Good Drinks Australia Posts 18% Q1 Volume Rise as Matso's Grows 71%

Good Drinks Australia reported an 18 per cent rise in sales volume to 7.5 million litres for the first quarter of FY27, with own brand volumes up 25 per cent to 4.6 million litres and Matso's up 71 per cent. The Western Australian brewer released the quarterly numbers alongside its FY26 result, Food & Drink Business reported.

Inside Good Drinks' FY26 Result

Good Drinks Australia is Australia's largest independent craft brewer, producing owned brands including Matso's, Gage Roads, Alby Lager and Rider and distributing international labels through national retail, hospitality and event channels.

FY26 group revenue rose six per cent to $127.2 million, EBITDA rose 16 per cent to $9.5 million and net debt fell 29 per cent to $18.1 million. Core drinks revenue rose eight per cent to $95.5 million on volume of 30.7 million litres, up nine per cent, with own brands at 17.9 million litres, up 16 per cent. Matso's grew 24 per cent and Gage Roads 11 per cent across the year.

Good Drinks Hospitality contributed revenue of $31.7 million and EBITDA of $6.1 million, up 15 per cent. Draught was the fastest growing channel in FY26, up 21 per cent to 7.0 million litres, with keg volume up 30 per cent in Queensland, 27 per cent in New South Wales, 20 per cent in Victoria and 19 per cent in Western Australia. Sales to national chains grew nine per cent to 10.6 million litres, and packaged sales to independent retailers rose three per cent to 11.4 million litres.

Managing director John Hoedemaker said, "We have maintained investment in our brands, sales and marketing capability, manufacturing efficiency and capacity to innovate and that investment is now translating into real momentum across the business." He added, "Contrary to reports, beer isn't dead, it is a category in transition."

Matso's Sunshine Coast Brewery and Network Deal

According to akta.pro company records, Matso's opened a brewery and hospitality venue at Eumundi on Queensland's Sunshine Coast in February 2024, with an on-site brewery producing about 200,000 litres a year and a planned distillery. The same records show Good Drinks signed a network and security deal with Macquarie Telecom in March 2026 covering SASE, SD-WAN and security services, aimed at operational vulnerabilities tied to seasonal demand spikes and growth-driven scaling. The company's Palmyra craft brewery in Western Australia has annual production of 17 million litres, and its portfolio spans 10 brands.

Molson Coors, Champion and Budweiser APAC Results

Wells Fargo downgraded Molson Coors to Underweight from Equal Weight on November 6, 2026, cutting its target price to $36 and lowering 2027 EPS to $3.31 from $3.95, TradingView reported. Champion Breweries posted N51.4 billion in nine-month revenue, up 140% year-on-year, Thenationonlineng reported on November 3, 2026. Budweiser Brewing Company APAC reported Q3 2026 sales of US$1,449 million and net income of US$92 million, both below the prior year, Simply Wall St reported on October 31, 2026.

Champion Breweries' Q4 Plans

Champion Breweries expects Q4 brand relaunches and a new canning line to boost growth, according to Thenationonlineng.