青岛啤酒公告，2025年上半年实现营业收入204.91亿元，同比增长2.11%；净利润39.04亿元，同比增长 7.21%。报告期内，公司坚持创新驱动高质量发展，充分发挥品牌、品质、渠道网络优势，积极开拓海 内外市场，持续优化产品结构及提高运营效率，主要经营指标保持稳健增长。 ...

The booming non-alcoholic sector now accounts for almost one-tenth of beer brewed in Germany. But even in the brightest forecasts, this cannot possibly compensate for the decline in the boozy sort https://t.co/fi0ZwrcQmy ...

Core Viewpoint - Beijing Yanjing Beer Co., Ltd. has revised its "Whistleblower Protection and Complaint Reporting System" to enhance compliance and protect the interests of the company and its shareholders [2][3]. Summary by Sections Revision Details - The revision includes changing references from "Supervisory Board" to "Internal Audit Department" in certain articles [2][4]. - The purpose of the system is to regulate the professional conduct of the company's board members, supervisors, senior management, and employees, ensuring adherence to laws, industry standards, and company regulations [2][3]. Applicability - The revised system applies to all employees of the company, with departments allowed to create specific guidelines based on this system [4]. Reporting and Complaints - The system outlines various misconducts that can be reported, including violations of the company's articles, internal control systems, and ethical standards [5][6]. - The internal audit department is responsible for recording and assessing complaints within 24 hours, categorizing them into different levels for appropriate handling [6][7]. Investigation and Feedback - Upon completion of investigations, the internal audit department will report findings to the management or relevant committees, ensuring that all financial misconduct is reported to the internal audit department [8][9]. - The company guarantees that whistleblowers will not face retaliation for reporting non-malicious complaints, and their identities will be kept confidential [9][10].

Core Viewpoint - Molson Coors Beverage Company (TAP) reported second-quarter 2025 results with earnings per share exceeding expectations, while sales experienced a decline [1][2]. Financial Performance - Adjusted earnings per share increased by 6.8% year over year to $2.05, surpassing the Zacks Consensus Estimate of $1.83 [1]. - Net sales fell by 1.6% year over year to $3.2 billion, beating the Zacks Consensus Estimate of $3.1 billion [2]. - Gross profit decreased by 3.6% year over year to $1.28 billion, with a gross margin decline of 30 basis points to 34.3% [7]. Volume and Sales Mix - Financial volumes dropped by 7% year over year, attributed to lower shipments in the Americas and EMEA&APAC segments [5][6]. - Brand volumes fell by 5.1%, with a 4% decline in the Americas and a 7.8% decline in EMEA&APAC [5]. - The price and sales mix improved by 4.4% year over year, driven by premiumization and higher net pricing across key markets [6][11]. Segment Analysis - In the Americas, net sales decreased by 2.8% year over year to $2.5 billion, influenced by lower financial volumes but offset by a favorable price and sales mix [9]. - EMEA&APAC segment net sales rose by 3% year over year to $703.9 million, benefiting from a favorable price and sales mix despite lower financial volumes [12]. Future Outlook - The company revised its 2025 guidance, projecting a sales decline of 3-4% on a constant-currency basis and a 7-10% decline in underlying EPS [16][17]. - Underlying EBT is expected to decline by 12-15% year over year at constant currency [18]. - Capital expenditure is estimated at $650 million for 2025, with an expected underlying free cash flow of $1.3 billion [19].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Viewpoint - Molson Coors Beverage Company (TAP) is anticipated to report declines in both revenue and earnings for Q2 2025, with revenues expected at $3.1 billion, reflecting a 3.8% decrease year-over-year, and earnings per share (EPS) projected at $1.83, indicating a 4.7% drop from the previous year [1][10]. Financial Performance - The Zacks Consensus Estimate for TAP's revenues is $3.1 billion, down 3.8% from the prior year [1]. - The consensus estimate for earnings has decreased by one cent to $1.83 per share, representing a 4.7% decline year-over-year [1]. - In the last reported quarter, TAP experienced a negative earnings surprise of 37.5%, with an average trailing four-quarter earnings surprise of 0.2% [2]. Market Conditions - The company's Americas business is facing challenges due to tough macroeconomic conditions in the U.S., adversely affecting the U.S. beer industry and TAP's financial and brand volumes [4]. - Factors such as broader industry weakness, loss of contract brewing volume, and difficult year-over-year comparisons are expected to negatively impact Q2 performance [4]. - Macroeconomic headwinds, subdued consumer demand, and the exit from low-margin contract brewing arrangements are contributing to the company's struggles [5]. Strategic Initiatives - Despite the challenges, TAP's Acceleration Plan has supported market share gains through innovation and premiumization, with strategic investments in core brands likely cushioning performance [7]. - The company is focusing on revitalization by streamlining operations and reinvesting in brands, which has driven sustainable growth [7]. - TAP has enhanced its digital capabilities and expanded brewing and packaging operations in the U.K., driven by the success of its Madri brand [8]. Valuation Insights - TAP is trading at a forward 12-month price-to-earnings ratio of 7.94X, which is below its five-year high of 15.57X and the industry average of 13.72X, indicating an attractive investment opportunity [11]. - Over the past three months, TAP shares have declined by 16.1%, compared to a 13.6% decline in the industry [12].

Beer and music have long been a popular pairing. Now bands are collaborating with breweries on beers, hop waters and other drinks sold at shows and stores.🔗: https://t.co/mGnSft5BAL https://t.co/oAb6uV0Fvp ...

Beer and music have long been a popular pairing. Now bands are collaborating with breweries on beers, hop waters and other beverages sold at shows and stores. https://t.co/GSWpcQV0xZ ...

Financial Performance - Normalized net income increased by 15% in 2Q25, reaching BRL 2.83 billion, compared to BRL 2.46 billion in 2Q24[59, 67] - The company declared approximately BRL 60 billion in dividends year-to-date[16] - Cash and cash equivalents at the end of June 2025 stood at BRL 164 billion, a 4% increase year-over-year[69, 71, 73, 75, 77] Business Unit Performance - Brazil Beer's net revenue per hectoliter increased by 62%, despite an 89% decrease in volume[39] - Brazil NAB (Non-Alcoholic Beverages) experienced a 02% increase in volume and a 65% increase in net revenue per hectoliter[43] - LAS (Latin America South) saw a 29% increase in volume and a 194% increase in net revenue per hectoliter[45] - Canada achieved its best 2Q EBITDA growth, with volume up by 08% and net revenue per hectoliter up by 20%[51] Strategic Initiatives & Digital Platforms - Bees Marketplace GMV (Gross Merchandise Volume) increased by 90%, driven by 3P (third party) partnerships, reaching BRL 74 billion annualized GMV[24] - Zé Delivery GMV grew by 7%, with an 11% increase in average order value[24] Cost & Efficiency - The company achieved 22x operational leverage through cost and expense management initiatives[32] - A 10% reduction in SKU (Stock Keeping Unit) numbers was achieved[57]

Budweiser APAC’s second-quarter profit fell short of expectations, as beer consumption in China continued to decline https://t.co/9jWJLMhDIy ...