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July 24, 2008 07:32 GMT
Pernod Ricard's Completed Acquisition of V&S
Pernod Ricard’s Completed Acquisition of V&S
Press release - Paris, 24 July 2008
Pernod Ricard is pleased to announce the completion of the acquisition of V&S Vin & Sprit AB (“V&S”). This fol...
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April 21, 2008 08:09 GMT
V&S Sustainability Report achieves highest reporting level according to GRI
V&S Group has achieved the highest level of A+ in line with Global Reporting Initiative (GRI) reporting guidelines. The A+ level has been confirmed by audit company Öhrlings PricewaterhouseCoopers. The GRI is supported by the UN’s environmental p...
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March 31, 2008 09:20 GMT
Comments by the Board of V&S Vin & Sprit AB (publ) to the decision by the Government
Pernod Ricard is a well-reputed company in the industry, with international brands as well as strong local presence. They take a long-term industrial view and have stated their ambition to continue to develop V&S's operations. The Board sees co...
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March 19, 2008 16:03 GMT
V&S Annual Report 2007 published
V&S Group's 2007 Annual Report is now published on the Group website vsgroup.com.
Further information
Peeter Luksep, Vice President Investor Relations, +46 70 723 41 28, peeter.luksep@vsgroup.com
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February 21, 2008 13:59 GMT
V&S Group board proposes dividend of SEK 800 mn
PRESS RELEASE Stockholm, 21 February 2008
V&S Group board proposes dividend of SEK 800 mn
The Board of V&S Vin & Sprit AB (publ) decided today to propose to the AGM a divided of SEK 800 million, in line with the previousl...
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January 31, 2008 12:22 GMT
Improved results for third consecutive year for V&S
· ABSOLUT VODKA rose by 9% in volume in 2007.
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November 26, 2007 09:40 GMT
New annual record at the ABSOLUT plant today
The production of ABSOLUT VODKA continues to break records. After a very strong third quarter, with sales volumes for V&S Absolut Spirits increasing with 14 percent, the success continues around the world. Today, Monday the 26th of November at...
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October 31, 2007 13:00 GMT
Very strong third quarter for V&S Group
· Third quarter operating profit up 23% to SEK 677 (549) million.
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October 29, 2007 11:43 GMT
V&S to sell yeast operation
V&S Group has signed an agreement to sell a yeast production facility in Grenaa, Denmark, to the Canadian company Lallemand Inc, one of the world’s leading producers and marketers of yeast.
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October 23, 2007 09:00 GMT
A worldpremiere from ABSOLUT:
ABSOLUT VODKA announces the global launch of a mango-flavored vodka. ABSOLUT MANGO brings you the true taste of mango and is available in Global Travel Retail from February, 2008.
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October 16, 2007 15:30 GMT
V&S Group 90 years old
V&S Group was founded on 17 October 1917. Today, 90 years later, V&S can look back on a long, successful journey. As one of the world’s leading companies in the beverage industry – with a raft of spirits brands such as ABSOLUT VODKA, Grönsted...
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October 2, 2007 08:00 GMT
V&S Group offsets carbon emissions by planting trees
V&S is the first company in the wines and spirits industry to introduce carbon offsetting as part of its environmental work. Carbon dioxide emissions from V&S’s production are being offset by investing SEK 3 million a year in certified forest...
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August 23, 2007 10:11 GMT
V&S Group: Continued organic growth
· Operating profit decreased 19% to SEK 878 (1,085) million
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May 30, 2007 07:00 GMT
V&S Group enters China´s domestic spirits industry
As one of the first international companies, V&S Group enters China´s large domestic spirits industry. Together with one of the top three baijiu producers in China, JianNanChun (JNC), which is second largest in volume and third in revenue and tax...
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April 27, 2007 11:07 GMT
Strong first quarter for V&S Group
· Operating profit increased by 10% to SEK 458 (417) million
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March 30, 2007 07:20 GMT
V&S Group continues expansion, acquires Norwegian distributor
V&S Group strengthens its position in the Nordic market through the acquisition of remaining shares in the Norwegian wine and spirits importer Amundsen AS. Since 2001 V&S Group owns 50 percent of Amundsen and is market leader in the Nordic ...
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March 20, 2007 14:47 GMT
Anders Narvinger new V&S Board Chairman
Anders Narvinger has been appointed new Chairman of the Board of V&S Vin & Sprit AB, succeeding Claes Dahlbäck. Eva Lindqvist has been elected new Member of the Board.
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March 1, 2007 15:00 GMT
Swedish consumer survey: Vodka is made from grain or potato
Grain and potato were identified as the raw materials of vodka by 62 per cent in a Swedish consumer survey ahead of an upcoming EU decision on revised spirits definitions.
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February 9, 2007 09:06 GMT
V&S Chairman Claes Dahlbäck not seeking re-election
Claes Dahlbäck, Chairman of the Board of V&S Vin & Sprit, has announced that he will not be seeking re-election at this year’s AGM. He has been a member of the V&S Board for 16 years, including 14 years as Chairman.
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February 1, 2007 08:30 GMT
V&S signs agreement to sell Florida Distillers
V&S Group has signed an agreement to sell Florida Distillers, which was part of the acquisition of Cruzan Rum, to Belvédère, a French spirit group.
