News Articles for John Hoedemaker

Good Drinks Australia has flagged its intent to voluntarily delist from the Australian Securities Exchange, subject to shareholder approval at next month’s annual general meeting.

ASX-listed Good Drinks Australia continues to expand its portfolio, announcing a partnership with Swedish Rekorderlig Cider to exclusively distribute the company's products in Australia.

Good Drinks Australia says it remains focused on increasing volume, revenue and market share growth for the remainder of the 2024 financial year, following a productive March quarter.

WA breweries have continued to grow and innovate during the past 12 months despite rising costs.

Good Drinks Australia has reported record revenue of $107 million in the 2023 financial year, doubling its presence in the Australian beer market.

The owners of Gage Roads Freo and Victorian craft beer brand Stomping Ground have both pointed to weaker trading conditions in deciding to abandon a deal struck less than six months ago.

Craft beer players know the value of local appeal.

Western Australia's largest brewer has expanded its presence in Victoria and doubled the number of venues it owns with the purchase of Stomping Ground in a deal valued at around $10 million.

Good Drinks Australia expects the new deal to increase its revenue by more than 50 per cent.

Good Drinks Australia has signed a deal to distribute Magners Irish Cider, after the drink brand's previous supplier Coca-Cola Europacific Partners left the alcohol business.

Breweries founded over the past decade are starting to mature while the young distilling industry continues to expand.

The state's craft beer industry is going from strength to strength, but some of the oldest brewers still dominate the scene.

Good Drinks' half-year results show revenue increased by 42 per cent to $27.4 million, due to the expansion of the group's sales and marketing teams.

Gage Roads Brewing Company recorded a $2.1 million loss, which it attributed to a sales shortfall in the first half of the financial year and disruption due to COVID-19.

Gage Roads Brewing Company is raising $5.2 million through an institutional placement, with the funds being used to strengthen its balance sheet and position the company for growth.

Shares in Gage Roads Brewing Company are up after the company reported a strong sales recovery in May and June, due to COVID-19 restrictions easing more quickly than expected.

Gage Roads Brewing Company has increased its weekly production of packaged products by 80 per cent to meet a recent surge in demand but has cut production of draught beer and withdrawn its earnings guidance because of the uncertain outlook.

Gage Roads Brewing Co has taken a half-year profit hit after sales of its Good Drinks brands at national chains dipped by 25 per cent, but the Palmyra-based brewer says the sales shortfall is a temporary issue.

Gage Roads Brewing Company shares have lost a bit of fizz with the WA company's stock plunging to a more than two-year low after it flagged a shortfall in sales was likely contribute to a full-year guidance miss.

Gage Roads Brewing Company has raised $8 million via a share placement, with the funds raised to go towards its new canned beer product strategy.

Perth-based Gage Roads Brewing Company is setting up shop in Sydney after securing a site for its first microbrewery and taproom in the inner-city suburb of Redfern.

Gage Roads Brewing's Single Fin Summer Ale has propelled the Palmyra-based brewer to a quarter of solid growth, after the brew was named the nation's fastest-growing beer brand late last year.

Gage Roads Brewing Company has won a five-year beer and cider supply contract with nib Stadium, adding to a similar deal with Optus Stadium.

Gage Roads Brewing Company has struck a deal to purchase Matso's Broome Brewery for $16.1 million, along with a $12 million capital raising to fund the acquisition.

Shares in Gage Roads Brewing Company have jumped today after the company posted impressive quarterly results, driven by strong sales at Optus Stadium.

Gage Roads Brewing Company has reported solid results for the 2017 financial year, on the back of higher demand for its craft beer range.

Gage Roads Brewing Company will take to the Fringe World Festival stage in 2017 as the Perth event's new major brewery partner.

Gage Roads Brewing Company has executed a key plank of its five-year 'returning to craft' strategy, signing a pair of new agreements to get its beer into 17,000 pubs, bottleshops, restaurants and h

SPECIAL REPORT: Western Australian breweries' continued success is building on a rich brewing pedigree.

Gage Roads Brewing Company will tap the market for $10.1 million to buy back Woolworths' stake in the Palmyra-based brewer, capping off a busy 12 months where it created Australia's best beer while also returning to profitability.

A Western Australian brewery has produced the top beer in the country for the second time in three years, with Gage Roads Brewing Company taking home the top prize at the Australian International Beer Awards overnight.

Palmyra's Gage Roads Brewing Company will wind back the amount of beer it makes for Woolworths' beverages arm, Pinnacle Liquor Group, to capitalise on its fast-growing range of own-branded craft be

Gage Roads Brewing Company says it is looking to rebound from a disappointing first half of FY2015, in which its net profit fell by 71 per cent, by capitalising on its partnership with national ret

Craft brewers are maintaining WA's reputation as the premier beer-making state in Australia, but the challenges they face are as diverse as the breweries themselves.

Gage Roads Brewing Company has forecast a further $1 million hit to its sales and a $600,000 impairment charge, stemming from processing issues it encountered in April this year.

THE founders of Gage Roads Brewing Co expect to produce their first batch of beer by September this year following the recent completion of a $2.5 million capital raising.