Beer market of Kazakhstan acquired both traits of East European countries and South Eastern Asia taking a transitional position between them by many criteria and consumption style. Yet there is a positive trend in beer production which differs Kazakhstan from most of the neighboring countries. The market has remained consolidated in the hands of two international players because of its small size. However, it faces dynamic processes such as fast growth of draft beer sales, up and downs of regional companies and Carlsberg Group’s ultimate expansion. Excessive mainstream segment has declined over the recent years, yet, Zhigulevskoe and national brands with regional links have yielded their positions to a range of new products. In our review special attention was paid to regional analysis of the markets. In 14 regions of Kazakhstan we compared the companies’ positions, the market price segmentation and DIOT channel development. Besides we have compared the beer market of Kazakhstan to neighboring countries. ...
Beer market of Russia 2018
- General market picture
- Foreign trade setting records
- Demography as challenge to branding
- Aged consumer
- Declining of youth brands
- Nostalgia on trend
- DIOT feels at home
- 5.0 Original is the new face of import
- Positions of Market Leaders
- Carlsberg Group
- AB InBev Efes
- AB InBev
Ukrainian beer market 2018
- Better than yesterday
- Performance by value
- Positions of Ukrainian brewers
The beer market dynamics in Russia is approaching zero, yet major brewers are divided into those who developed considerably in 2017 and those who considerably reduced their volumes. For instance, company Efes has managed to substantially extend their sales due to restrained pricing policy and activity in the modern trade. Heineken has also demonstrated an excellent performance promoted by significant increase of advertisement budgets launching a non-alcohol sort of the title brand and unusual activity in the economy market segment. Carlsberg and AB InBev have been focusing on margins and lost a market share of their inexpensive brands. Serious dependence on PET package and mass enthusiasm about Zhigulevskoe have negatively impacted the most of big regional brewers, that have been for the first time pressed by the leaders in the key sales channels, especially in Volga and Central regions. In the small business there has been a noticeable slowdown in appearing of new restaurant breweries, yet the number of craft breweries has been growing rapidly. In 2018, the beer market is likely to grow a little, while the share of AB InBev Efes may decrease due to the integration. ...
Ambev Reports 2010 Fourth Quarter Results Under IFRS
OPERATING AND FINANCIAL HIGHLIGHTS
Top line performance: Net sales grew 12.0% driven by volume growth as well as price increases across our regions, with Net Revenue/hl growing 9.0% in the period. Organic volume growth of 2.7% in the period was driven by a 3.6% volume growth in Brazil, 0.5% volume growth in HILA-Ex and 2.6% volume growth in Latin America South, which was partly offset by volume contraction of -5.3% in Canada.
Cost of Goods Sold (COGS) and Selling, General & Administrative (SG&A) expenses: COGS/hl increased by 5.3% mainly due to sugar hedges as well as packaging costs, which were partly offset in the quarter by gains in aluminum and barley hedges and productivity initiatives. SG&A (excl. depreciation & amortization) was in line with last year as a result of volume growth, inflation, higher logistic costs offset by lower bonus accrual and phasing of marketing and sales expenses.
EBITDA, Operating Cash generation and Profit: Our Normalized EBITDA reached R$3,822.0 million in Q4 2010, an organic growth of +19.5%, while margin expanded 310 bps in the period to 51.3%, while for the full year our Normalized EBITDA was R$11,707.0 million with a 13.5% organic growth and a 10bps margin expansion. Cash generated from operations in Q4 was R$4,013.7 million bringing full year to R$11,556.4 million, an increase of 9.9% as compared to same 2009 period. Our full year Normalized Profit was R$7,712.2 million (+33.2%), while our Normalized Earnings per share (EPS) grew 32.3%.
Payout and Financial discipline: We paid approximately R$4 billion in dividends and Interest on Own Capital in the quarter, totaling R$5 billion in the year. On February 28th we announced an additional R$1.8 billion dividend payment to be implemented as of March 22nd.
Financial Highlights – AmBev Consolidated
CSD and NANC
Normalized EBITDA margin
Profit - AmBev holders
Normalized Profit - AmBev holders
No. of share outstanding (millions)
Note: Earnings per share calculation is based on outstanding shares (total existing shares excluding shares held in treasury).
3 Мар. 2011