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Stock impact report

“There's no silver bullet to the on-premise in the UK” – SIBA CEO on the UK indie brewing scene [Yahoo! Finance]

Molson Coors Beverage Company Class B (TAP) 
Last molson coors beverage company class b earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Company Research Source: Yahoo! Finance
However, “survival” was listed as the main priority for 43% of SIBA members following further brewery closures in the opening three months of 2024, the association revealed at the launch of its 2024 Independent Beer Report in London. Andy Slee, chief executive of SIBA, sat down with Just Drinks to discuss some reasons for optimism in the UK beer scene as demand continues to prove resilient, as well as some challenges facing the industry like attracting the younger consumer back to beer and chasing profitability in harsh market conditions. Just Drinks: Beer production among UK independent brewers has returned to pre-pandemic levels – did this happen sooner than you expected? Andy Slee (AS): I'm pleasantly surprised. We've been going round and speaking to members and there were people saying that there was strong demand. What we know is there's strong demand for independent beer. It's just a matter of whether it's been realised or not. So we were pleasantly surprised. I think t Show less Read more
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