Suntory Beverage & Food Ltd. 2587

CELH's overseas business expands from a smaller base, with revenues up 55%, a Spain launch through Suntory and Portugal next in its Europe push.

Celsius Holdings (NasdaqCM:CELH) has entered an exclusive distribution agreement in Spain with Suntory Beverage & Food Spain. The partnership gives Celsius access to Suntory's established Spanish distribution network for its energy drink products. The move follows an earnings report in which Celsius Holdings reported results that exceeded market expectations. Celsius Holdings, known for its fitness oriented energy drinks, has been expanding its presence beyond North America, and this Spain...

Wondering whether Suntory Beverage & Food’s current share price still offers value, or if most of the opportunity is already reflected in the ¥4,843 recent close? The stock’s returns have been mixed, with a 0.5% decline over the last 7 days and a 0.6% decline over the last 30 days. The year to date return sits at 2.1% and the 1 year return at 3.9%, alongside a 7.5% return over 3 years and 33.3% over 5 years. Recent news coverage has largely focused on Suntory Beverage & Food’s position in...

Suntory Beverage & Food said the line will replace two existing Ribena lines that split production between concentrate and RTD formats.

Rising costs have hit Europe’s plastics recycling sector, eroding capacity, as drinks brands seek to meet pledges and face regulatory pressure.