Molson Coors Results

Molson Coors has seen its bottom line benefit from easy comparatives in the year-to-date, but sales remain under pressure. A 65% jump in net profits for the first 9m of 2016 was the result of a US$ 293.5m impairment charge hitting the bottom line in Q3 a year ago. Underlying net profits to the end of September 2016 came in 5.5% down, with sales slipping similarly, by 5%. In the 3m to the end of September, net profits came in at $202.5m, with sales decreasing by 7%.