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Slower US sales offset by Europe growth for Molson Coors Beverage Co – results data

Joe Bates
Last updated: 06/08/2024 at 4:40 PM
By Joe Bates
6 August 2024
4 Min Read

The Canadian-American brewing giant suffered a 0.4% revenue dip amid falling volumes and currency woes but overseas sales are rising.


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Sales in three months to end of June flat (-0.1%) at US$3.25bnBrand volumes slip 7.3% in 'Americas' reporting region'Europe, Middle East & Africa' and 'Asia Pacific' volumes up 2%Six-month sales rise 4.2% to $5.85bnMolson Coors Beverage Co delivered a steady performance in the second quarter, with sales hitting parity with the corresponding period last year.The North American group attributed the result to declining volumes at home, offset by strong demand in Europe and Asia. The flat quarter compares unfavourably with major rivals Anheuser-Busch InBev and Heineken, which posted top-line

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TAGGED:Molson Coors Beverage Co
Joe Bates
ByJoe Bates
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Joe has been a business journalist for over 20 years, specialising in the drinks, aviation and Global Travel Retail sectors; Duty-Free News International, IWSR Magazine, Drinks International and Whisky Magazine, among others.
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