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3-2019

Russia: Positions of Brewing Companies

The review contains an analysis of interim performance of brewers in the first half of 2019. There are rather dynamic changes behind a modest industry growth. Baltika is again experiencing a stage of volumes and market share slid due to competition with AB InBev Efes. Because of the price competition and presence expansion in the modern trade company #2. has come close to the leading position. At the same time sales of Heineken Russia have continued growing which makes the premium part of the portfolio heavier. The market premiumization trend had been also confirmed by import brands. MBC and Zavod Trekhsosenskiy have been the most successful among federal market players. The market share of independent regional brewers and Ochakovo have continued falling as they are being squeezed out by the market leaders at their competitive fields.

Ukrainian beer market 2019: companies and brands

In 2019 beer production and market have been still fluctuating about zero point. However, the past season was successful for brewers judging by the sales profitability. The price mix has improved due to rapid general market premiumization, as well as its particular aspect, the growth of import beer sales. By the season end AB InBev Efes improved its positions considerably. It turned out that consumers had not forgot Efes brands that had to leave the market, but started to recover rapidly. Against the stagnating market that meant sales decline of other companies, in the first place Carlsberg Group that most of all beneficiated from Efes exiting the market. PPB turned out to be stable to branding activity of its competitor and Obolon kept the same volumes and at the moment it is the absolute leader of the economy segment. The share growth of independent producers took place thanks to leading craft breweries, that so far do not have a big market weight, but they are rapidly gaining it.

Brewing industry in Kazakhstan 2019

During the first half of 2019, the majority of Kazakh brewers made their contribution into positive dynamics. Yet it was companies of the lower division, not the two transnational leaders that raised their production and sales. The shares of draft beer and aluminum can which is rapidly squeezing glass bottle out of the market, have been growing. The price segmentation has remained stable despite the substantial rise of retail prices and fluctuations of brand market shares, while the borders between segments have become blurred. The main events in the industry have been: the announced revision of the beer excise policy, launch of BeerKhan brand in the strong beer segment, and most important – purchasing assets of Shymkentbeer by Arasan.

China Resources Quarterly Profit Rises on Expansion, Acquisition

China Resources Enterprise Ltd. (291), the government-backed partner of SABMiller Plc. (SAB), said third-quarter profit grew 27 percent as its retail business opened more stores and an acquisition boosted sales.

Net income rose to HK$1.14 billion ($147 million) in the three months ended September, from a restated HK$898 million a year earlier, the company said in a statement to Hong Kong’s stock exchange today. That beat the HK$749 million average of four analysts estimates compiled by Bloomberg. Sales climbed 11 percent to HK$34.2 billion.

China Resources has expanded its retail and beer business by buying rivals to tap the country’s burgeoning domestic consumption. Its venture with SABMiller sells the No. 1 beer brand in China with a 22 percent market share last year, according to Euromonitor International, a London-based researcher. Retail sales in China grew 14.2 percent in September, the most since March.

“China Resources will focus on growing scale in its retail business in the next few years,” said Vivian Liu, a Shanghai- based analyst at Sinopac Securities Asia Ltd. Even so, the money it spends on adding new stores and marketing may eat up profits, she said.

Sales at the retail business rose 19 percent to HK$21 billion during the quarter because of new store openings and contribution from the newly acquired Jiangxi Hongkelong Department Store Investment Co., the company said today.

Rising Costs
Slower economic growth in the world’s most populous country and rising labor costs because of increases in minimum wages across China impacted its retail operations, the company said.

Revenue at the beer business fell 1.3 percent to HK$9.15 billion during the quarter as rainy weather across the regions where the company has dominated market share limited sales volume in the first nine months of the year, it said.

China Resources, whose other businesses include beverages and food processing and distribution, has lost 4.3 percent in Hong Kong trading this year, compared with the 15 percent gain in the city’s benchmark Hang Seng Index. The stock fell 2.9 percent to HK$25.50 as of 1:16 p.m.

21 Ноя. 2012

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