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January 31, 2007 10:45 GMT
Increased sales and continued strong profit for V&S Group during 2006
Operating profit increased by 10% to SEK 2,275 (2,069) millio
Profit after tax increased by 5% to SEK 1,577 (1,505) million
Net sales increased by 8% to SEK 10,345 (9,578) million
Sales volume increased by 3% to 25.7 (24.9) millio...
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January 24, 2007 12:00 GMT
Statement from Vin & Sprit as Court of Appeal deals with V&S’s application for temporary injunction
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December 28, 2006 12:03 GMT
V&S Group opens a visitors centre in the sign of aquavit
North Jutland receives a new tourist attraction next year when V&S opens a new visiting centre in the distillery of Aalborg. The visitors will be given the opportunity to discover the art of producing aquavit and bitter.
The secret recipe of...
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December 12, 2006 13:26 GMT
V&S considers closing plant in Sundsvall
V&S Group considers closing the production plant in Sundsvall, Sweden in 2008. The current production in Sundsvall will in that case be relocated to other V&S plants. The reason is the plant’s low capacity utilization during the past several ...
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December 1, 2006 12:10 GMT
V&S Group and Foster’s agree Pan-Nordic partnership for wine business
Following an extensive review of its Nordic distribution base, Foster’s EMEA has decided to consolidate its entire wine portfolio with V&S Group across the Nordic region in order to provide a better service to its customers.
The agreement cov...
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November 23, 2006 07:30 GMT
Rémy Cointreau to leave Maxxium
Rémy Cointreau today announced that they plan to terminate its distribution agreement with Maxxium - V&S Group’s distribution joint venture outside the US and the Nordic countries - with effect from March 30, 2009.
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October 31, 2006 09:25 GMT
Increased sales for V&S Group
V&S Group’s operating profit improved by 18 per cent to SEK 1,634 million in the first nine months compared with 2005. Group net sales increased by 13 per cent to SEK 7,583 million. Profit after tax decreased with 6 per cent due to investm...
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October 19, 2006 08:15 GMT
V&S Group sells Domaine Rabiega vineyard
V&S Group has sold its Domaine Rabiega vineyard in the French Provence to Anders Åkesson.
A provisional agreement has been in place for the past six months between V&S Group and Anders Åkesson regarding the sale of Rabiega. The French a...
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September 28, 2006 15:35 GMT
V&S sells the brand Heering Cherry Liqueur
V&S has sold the brand Heering Cherry Liqueur to the Swedish company Danish Liqueur AB. The brand has been part of the V&S brand portfolio since 1999 when De Danske Spritfabrikker was acquired.
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August 18, 2006 08:23 GMT
Strong half-year results for V&S Group
V&S Group’s operating profit improved by 32 per cent to SEK 1,085 million in the first half-year compared with 2005. Group net sales increased by 13 per cent to SEK 4,995 million.
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June 7, 2006 14:00 GMT
V&S to explore possible sale of Florida Distillers
V&S Group has decided to explore strategic alternatives including a possible sale for Florida Distillers, a division within Cruzan International, Inc., which was acquired by V&S in March 2006.
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April 28, 2006 10:57 GMT
Strong first quarter for V&S Group
V&S Group’s operating profit improved by 31 per cent to SEK 417 million in the first quarter of 2006. Group net sales rose 16 per cent to SEK 2,320 million.
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March 23, 2006 06:45 GMT
V&S acquisition of Cruzan Rum completed
V&S Group, owner and producer of ABSOLUT VODKA, has acquired the remaining shares of Cruzan International, which produces the Cruzan Rum brand. Cruzan International has become part of V&S Group and has delisted its common stock from The Ameri...
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January 31, 2006 12:00 GMT
V&S’s international success brings all-time high
Operating profit best ever – an increase of 27 per cent
Improved profit for all business areas
ABSOLUT VODKA volume up 9 per cent
Operating profit for V&S Group (Vin & Sprit) improved dramatically in 2005 to an all-time ...
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December 19, 2005 14:00 GMT
Anders Carlson new head of V&S Wine
Anders Carlson has been appointed the new President for the V&S Wine business area within V&S Group.
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September 30, 2005 12:56 GMT
V&S completes acquisition of majority stake in Cruzan
Rum
V&S Group, the Swedish-based international spirits and wine company, has completed its acquisition of the majority stake in Cruzan International, Inc. V&S thus holds 63.6 per cent of the company’s shares.
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June 3, 2005 14:00 GMT
V&S acquires majority stake in Cruzan Rum
V&S Group, the Swedish based international wine and spirits company, has today announced the acquisition of the majority of shares in Cruzan International Inc.
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April 12, 2005 11:00 GMT
V&S Group selling Pražská Vodka to Bohemia Sekt
V&S Group is to sell the Pražská Vodka, Nordic Ice and Silver Ice brands of spirits to Bohemia Sekt, Českomoravská vinařská a.s. with effect from June 1st 2005.
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January 10, 2005 08:00 GMT
V&S Danmark transfers production from Dalby to Aalborg
V&S Danmark (formerly De Danske Spritfabrikker) has decided to carry out restructuring, which will affect the production units in Dalby and Aalborg. As a result of the changes, production in Dalby will close down and be moved to Aalborg.
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