The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

Mondelēz International and JAB majority-owned subsidiary Maple Holdings are selling a total of 60 million shares held in Keurig Dr Pepper.

Mondelēz International has reported a 4.9% increase in net revenue for Q3, as the company bounced back to growth in a number of markets.

Walmart has agreed to sell UK grocery chain Asda to the Issa brothers and private equity firm, TDR Capital, for an enterprise value of £6.8bn.

Kraft Heinz has posted net sales of $6.16 billion in Q1, representing 6.2% organic growth as a result of increased consumer demand related to Covid-19.

Carlsberg has recorded a decline of 6.8% in first quarter sales due to the global closure of bars and restaurants during the coronavirus lockdown.

Mondelēz International has reported 2.6% growth in net revenue to $6.7 billion during its first quarter, driven by strong demand from North America.

PepsiCo reported strong results in Q1, as its three North American divisions saw positive impact on both net revenue and volume growth due to Covid-19.

Pernod Ricard has reported that its organic sales have fallen 14.5% during its third quarter due to Covid-19 impact, despite a solid start to the quarter.

Heineken has reported that its beer sales have been significantly impacted by the coronavirus outbreak, with global beer volume sales falling 14% in March.

Coca-Cola has announced that its global sales volumes have fallen 25% this month due to Covid-19 disruption, as the company reported flat Q1 revenues.

Aldi UK has announced it is selling groceries online for the first time, in the form of food parcels for at-risk individuals self-isolating amid Covid-19.

Mondelēz International delivered organic net revenue growth of 4.1% last year as it was helped by its performance in emerging markets.