Profit for Liquor Maker
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llied Domecq PLC, the big liquor maker, said yesterday that it expected to report increased profit for its fiscal year as a result of growth in Britain and the United States.
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Diageo, the world's biggest maker of alcoholic drinks, has said that net profit fell 23 percent to 895 million pounds (1.339 billion euros, 1.760 billion dollars) in the first six months of its financial year.
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Wine and spirits group Allied Domecq said today a strong performance by its core brands was behind a 6% rise in profits. Growth of favourites such as Ballantineâs whisky, Beefeater gin and Malibu rum helped
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Wine and spirits distributor finds heady profits in wine cellar.
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Altria Group Inc. MO.N, on Tuesday  posted higher quarterly profit, as higher income from its stake  in brewer SABMiller Plc SAB.L, a lower tax rate  and the weak  dollar offset weakness in domestic tobacco and its Kraft food  business.
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Anheuser-Busch Cos. Inc.  posted a higher quarterly profit on Thursday, driven by stronger U.S. shipments of beer, higher prices and demand for its imports.
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The condiment maker offers tasty earnings numbers.
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The Heineken group&#39;s half-year profits are down 27% on last year, the company announced today. Heineken reported organic net profit growth of 6%, with sales of the Heineken brand in the premium segment up 5.8%, rising to 9.5 million hectolitres.
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Anheuser-Busch Cos. Inc. BUD.N, the  largest U.S. brewer, said on Wednesday quarterly profit rose  due to price increases on brands such as Bud Light and strong  growth in its international business, which benefited from the  acquisition of Harbin Brewery in China.
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The newspaper publisher reported profit of $365.7 million on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising.
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SABMiller, the world&#39;s third largest brewer, has reported a surge in profits helped by US and South African demand. Pre-tax earnings in the six months to 18 November jumped 80% to $1.2bn from $665ma year earlier.
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The nationâs largest brewer said an increase in international sales helped push its profit up 11 percent in the third quarter.
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- Wine and spirits company Constellation Brands Inc.  said quarterly profit fell sharply, hurt by a plan to cut the amount of wine it ships to U.S. distributors and lower results from its UK business.
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French wine and spirits producer Remy Cointreau said it was on track for profit growth after strong sales.
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Diageo, the worldâs largest producer and distributor of alcoholic drinks, reported a 23 percent decline in first-half profit but raised its full-year forecast for profit growth from existing operations. The company, which is based in London, announced a Â£100 million ($195.6 million) expansion of its Scotch whiskey operations in anticipation of continued long-term demand in emerging markets. Diageo said profit fell to Â£895 million ($1.75 billion) in the six months ended Dec. 31, from Â£1.17 billion a year earlier. The company said profit excluding one-time items was up 4 percent, to Â£1.31 billion, and it raised its forecast for profit growth this year to 8 percent from 7 percent.
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Molson Coors Brewing Co.   reported higher-than-expected quarterly profit on Thursday, aided by higher pricing and volume growth and an extra selling week.
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Anheuser-Busch Cos. Inc. BUD.N,  the largest U.S. brewer, said on Wednesday quarterly profit  rose, but domestic market share slipped and the company  forecast a tough year for growing profit in its beer business.