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. ...
SABMiller Plans Biggest Bond Sale in U.S. in Two Years After Foster’s Deal
The company sold $1 billion of three-year notes, $2 billion of five-year notes, $2.5 billion of 10-year notes and $1.5 billion of 30-year bonds, according to data compiled by Bloomberg. London-based SABMiller last tapped the U.S. bond market in July 2008, when it issued $1.25 billion of bonds. At least $12.4 billion of corporate debt was sold or set to be offered today in dollars, the data show.
SABMiller’s purchase of the Australian Foster’s, valued at A$12.4 billion ($12.8 billion) and completed last month, is the biggest takeover of a brewer since InBev NV purchased Anheuser- Busch Cos. for $52 billion in 2008 to create No. 1 brewer Anheuser-Busch InBev NV. SABMiller had to sell bonds to refinance an $8 billion bridge loan used for the acquisition, CreditSights Inc. said in a Dec. 19 report. The purchase included $1.93 billion of net debt, Bloomberg data show.
SABMiller’s 1.85 percent, three-year notes yield 150 basis points more than similar-maturity Treasuries, the 2.45 percent, five-year debt paid a spread of 165 basis points, the 3.75 percent, 10-year notes yield 185 basis points more than similar- maturity Treasuries and the 4.95 percent, 30-year bonds pay 200 basis points more than benchmarks, Bloomberg data show. The 1.85 percent coupon was the lowest on record for the company, the data show.
SABMiller sold $700 million of 6.5 percent, 10-year notes in its July 2008 sale at a 270 basis point spread, Bloomberg data show, showing that borrowing costs for the company have tumbled since then.
Macy’s Inc. (M), the Cincinnati-based department-store chain, also marketed bonds today for the first time since 2008 after regaining an investment-grade credit rating from Moody’s Investors Service yesterday, said a person with knowledge of the transaction.
The company sold $550 million of 10-year bonds at a spread of 200 basis points more than Treasuries and $250 million of 30- year debt with a 212.5-basis-point spread, said the person, who declined to be identified because the terms haven’t been published.
Moody’s stripped Macy’s of its investment-grade credit ranking in April 2009, citing a slowdown in consumer spending and a “sizeable” debt load.
The ratings company raised Macy’s to Baa3 from Ba1 yesterday, saying the chain’s “solid operating performance is sustainable, as is our expectation for higher earnings going forward,” according to a note from analysts Margaret Taylor and Kendra Smith.
SABMiller’s sale is the largest since Feb. 4, 2010, when Kraft Foods Inc. sold $9.5 billion of debt and Warren Buffett’s Berkshire Hathaway Inc. issued $8 billion of bonds, data compiled by Bloomberg show.
Valspar Corp. (VAL), the producer of industrial paint, and the Hong Kong-based conglomerate Hutchison Whampoa Ltd. (13) also marketed debt today as yields on investment-grade corporate debt fell to 3.85 percent today, the lowest since Nov. 17, according to Bank of America Merrill Lynch index data.
Corporate bond sales in the U.S. climbed to $7.45 billion yesterday following $30.9 billion of issuance last week, Bloomberg data show.
13 Янв. 2012