Monthly Archives: April 2011

Asahi Breweries 1Q Group Net Profit Y3.64 Billion Vs Y4.00 Million

Asahi Breweries Ltd. (2502.TO) said Thursday its net profit surged during the fiscal first quarter ended March 31, as lower advertising outlays canceled out a special loss caused by the March 11 earthquake and tsunami.

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Russia. Baltika Breweries Announces Share Buyback

The buyback will be carried out in accordance with the procedure of buying back shares, as stipulated by the Board of Directors. All shareholders (owners of ordinary and preference shares) can participate in the procedure, regardless of the number of … Continue reading

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China. Tsingtao Brewery first quarter profit up 40 pct

China’s Tsingtao Brewery posted a 40 percent increase in first quarter net profit on higher sales, as its distributors stocked up ahead of increases in the prices of it beer products.

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US. IPAs Up 42% YTD

The latest four-week and year-to-date craft brewer sales scan data is out from Symphony IRI Group (SIG) today. The top two craft beer “styles,” pale ale and “seasonals,” both showed nice growth of just under 9 percent by dollars in … Continue reading

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2011/12 barley output slightly revised down to 136 million tonnes

The International Grains Council (IGC), an intergovernmental organisation concerned with grains trade, revised its global 2011/12 barley production forecast down to 136 million tonnes (previous forecast 137mln t; 2010/11 124 mln t).

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India. United Breweries Q4 puts net at Rs 40 cr

United Breweries Q4 result today reported a net profit of Rs 40.09 crore for the quarter ended March 31, 2011.

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MillerCoors names new CEO to replace Kiely

* MillerCoors CEO Leo Kiely to retire on June 1 * Chief Commercial Officer Tom Long to succeed him * SABMiller shares off 1.5 pct; Molson up 0.4 pct

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UK. Beer sales fall by 3.8% in the first quarter of 2011

Beer sales fell by 3.8% in the first quarter of 2011 compared to the same period in 2010, according to the British Beer & Pub Association.

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Beer Drinking and What It Says About China’s Economy

The average Chinese adult drank about a half a bottle of beer in 1961, less than the average resident of Iran. By 1991, consumption topped 27 bottles a year, but still lagged behind 117 other nations, according to the World … Continue reading

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Malaysia. Carlsberg to raise prices slightly

Carlsberg Brewery Malaysia Bhd is planning to slightly increase the prices of its beer products in May.

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