The trend of complication of Russian beer market is going on and in several directions at the same time. The range has got wider, the import and small segments are growing, namely craft beer, alcohol-free beer and special flavor beer. At the same time, all ex-mega brands and light lagers by Russian brewers are experiencing a decline of their shares. AB InBev Efes, Heineken, MBC and Pivzavod Trekhsosenskiy have exceeded the market, Carlsberg was developing slower than the market and Ochakovo as well as some other mid-sized breweries have been cutting down their volumes. To a big extent brewers’ performance was connected to their ability to reach agreement with networks, sacrifice their margin and enter new markets. Craft brewers are facing a serious danger of producers’ registration introduction – de facto licensing. ...
The global outlooks of the legal market of cannabis are excellent. It is possible to simultaneously imagine dry law repeal and craft brewing boom but not in one but in several consumer categories. For alcohol is contained in liquids and cannabis derivatives can be in three physical forms.The value of legal market of cannabis and its products can reach 10% of the world beer market in five years, and in 2030-2040 even reach the same scope provided the current rates of legalization and development of market infrastructure remain at the same level. Cannabinoids are actively integrating into the food industry from chewing gum to beverages deforming the pharmaceutical and alcohol markets, they influence the trends of healthy lifestyle and beauty. ...
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. ...
Krones reports rising sales and profit in H1 2011
During the first half of 2011, sales rose by 16.8% in comparison to the preceding year’s figure to reach 1,257.5 million euros. In the year’s second quarter, the company’s growth accelerated: at 650.8 million euros, sales from April to June 2011 were 19.9% up on the preceding year’s equivalent period. Order bookings rose by 19.8% in the year’s first half to reach 1,323.4 million euros.
Krones’ profitability showed a substantial improvement in the year’ first half. Earnings before taxes (EBT) rose from 32.0 million euros in the preceding year to 69.2 million euros. The EBT margin, meaning pretax earnings in relation to sales, was thus 5.5% (preceding year: 3.0 %). After taxes, Krones earned 49.2 million euros (preceding year: 22.1 million euros) in the first half of the ongoing business year. This corresponds to earnings per share of 1.62 euros (preceding year: 0.73 euros).
Krones still performing to plan
The global economy is on course for growth. Nonetheless, a feeling of uncertainty remains. The global debt problem, above all, is a major hazard for the business cycle. From today’s perspective, however, Krones is confident that the situational conditions will remain favourable overall during the second half of 2011.
Krones anticipates that in comparison to 2010 sales will grow by significantly more than 10%, and appreciably exceed the previous record high of around 2,381 million euros from 2008. For order bookings, too, the company expects a new record high, laying solid foundations for further growth. In addition, the Executive Board is very confident that Krones will significantly improve its earnings, and achieve a pretax return on sales of more than 5% (preceding year: 3.3%). From today’s perspective, Krones anticipates that the pretax earnings achieved in January to June will be exceeded in the year’s second half.
28 Июл. 2011