SABMiller’s Zimbabwe unit H1 earnings up 46 pct
* Revenues up 41 pct to $255 mln
* Total beverage sales up 23 percent (more…)
PET is Safe. Proved
On October, 28, at «The Strategy of Brewing Industry Development in Modern Conditions» international conference in Moscow Sun InBev company presented the first results of research proving that the use of PET bottles in brewing production is safe for consumers. (more…)
Asia Pacific Breweries: PBIT for FY2011 Crosses S$600 million
•ANP increased 30% to S$ 341.7 million
•PBIT rose 23% to S$613.9 million
•Group Revenue advanced 18% to almost S$3 billion (more…)
US. Boston Beer 3Q profit rises on higher revenue
Boston Beer Co., which brews Samuel Adams beer, said Tuesday that its profit grew in the third quarter as shipments increased. (more…)
US. Miller Genuine Draft goes for packaging makeover
MillerCoors, a joint venture of SABMiller and Molson Coors Brewing Company, will unveil a new primary and secondary packaging for Miller Genuine Draft, which will appear at retail in the weeks to come. (more…)
New Belgian craft beer lands in UK market
SABMiller subsidiary Miller Brands has signed a distribution deal with Van Steenberge Brewery and Sint Stefanus Monastery of Belgium, to launch a new craft beer, St Stefanus Belgian abbey beer, in the UK. (more…)
SABMiller and InBev: The dance of the elephants
Rumours have been circulating for over a year now that Anheuser-Busch InBev (ABI), the world’s largest brewer would like to acquire SABMiller, the second largest global brewer. If such a deal were ever to be consummated, it would create one of the world’s largest consumer companies, ranking in size with Procter & Gamble and Unilever. However, we believe that such a deal is far off in the distance, if at all, for a variety of reasons which will be explained in greater detail in this note. (more…)
SABMiller – Out to get ’em
Hot on the heels of its successful bid for Australian brewer Fosters, SABMiller has clinched a deal with Turkey’s largest brewer, Anadolu Efes (Efes), earning it a standing ovation from analysts.
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MillerCoors Reports Challenging Third Quarter
SABMiller plc (SAB.L) and Molson Coors Brewing Company (NYSE: TAP; TSX) reported that MillerCoors third quarter underlying net income, excluding special items, decreased 14.1 percent to $286.9 million versus the third quarter 2010, driven by a weak economy, low consumer spending and commodity inflation. (more…)
Premium Chinese beer a bitter brew for foreign brands
Chinese brewers are making an aggressive push into premium beer, lured by high margins and huge growth potential, posing a tough challenge to the foreign companies that dominate the category in the world’s largest beer market. (more…)