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....
India. United Breweries Q1 net rises 20% on higher sales and lower costs
United Breweries Ltd on Saturday said its net profit for the June quarter rose 20.4% from a year ago due to higher sales and lower costs.
Net profit for the quarter rose to Rs.147.06 crore against Rs.122.14 crore a year ago.
Net sales rose 8.6% to Rs.1,485.67 crore from Rs.1,368.03 crore during the same period last year.
The company made double-digit growth in eastern and southern markets at 18% and 13%, respectively, while northern and western parts were marginally under pressure, the company said. The volume growth for the quarter was at 6%.
“Growth in the east was realized in West Bengal, Odisha and Jharkhand, while in Bihar it made nil sales due to ban on liquor. In the south, volume growth was driven by sales in Andhra Pradesh, Telangana and Kerala, while in north it made modest growth in Delhi, Haryana and Uttar Pradesh”, the company said in a notice to the BSE.
For the quarter, gross margin grew by 7%, while earnings before interest, tax, depreciation and amortization (EBITDA) grew by 15%, it added.
On Friday, United Breweries Ltd ended at Rs.789.05 on the BSE, down 4.1% from the previous close, while the benchmark index Sensex rose 1.05% to close at 28152.40 points.
15 Aug. 2016