Beer market of Russia 2016: PET goes to draftThe beer market of Russia was warmed up by the hot summer, but the preparation for large volume PET prohibition has already impacted it negatively. The year was successful for Efes, MBC and regional producers; Carlsberg’s positions were virtually stable but AB InBev and Heineken lost a part of market share having focused on the sales profitability. The dynamics of big brands was determined by how much the companies were willing to keep the prices down or by their promotional activity. In this context the economy segment of the beer market and sales of inexpensive draft beer were increasing. The premium segment started shrinking due to license brands migrating to the mainstream segment.
Beer market of Vietnam: “Young tiger”Vietnam is one of the few big beer markets that continue to grow steadily. The beer popularity results from its low price, street consumption culture, and social motives. The outlooks of beer market as well as the Vietnamese economy inspire optimism, though the country is heavily dependent on export of goods. The state regulation can be called liberal, but the key risk for brewers is harbored in intensive rising of excise. Within TOP-4 there are two leaders, Sabeco and Heineken that grow at the fastest rates. The first company effectively employs its capacities, the second one focuses on marketing technologies. Almost 80% of the market belongs to century-old brands, yet the middle class and the youth are shifting their interest toward international premium that is growing taking share from the mainstream.
Analysis of beer market in China (on Russian)
Beer market of Ukraine: big three losing weightIn 2016, fast increase of excises and resulting price spike stood in the way of the beer market stabilization. Most of competition (as well as mass sorts) moved to the economy segment of the market. The biggest losses were incurred by the leading three, especially Obolon, which again experienced pressure after reallocation of Efes market share. However, one should already speak of TOP-4. Group Oasis CIS (PPB) became a strong player and competitor to transnational companies. Besides the net sales of many regional medium breweries look rather good and 16-fold cost reduction wholesale trade license for craft brewers opens up a possibility of rapid growth in 2017.
Molson Coors CEO’s pay package shrinks in 2010
Peter Swinburn's total compensation was valued at $7.1 million for the fiscal year. That's down from $8.1 million the year before, according to an Associated Press analysis of a regulatory document filed this week.
Most of the decline was accounted for by shrinking stock awards, which fell 34 percent to $2.3 million.
Swinburn's base salary totaled $941,667, 8 percent higher than in 2009.
Molson Coors gave him a nearly $1.9 million performance-based cash bonus, 10 percent lower than the one he was given in 2009. His compensation also included $1.5 million worth of options awards, up 10 percent from the prior year.
He also received $384,368 in other compensation, which includes perks such as sports tickets, a car allowance and parking allowance. That's up 41 percent from the year before.
Swinburn, 58, took over as the company's CEO and president in July 2008 when then-CEO Leo Kiely left to lead operations of MillerCoors, the company's joint venture with SABMiller's U.S. unit.
Molson Coors, based in Denver, has struggled with falling beer sales for some time and increasing costs for ingredients. The company earned $707.7 million, or $3.78 per share, for its most recent fiscal year, down from $720.4 million, or $3.87 per share, in fiscal 2009. Its annual revenue rose to $4.7 billion from $4.4 billion.
The Associated Press formula calculates an executive's total compensation during the last fiscal year by adding salary, bonuses, perks, above-market interest the company pays on deferred compensation and the estimated value of stock and stock options awarded during the year. The AP formula does not count changes in the present value of pension benefits. That makes the AP total slightly different in most cases from the total reported by companies to the Securities and Exchange Commission.
The value that a company assigned to an executive's stock and option awards for 2010 was the present value of what the company expected the awards to be worth to the executive over time. Companies use one of several formulas to calculate that value. However, the number is just an estimate, and what an executive ultimately receives will depend on the performance of the company's stock in the years after the awards are granted. Most stock compensation programs require an executive to wait a specified amount of time to receive shares or exercise options.
18 Apr. 2011