Molson Coors Reports 2017 Third Quarter and Year-to-Date Results

Molson Coors Reports 2017 Third Quarter and Year-to-Date Results

DENVER, Colo., and MONTREAL, Quebec – November 1, 2017 – Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) today reported results for the 2017 third quarter. Molson Coors president and chief executive officer Mark Hunter said:

"In reviewing our performance in the quarter, as well as year to date, we are building traction against our strategic priorities, as indicated by delivering growth in global brand volume, net sales per hectoliter and underlying EBITDA margin. Despite challenging market conditions in North America, we remain on track to deliver our 2017 business and financial plans and exceed our original cost savings targets and cash flow goals, as well as maintain our investment-grade debt ratings.

 

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MOLSON COORS AND HORNELL BREWING CO., INC., AN AFFILIATE OF ARIZONA BEVERAGES, SIGN LICENSING AGREEMENT FOR NEW ARNOLD PALMER SPIKED HALF & HALF
Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) and Hornell Brewing Co., Inc., affiliate of AriZona Beverages, announced today that they have entered into a partnership agreement whereby Molson Coors will market and distribute a new Flavored Malt Beverage (FMB) brand - Arnold Palmer Spiked Half & Half – in the United States through its US division, MillerCoors. The brand will be introduced later this year in select markets followed by a full national launch in early 2018.

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