• Advertise
  • Contact Us
  • Supplier Directory
  • SCB YouTube
  • About Us
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Parcel & Express
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Robotics
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Customer Relationship Management
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • Green Energy
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • Sourcing/Procurement/SRM
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Management & Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Warehouse Automation
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • WHITEPAPERS
  • VIDEOS
Home » Inventory Planning/ Optimization » Too Hot or Too Wet, Europe’s Consumer Giants See Weather Hit

Too Hot or Too Wet, Europe’s Consumer Giants See Weather Hit

Too Hot or Too Wet, Europe’s Consumer Giants See Weather Hit
July 25, 2019
Bloomberg

Just as a second summer heat wave grips Europe, companies across the region are lining up to blame soggy weather earlier in the year for hitting their performance.

Unilever said Thursday that a wet spring in Europe and North America crimped demand for ice cream brands like Ben & Jerry’s and Magnum. Danone said rains held back bottled-water sales, while Anheuser-Busch InBev NV said poor weather reduced Americans’ thirst for beer despite a strong performance elsewhere.

The consumer-goods giants’ reports came as Europe braced for a scorcher, with the U.K.’s Met Office saying temperatures could set records Thursday across southern England while Meteo France forecast highs exceeding 40 degrees Celsius (104 degrees Fahrenheit) for Paris.

“It has not escaped me, the irony of speaking to you about poor weather in Europe on the hottest day on record in the U.K.,” Unilever Chief Executive Officer Alan Jope said on a call with analysts.

It’s the second major heatwave of the summer in Europe, following an earlier bout in late June that was also accompanied by a round of downbeat reports from companies lamenting the earlier rains. This month, U.K. apparel chain Superdry Plc, known for its outerwear, blamed unseasonably warm weather for flat sales.

Just as the heat wave is expected to ease later this week, the latest weather citations in financial updates may have a limited effect on results.

Solid Results

AB InBev, for example, reported robust overall results, with earnings rising more than analysts expected in the second quarter as volume gained the most in more than five years. The stock advanced as much as 4.7 percent in Brussels.

At Unilever, sales growth was slightly below analysts’ expectations, though higher prices in the company’s home-care division that sells Omo detergents compensated for some of the weakness in ice cream sales. Its shares fell as much as 1.7 percent in London.

Danone’s weakness in bottled water was offset by a rebound in baby-food sales in the key market of China, and second-quarter revenue growth topped analysts’ estimates. Its shares gained as much as 1.1 percent in Paris.

While Europe has seen a radical shift from the dreary weather that held back sales of some consumer treats earlier in the year, anyone expecting a big rebound may be disappointed as hot, dry summers become the norm.

Danone Chief Financial Officer Cecile Cabanis said water sales will be weighted toward the end of the year. “The third quarter was exceptional last year, so even if we have good weather, last year it was the same,” she said on a call.

    RELATED CONTENT

    RELATED VIDEOS

    Inventory Planning/ Optimization Supply Chain Finance & Revenue Management Apparel Consumer Packaged Goods Food & Beverage Retail
    KEYWORDS consumer packaged goods
    • Related Articles

      EU Scrutinizes Internet Giants to See if They Hinder E-commerce

      Consumer Products Companies Can Be Multichannel, Too

      U.K. Firms Slam No-Deal Brexit Levies as Too Risky, Too Late

    • Related Directories

      Tecsys, Inc.

    Bloomberg

    Thailand Eyes Expanding its Largest Port to Meet Trade Boom

    More from this author

    Subscribe to our Daily Newsletter!

    Timely, incisive articles delivered directly to your inbox.

    Featured Product

    Popular Stories

    • 001_v1-(540p).jpg

      Watch: Closing the Skills Gap in Supply Chain Talent

      Education & Professional Development
    • GIST-webinar-Lyngsoe.png

      The Connected Factory: Building Real-Time Visibility

    • MULTIPLE CHAOTIC CHARTS ARE SUPERIMPOSED ON AN AERIAL SHOT OF A BUSY INTERNATIONAL PORT

      The Quest for Supply Chain Resilience Remains Challenging

      Supply Chain Visibility
    • An antique Pinball Machine with Ball in motion

      Why Brands Need To Rethink Their Returns Strategy Before Peak Season

      Air Cargo
    • A GROCERY SHOPPER LOOKS AT HER IPHONE WHILE WALKING DOWN AN AISLE

      The Trouble with Surveillance Pricing

      Technology

    Digital Edition

    Scb q4 2026 cover portrait

    Supply Chain Innovation Award NOV 2026

    VIEW THE LATEST ISSUE

    Case Studies

    • Recycled Tagging Fasteners: Small Changes Make a Big Impact

    • A GRAPHIC SHOWING MULTIPLE FORMS OF SHIPPING, WITH A HUMAN STANDING AT THE CENTER, TOUCHING A SYMBOLIC MAP OF THE WORLD

      Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

    • A GRAPHIC OF INTERLACING HONEYCOMBED ELEMENTS REPRESENTING GLOBAL BUSINESS TRANSACTIONS

      Moving Robots Site-to-Site

    • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

    • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

    Visit Our Sponsors

    4flow Amazon Freight Anaplan
    Arkieva AutoStore Blue Yonder
    Canadian National Railway Company Carton Cloud CoEnterprise
    Dassault Descartes Dexory
    Duravant E2Open EPG
    General Logistics Systems GEP Hy-Tek
    iGPS Knapp Korber
    Lyngsoe Odyssey Logistics OMP
    PeakAI Procurability Quinyx
    SAP Sikick Staples
    S&P Global Mobility Systech TADA
    Tive TransImpact US Bank
    Werner WSI
    • More From SCB
      • Featured Content
      • Video Library
      • Think Tank Blog
      • SupplyChainBrain Podcast
      • Whitepapers
      • On-Demand Webinars
      • Upcoming Webinars
    • Digital Offerings
      • Digital Issue
      • Subscribe
      • Manage Email Preferences
      • Newsletters
    • Resources
      • Events Calendar
      • 2026 Event Coverage
      • SCB's Great Supply Chain Partners
      • Supplier Directory
      • Case Study Showcase
      • Supply Chain Innovation Awards
      • 100 Great Partners Form
    • SCB Corporate
      • Advertise on SCB.COM
      • About Us
      • Privacy Policy
      • Contact Us
      • Data Sharing Opt-Out

    All content copyright ©2026 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

    Design, CMS, Hosting & Web Development :: ePublishing