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. ...
“Catalogue of Russian Beer Producers 2018” includes 1070 businesses ranging from large subsidiaries of international companies to rather small restaurant and craft microbreweries.The catalogue includes 32 large breweries, 75 regional breweries, 693 industrial mini- and microbreweries as well as 270 restaurant breweries. ...
Heineken sees 2011 cost pressure after strong Q1
Heineken, whose chief brands are Heineken itself and Amstel, Europe's number one and three beers by sales, reported consolidated volumes on Wednesday that were higher than expectations and the first annual increase since the end of 2008.
Growth was strongest in Africa and the Middle East despite unrest in Egypt, but beer sales also rose in the mature and flat western Europe market, due to more drinking in Britain, France and the Netherlands.
Beer consumption also rebounded in Russia from a year ago, when a tripling of excise duty on beer struck.
The Dutch brewer repeated its forecast of a low single-digit increase in input costs per hectolitre.
It also said that higher planned marketing spending this year was likely to impact profits, notably in Europe, still the dominant part of Heineken's business. Almost half of the Dutch brewer's revenue last year came from western Europe.
The growth of volumes and drive to reduce costs resulted in a like-for-like rise of operating profit before one-offs of more than 20 percent in the first quarter.
Chief Financial Officer Rene Hooft Graafland told a news conference that this growth in the first quarter, a less significant period for the group, was not an indication of Heineken's full-year performance.
Heineken's shares were down 1.0 percent at 39.78 euros at 0913 GMT, while the STOXX European food and beverage index .SX3PO was 0.2 percent stronger.
Brokers generally welcomed the trading update and said the weakness of Heineken's shares was likely a reaction to their outperformance in recent weeks -- an 11 percent rise compared with a 7 percent increase of the Stoxx sector index in the past month. "These are a good set of numbers. You can't get away from that," said Trevor Stirling of Bernstein Research. "But the shares have really run up in the past weeks. I think expectations were high among some investors."
JP Morgan Cazenove, which has a 'neutral' rating on the stock said in a morning note it recommended investors take profits, with tougher volume comparisons and higher marketing costs in Europe later in the year.
Consolidated volume rose by a like-for-like 5.5 percent to 33.8 million hectolitres, more than the 32.8 million on average expected in a Reuters poll of 12 brokers.
First-quarter revenue was 3.6 percent higher at 3.59 billion euros, against the average market expectation of 3.57 billion euros.
Rival SABMiller (SAB.L) on Tuesday beat forecasts with a 3 percent rise of beer volumes in the first three months of 2011, led by emerging markets in Africa and Asia. [ID:nLDE73E0W7] (Editing by Mike Nesbit)
21 Апр. 2011