1m - up 62% on the same period for the previous year.

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Constellation buys Meiomi luxury Pinot Noir brand as Q1 sales increase by 7%

Published:  02 July, 2015

Constellation Brands is to pay US$315 million to add the premium California wine brand Meiomi to its portfolio.

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Asda sales decline 3.5% as discounters, Waitrose and Morrisons see growth

Published:  01 July, 2015

Asda saw the biggest sales decline of the big four supermarkets in the second quarter of the year as the growth of the discounters continued to have an impact.

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Sainsbury's Q1 sales decline due to food price deflation

Published:  10 June, 2015

Sainsbury's sales declined for the sixth consecutive quarter with total retail sales down 0.6% and like-for-like sales down 2.14%. driven primarily by food deflation.

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LWF Wrap Up: Despite an already marked period of change in the trade, many believe more is yet to come

Published:  08 June, 2015

The wine and spirit industry has been through a marked period of change - and, talking to suppliers and producers at last month's London Wine Fair more than ever manyexpect more transformation ahead.

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