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Latest Scottish & Newcastle Stories

2008-08-28 18:00:38

Dutch brewing giant Heineken yesterday said key brands inherited with the takeover of Scottish & Newcastle had outperformed a weakening UK beer market. Heineken, which completed the pounds 7.8 billion acquisition of S&N with Danish rival Carlsberg earlier this year, said Kronenbourg 1664 and John Smith's - gained share despite a 2.5 per cent fall in the wider domestic market. The firm has faced headwinds such as alcohol duty hikes, rising input costs and a weaker economy, but a...

2008-08-28 18:00:38

By Peter McCusker SALES of famous Scottish & Newcastle brands have seen Dutch brewing giant Heineken outperform the weakening UK beer market. Heineken, which completed the pounds 7.8bn acquisition of S&N with Danish rival Carlsberg earlier this year, said Kronenbourg 1664 and John Smith's gained share despite a 2.5% fall in the wider domestic market. The firm has faced headwinds such as alcohol duty hikes, rising input costs and a weaker economy, but a strong performance in...

2008-08-28 06:00:52

Heineken posted a 7.4 percent rise in first-half operating profit and better-than-expected sales despite higher grain and packaging costs, lifting its shares by 2 percent. Africa and the Middle East delivered an underlying 23 percent jump in revenue. Heineken, which also brews Amstel and Tiger beer, was also buoyed by contributions from the assets of Scottish & Newcastle, the British company it bought in April. First-half profit before special items rose to euro 925 million on sales...

2008-07-07 15:00:35

Research and Markets (http://www.researchandmarkets.com/research/d6a65e/vietnam_food_and_d) has announced the addition of the "Vietnam Food and Drink Report Q2 2008" report to their offering. Yet another flurry of activity in Vietnam's fledgling, but high-growth beer market has been witnessed this quarter with almost all of the industry's leading players announcing growth plans. In BMI's newly published Q208 Vietnam Food & Drink Report, we examine exactly what is drawing investors to...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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