Molson Coors Sales Surpass $11 Billion in 2017
11 days ago - By Brewbound
Despite continued negative domestic volume trends for its flagship light lager brands, Molson Coors' worldwide sales increased 0.2 percent to more than $11 billion in 2017, according to company earnings released today.
In 2017, Molson Coors' global brand volumes increased 1 percent while its revenues per hectoliter were up 2.6 percent, which the company credited to “revenue management and portfolio premiumization.”
The company also shared fourth-quarter highlights, including a 4.5 percent increase in global net sales to about $2.6 billion and a 5.8 percent increase in revenues per...
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