Heineken's United Breweries halts beer sales in Indian state

Heineken's United Breweries halts beer sales in Indian state over pricing
By Rishika Sadam, Nandan Mandayam and Indranil Sarkar HYDERABAD/BENGALURU (Reuters) -Heineken-owned United Breweries on Wednesday stopped supplying beer to Telangana in southern India, following the state's refusal to allow price rises,
United Breweries May See Profitability Pressure After Telangana Supply Halt: Kotak
The suspension of supply to Telangana could meaningfully impact near-term earning, given operational deleverage. But United Breweries’ ask is reasonable, Kotak said.
United Breweries stops beer supply to Telangana; stock slumps nearly 7%
United Breweries Ltd (UBL), the maker of Kingfisher beer, announced on Wednesday that it has suspended the supply of its beer to Telangana Beverages Corporation Limited (TGBCL), the state's sole distributor of alcohol.
Heineken-controlled United Breweries halts beer supply in India's Telangana state
United Breweries said on Wednesday that it has suspended supplying beer to a state-run corporation in the southern Indian state of Telangana, which will halt sales of popular beer brands such as Heineken and Kingfisher in one of the country's top liquor-selling states.
United Breweries halts beer supply to Telangana over pricing disputes
Maker of Kingfisher beer, United Breweries saw a 4% share drop following its suspension of beer supply to Telangana Beverages Corporation Limited
Crisis Brewing: Telangana’s Beer Industry Faces Price Stalemate
The beer supply crisis in Telangana escalates as United Breweries and other industry leaders face unsustainable prices set by the state. The prices, outdated since 2018-19, have led to substantial losses and unpaid dues.
United Breweries 'bold' suspension of beer supply in Telangana could pay off in FY26: Kotak
Kotak Institutional Equities, in its latest note, highlighted United Breweries Ltd.'s decision to suspend beer supplies to Telangana due to pending price revisions and overdue rec
Heineken’s India Unit Stops Beer Sales to Key State, Shares Drop
Heineken NV’s Indian unit suspended supply of beer to the southern Indian state of Telangana, citing unprofitable prices and missed payments.
No more Kingfisher, Heineken beer in Telangana as United Breweries suspend supply over pricing
Telangana is India's biggest beer-consuming state, with Kingfisher, including Kingfisher Strong, Kingfisher Ultra, and Kingfisher UltraMax, accounting for around 60 per cent of the total sales. Telangana accounts for around 15-20% of United Breweries’ beer sales and 10%-12% of the company's earnings.
Heineken-Controlled United Breweries Suspends Beer Supply To Telangana Over Operating Losses
United Breweries, the maker of popular beer brands such as Heineken and Kingfisher, announced on Wednesday that it has halted the supply of its beer to the Telangana Beverages Corporation Limited (TGBCL),
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Beer prices in Telangana based on FY19 cost; Rs 3,900 crore dues remain unpaid to alcoBev sector: BAI
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Telangana Beer Crisis: Rs 3,900 cr Dues Unpaid, Prices Below Cost
United Breweries suspends beer supply to Telangana due to unpaid dues of Rs 3,900 crore and beer prices set below production ...
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Global alcohol firms demand unpaid dues of $466 million from Telangana: Report
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Beer prices in Telangana based on FY19 cost; Rs 3,900 cr dues remain unpaid to alcoBev sector: BAI
A day after the country’s leading brewer United Breweries suspended supply to Telangana, beer industry body BAI on Thursday said the commercial viability of prices set by the state government has ...