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. ...
Thailand. Investors in Thai Big C cheer $3.5 billion stake sale, rival bid seen unlikely
Shares in Big C Supercenter hit a 13-month high of 251 baht on Monday, just below the offer price of 252.88 baht ($7.1), and jumped more than 9 percent in an otherwise muted market.
If the deal completes, Big C will hand TCC Thailand's second-largest hypermarket operator after the Thai unit of Tesco PLC (TSCO.L).
TCC, which owns the maker of Chang Beer among other assets, outbid Thailand's biggest retailer Central Group to push into a retail sector that is expanding along with the number of middle class consumers.
Central founded Big C in 1993 and sold a controlling stake to Casino in 1999, but still owns 25 percent of the shares and had been seen as a frontrunner in the sale.
One source with direct knowledge of the deal said Central, controlled by the Chirathivat family, was not expected to make a counter bid. Another source, however, cautioned that Central had yet to take a final decision on the future of its stake.
Central declined to comment on the matter.
"Looking at the agreement they signed, the deal is nearly completed. I don't think there will be any change," said Suttatip Perasub, analyst at Maybank Kim Eng Securities.
"It is major step for TCC to expand into the retail business."
TCC owns assets ranging from brewer Thai Bev (TBEV.SI) to property development firms. It agreed to buy German retailer Metro's Vietnam unit last year, but has no retail presence in Thailand.
Shares in Berli Jucker Public Co (BJC.BK), the flagship company in Charoen's consumer product business were up 15 percent on Monday.
Ending its Thai foray, Casino announced on Sunday it would sell its 58.6 percent of Big C to TCC at 252.88 baht per share, a 28 percent premium to Big C's share price when the stake sale plan was announced on Jan. 14.
UBS analyst said that offer price implied an 2016 EV/EBITDA multiple of 15 times - above the 9 times level at which Tesco (TSCO.L) sold its operations in Korea last year, but lower than the 34 times TCC paid for Metro Vietnam.
Casino is also in the process of selling its wholly owned unit Big C Vietnam, which bankers have valued at between $800 million and $1 billion. Berli Jucker has said it is keen to buy the Vietnam unit.
($1 = 35.64 Baht)
8 Фев. 2016