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.
Philippines. Business units boost San Miguel core profit to P31.1B at end-Sept.
Including extraordinary items, SMC’s reported net income surged by 125 percent year-on-year to P43 billion for the nine-month period.
Earlier this year, SMC sold its telecommunication assets to PLDT Inc. and Globe Telecom, giving up an earlier bid to compete in this business.
In a press statement on Friday, SMC reported that operating income reached P73.2 billion, 24 percent higher year-on-year as core beverage, food and packaging businesses all maintained growth momentum.
Group-wide sales eased by 1 percent year-on-year to P498.3 billion.
Beer unit San Miguel Brewery grew its net profit by 22 percent to P12.2 billion on the back of an 18-percent growth in net sales to P69.3 billion. Hard liquor unit Ginebra San Miguel also jacked up its net profit to P238 million from a meager P9 million a year ago.
Food unit San Miguel Pure Foods Co. Inc. grew its net profit by 29 percent to P3.75 billion while net sales rose by 5 percent to P80.58 billion.
SMC Global Power Holdings Corp. grew its net profit by 320 percent to P5.74 billion while Petron Corp. posted a 47 percent increase in net profit to P7.43 billion.
SMC also announced a plan to raise as much as P60 billion from an offering of new bonds under the shelf registration facility. It aims to initially offer P20 billion worth of bonds.
11 Nov. 2016