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.
Analysis of beer market in China
China’s transition to a “new normal” reality backfired on the brewing industry unexpectedly. Stagnation and subsequent market decline resulted from dynamic social and economic changes. There has emerged a “two speed” market where the medium class significance is growing, yet the share of main beer consumers, “blue collar” is decreasing. Also the inflow of consumers is shrinking, as demographics stopped being a growth driver. Finally, beer is giving way to other alcohol drinks....
Philippines. San Miguel Brewery Incorporated increased volumes by 3% in 2015
The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) was up 23% at P108.6 billion ($2.344 billion).
SMC also reported a 41% surge in operating income to P78.7 billion ($1.699 billion), driven mainly by the robust performance of its food, beverage, and packaging units.
San Miguel Brewery Incorporated (SMB) posted consolidated revenues of P82.4 billion ($1.779 billion), 4% higher than in 2014.
Domestic operations registered volume and revenue growths of 3% and 9%, respectively. Consolidated operating income amounted to P22.6 billion (P487.8 million), up 2.5%, while net income reached P13.5 billion ($291.4 million). The EBITDA amounted to P25.7 billion ($554.8 million).
23 Mar. 2016