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Today's headlines

  • Britvic reports a 0.4% drop in fiscal Q1 2015 revenue to £304.3m, driven by lower demand in Great Britain and the US

  • In India, United Spirits reports a 21% increase in Q3 2014/15 net profit to Rupees 788m, despite a 1.8% drop in sales volume to 30.9m unit cases

  • In the US, breakfast cereal company Post Holdings aquires MOM Brands Company, in a deal worth US$1.15bn

  • In the UK, Molson Coors Brewing Company announces it is to sell its malting business Shobnall Maltings to French cooperative Soufflet Group, for an undisclosed amount

  • In the US, PepsiCo starts the distribution of its Pepsi True brand through retailers in Denver, Minneapolis and Washington DC

  • Dehydration on front page - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • Insights on investment and branding, plus entrepreneur shoot out session at 11th InnoBev Global Soft Drinks Congress in Dubai on 17-19 March 2015. Go to www.zenithinternational.com/events

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