Global beverage manufacturer Molson Coors experienced a 4.2 per cent decline in net sales to around £8.24bn in its full-year results.

The net sales in the fourth quarter fell by 2.7 per cent to around £1.98bn, due to lower financial volume and partially offset by a favourable price and sales mix.

Tracey Joubert, CFO of Molson Coors, said: “We are proud of our resilience and the financial discipline we delivered amidst a tough 2025 macro environment, with challenging industry dynamics and rising commodity input costs pressuring our bottom-line results.

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“While we expect our top-line trends to improve in 2026, we expect commodity inflation in particular to be a meaningful headwind in 2026, which we do not believe is reflective of longer-term performance. Our balance sheet remains strong, with our net debt to underlying EBITDA ratio below our target of 2.5 times.”

The company’s underlying pre-tax income decreased by 13.8 per cent to around £216m during the fourth quarter.

The business forecasted full-year 2026 net sales of between -1 per cent and 1 per cent, while underlying income before taxes is expected to decline in the range of between 15 per cent and 18 per cent.