SABMiller plc : MillerCoors Delivers Profit Growth In Third Quarter

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SABMiller plc (LN:SAB; OTC:SABMRY) and Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) reported that MillerCoors third quarter underlying net income increased 13.5 percent to $325.6 million versus prior year driven by positive pricing, favorable brand mix and continued strong cost management. Coors Light continued to grow volume and market share, and Tenth and Blake Beer Company continued to grow ahead of the overall craft segment. (more…)

Carlsberg could raise stake in Hanoi Beer to 30%

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— Carlsberg could raise its stake to Hanoi Beer Alcohol & Beverage Joint Stock Corp. to 30%

— State-controlled Habeco says Danish brewer to acquire 13% stake

— Carlsberg to pay 50,015 dong per share (more…)

Craft Brew Alliance Reports Third Quarter 2012 Results

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Craft Brew Alliance, Inc. (“CBA”) (Nasdaq: BREW), an independent craft brewing company, reported net sales of $127.4 million and net income of $2.2 million for the nine months ended September 30, 2012, as compared with net sales of $114.3 million and net income of $9.4 million a year ago, which included an after-tax gain of $6.5 million from the sale of our minority interest in Fulton Street Brewery, LLC (“FSB”). Earnings per share (“EPS”) on a fully diluted basis for the year-to-date period were $0.12 as compared with $0.50 for the same period last year, which included $0.34 from the FSB sale. (more…)