HARARE, November 8 (The Source) – Delta Corporation on Wednesday reported a 4 percent increase in after tax profit to $32,3 million for the six months to September, from $30,98 million in the comparable period last year on improved finance and income from associates.
HARARE, October 13 (The Source) – Listed beverages manufacturer Delta Corporation, (Delta), says it is set to acquire a controlling stake in Lusaka Stock Exchange-listed sorghum beer company, National Breweries Plc (NatBrew), from its parent firm, Anheuser-Busch InBev SA/NV (AB InBev).Company secretary Alex Makamure said… Read More
HARARE, July 28 (The Source) – Beverage maker Delta Corporation says it will rebrand its iconic Scud sorghum beer before year end as part of group’s cost cutting measures to improve revenue growth.
VICTORIA FALLS, July 25, (The Source) – Beverage giant Delta Corporation says it is closing its Victoria Falls distribution depot as the company moves to rationalise its operations. The company currently operates 23 distribution depots across the country. Corporate Affairs Director Alex Makamure told The… Read More
HARARE, July 20 (The Source) – Beverage giant Delta Corporation on Thursday reported a two percent increase in revenue for the first quarter to June 30 relative to the comparable period last year driven by volume growth in most segments.
HARARE, May 10 (The Source) – Delta Corporation on Wednesday reported a 10 percent fall in revenue to $483 million in the full year to March 31, compared to $538 million in the previous year as demand remained depressed in the face of falling incomes.… Read More
HARARE, April 13 (The Source) – Beverage giant Delta Corporation on Thursday reported a 15 percent drop in revenue for the fourth quarter to March 31 compared to the previous quarter as demand continues to fall. The company said it will release its full-year financial… Read More
HARARE, March 21 (The Source) – Delta Corporation has endured falling revenue since 2014, but a combination of a deteriorating economy and an acute dollar shortage have left the company facing another earnings drop, according to a leading investment firm. The beverage maker, which accounts… Read More
By Simbarashe Zishiri, HARARE, November 11 (The Source) – Beverage giant, Delta Corporation is likely to sell-off its sparkling beverages business, which bottles popular Coca-Cola brands, analysts say. Delta stands to lose a third of its business if The Coca-Cola Company (TCCC) follows through on… Read More
HARARE, November 9 (The Source) – Beverage manufacturer Delta Corporation on Wednesday reported revenue of $246,6 million, eight percent down on the prior year as most of its segments recorded lower volumes on the back of depressed consumer spending. Lager beer volume was down 11… Read More
HARARE, October 29 (The Source) – The Zimbabwe Stock Exchange this week held steady despite its biggest counter, Delta Corporation trading in the negative over the possible loss of the Coca-Cola bottling business. Delta is reeling from The Coca-Cola Company (TCCC)’s to terminate their Bottlers’… Read More
HARARE, October 28 (The Source) – Delta is faced with three choices following a decision by the Coca-Cola Company (TCCC) to terminate the Bottlers’ Agreements with Delta Beverages and its associate Schweppes Holdings Africa, analysts say. On October 10 2016, TCCC said it planned to… Read More
HARARE, October 24 (The Source) – Schweppes Zimbabwe Limited , a manufacturer and distributor of non-carbonated, still beverages under licence from The Coca-Cola Company faces a dire future if TCCC follows through on intentions to terminate their bottlers agreement. The company is 49 percent owned… Read More
By Simbarashe Zishiri, HARARE, October 24 (The Source) – The decision by the Coca-Cola Company (TCCC) to terminate the Bottlers’ Agreements with Delta Beverages and its associate Schweppes Holdings Africa Limited will hit Zimbabwe’s largest listed firm hard, as it stands to lose nearly a… Read More
HARARE, October 17 (The Source) – Delta Corporation on Monday reported an eight percent decline in half-year revenue on weak volumes and depressed consumer demand. Larger beer volumes were down 7 percent compared to prior year for the quarter and 11 percent down for the… Read More