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Molson Coors beats forecasts despite lower third-quarter adjusted profits

2015-11-06 04:51:38| Beverages - Topix.net

Molson Coors Brewing Company beat expectations even though its adjusted profit decreased 4.3 per cent to US$259.9 million in the third quarter due to currency swings and the ending of an agreement to distribute Miller brands in Canada. The Denver and Montreal-based company reported Thursday that it earned US$1.40 per diluted share, compared to US$1.46 per share or US$271.5 million a year earlier.

Tags: lower adjusted profits beats

 

Molson Coors Q3 and YTD by region - focus

2015-11-05 16:19:00| Daily beverage news and comment - from just-drinks.com

Earlier today, Molson Coors reported its Q3 and YTD results. Here,  just-drinks takes closer look at the brewer's Q3 performance by region.

Tags: region focus ytd coors

 
 

Molson Coors 2015 woes continue despite return to profit in Q3, appoints interim CFO

2015-11-05 15:40:00| Daily beverage news and comment - from just-drinks.com

Molson Coors has blamed currency headwinds, brand investment and the termination of various agreements for drops in sales and profits in the year to date.

Tags: return continue profit interim

 

AB InBev / SABMiller Merger: Molson Coors To Benefit Most Near Term

2015-09-18 14:14:13| Beverages - Topix.net

The amount to be bid and the shape of the deal are not yet known, but AB InBev has approached SABMiller about acquiring it. If the deal closes, the combined company will be a behemoth, accounting for nearly a third of the beer worldwide.

Tags: term near benefit merger

 

Molson Coors CFO Gavin Hattersley named CEO of MillerCoors

2015-09-08 23:38:34| Beverages - Topix.net

The board of MillerCoors - the U.S. and Puerto Rico joint venture of SABMiller and Molson Coors Brewing Company - on Tuesday announced Hattersley's official appointment. He has been interim CEO since July 1, when the joint venture's second-ever CEO Tom Long retired.

Tags: named ceo cfo gavin

 

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