Outlooks Diverge for Alcohol, Soft Drinks in European Beverages Sector
Dow Jones
Sep 16
1213 GMT - Alcohol and soft drinks continue to have contrasting outlooks in the European drinks sector, Deutsche Bank analysts say in a note. They stay cautious on spirits and selective on beer, while positive on soft drinks. Alcohol growth in developed markets is experiencing headwinds from health-conscious younger consumers, weight-loss drugs and cannabis, they say. Additionally, growth in the ready-to-drink sector is hitting spirits.
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