Archive for the 'Press Releases' Category

Process technology for wine and spirits

drinktec 2009 directs attention to the big picture

How much technology - and what technology - is needed in the production of whisky or Riesling? It´s a question that has been the subject of heated debate in the trade for many years. But whatever the individual viewpoint, what is sure is that at some stage in the process, some technology will be needed, by all wine and spirits producers. Just what technology is best suited for which applications will be highlighted next year, between 14 and 19 September 2009, at the world´s biggest trade fair for beverage and liquid food technology - drinktec, at the New Munich Trade Fair Centre.
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Moondyne Joe, the Bandit Bushranger - new product launch

From Western Australia’s most awarded winery, comes a new range of wines in The Bandit.
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Chateau Montelena and Chateau Cos d’Estournel jointly announce proposed acquisition - close of sale pending regulatory approval

Michel Reybier, owner of Chateau Cos d’Estournel (www.cosestournel.com), grand cru classé of Saint-Estèphe, today announced that he is in discussion with Chateau Montelena’s founder, Jim Barrett, to acquire the Chateau Montelena Winery in Napa Valley, pending regulatory approval. Chateau Montelena is known as one of the world’s greatest wine estates and is famous for having won the renowned Paris Tasting of 1976.
Continue reading ‘Chateau Montelena and Chateau Cos d’Estournel jointly announce proposed acquisition - close of sale pending regulatory approval’

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Pernod Ricard: 2007/08 full-year sales: € 6,589 million

* Outstanding growth over the financial year: +8.7%*
* Premium spirits** (+14%*) and emerging markets*** (+22%*) are the main growth drivers
* Acquisition of Vin & Sprit
* Further upward revision of guidance for growth in profit for the year 2007/08
Continue reading ‘Pernod Ricard: 2007/08 full-year sales: € 6,589 million’

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UST reports second quarter 2008 results; reaffirms Earnings Guidance for the year

- Net sales $506.2 million, +3% vs. year ago

- Diluted EPS $.94, +8.0% vs. year ago

- Adjusted diluted EPS $.95, +5.6% vs. year ago (see table)

- Total moist smokeless tobacco net can volume +1.3%

- Moist smokeless tobacco category +7.6% vs. year ago
(26 weeks ended June 14, 2008)

- Ste. Michelle Wine Estates net sales +24.7% and operating profit
+29.5% vs. year ago
Continue reading ‘UST reports second quarter 2008 results; reaffirms Earnings Guidance for the year’

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Vranken-Pommery Monopole: first-half 2008

* Champagne revenue up 4.7%
* Continued improvement in the product mix
Continue reading ‘Vranken-Pommery Monopole: first-half 2008′

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Pernod Ricard’s completed acquisition of V&S

Pernod Ricard is pleased to announce the completion of the acquisition of V&S Vin & Sprit AB (“V&S”). This follows the decision by the European Commission on 17 July 2008 to authorise Pernod Ricard to acquire 100% of the shares in V&S in accordance with the agreements concluded between the Kingdom of Sweden and Pernod Ricard on 30 March 2008. The transaction is valued at €5.69 billion, including debt.
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Brown-Forman shareholders celebrate record year

Directors Elected; Dividend Declared

At their annual meeting recently, Brown-Forman (NYSE:BFB)(NYSE:BFA) stockholders celebrated a record financial year and another successful milestone in the company’s leadership succession, as Geo. Garvin Brown IV officiated at his first annual meeting - and Brown-Forman’s 75th since the company went public in 1933 - as presiding chairman of the board of directors. Brown, a fifth generation family shareholder, became a director in 2006 and assumed the additional role of presiding chairman of the board in September, 2007.
Continue reading ‘Brown-Forman shareholders celebrate record year’

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Fortune Brands reports second quarter results

* Results Achieve High End of Updated Target Range
* Company Boosts Dividend 5% to Annual Rate of $1.76 Per Share
* Share Buybacks Exceed 4.3 Million Shares Since March 31
* Company Completes Repurchase from V&S Group of Minority Interest in Beam Global Spirits Business
Continue reading ‘Fortune Brands reports second quarter results’

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Rémy Cointreau: consolidated statements for the year 2007/8

The Board of Directors of Rémy Cointreau, meeting on 29 July 2008, approved the Group’s consolidated financial statements. Net profit was €98.4 million.
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LVMH delivers excellent results in the first half of 2008

Organic revenue growth of 12%
Further increase in operating margin

LVMH Moët Hennessy Louis Vuitton recorded revenues of €7.8 billion in the first half of 2008, reflecting organic growth of 12%. The Group had excellent performances in Asia, the United States and Europe.
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Aromatic still white style leads UK wine winners

A still white wine has triumphed as Wine of the Year in this year’s English & Welsh Wine of the Year Competition for the first time since 1999. Continue reading ‘Aromatic still white style leads UK wine winners’

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PA Liquor Control Board to upgrade special liquor order system

The Pennsylvania Liquor Control Board will suspend special liquor orders on its Internet vendor portal for two months, starting Monday, to upgrade the system.
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Hardy’s - the World’s most powerful brand

Hardys has again been announced the world’s most powerful Australian wine brand in an annual study of the world’s top wine and spirits brands.
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Italian wine scare

There are two current wine scandals which have recently broken in Italy. One concerns adulterated wine at the cheap end of the market and the other menaces one of the most best known regions of Italy - Brunello del Montalcino.
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Syrah du Monde® | Shiraz World Tasting

Producers of Syrah Wines — Registrations now open for Syrah du Monde® 2008
Continue reading ‘Syrah du Monde® | Shiraz World Tasting’

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