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The Drinks Business
11 January 2021 By db staff
At the head of Constellation Brands’ corporate website the US group introduces itself as follows: “At Constellation Brands, we’ve always kept one question top-of-mind: ‘What’s next? ”
And that’s the question analysts and investors are asking in the wake of what look like watershed results for the third quarter of its financial year.
Yet again, and despite the ravages of coronavirus, Constellation’s quarterly revenues, this time for the three months to the end of December, beat market forecasts. At US$2.44 billion, they were again driven by the relentless progress of the Corona and Modelo beer brands.