SABMiller plc announced annual results for fiscal year 2011. The group’s Ukrainian subsidiary showed excellent volume growth.

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On 19 May in London, SABMiller plc, one of the world’s leading brewers with operations and distribution agreements across six continents, reported its preliminary (unaudited) results for the year ended 31 March 2011. SABMiller’s Ukrainian operation, Miller Brands Ukraine demonstrated excellent volume growth, achieving the 2nd highest growth rate within SABMiller’s European division. (more…)

Ukraine. “Slavutich” is going to invest more than 400 million UAH in the company’s development

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On April 28, 2011 the general meeting of shareholders of the Public Joint-Stock Company Slavutich Brewery took place. During the meeting, the annual report was approved, it was decided to allocate profits and losses and organizational issues in the company’s activities were settled. The meeting was attended by 20 shareholders and their representatives who hold 94.33% shares of PJSC. (more…)

The Brewing Organic Beer Market

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America’s craft beer market has grown rapidly in recent years, seemingly outpaced only by its niche organic segment, thanks in part to growing consumer fears about genetically modified foods. While a few of the largest regional breweries currently enjoy widespread distribution, craft brewing remains fundamentally an industry devoted to its local followers, and the results are undeniable. (more…)

Carlsberg CEO downplays threat of Russian PET beer bottle ban

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The head of Carlsberg has downplayed a proposed ban on PET beer bottles in Russia, adding that he thinks it is not likely to become law.
Russian deputy Viktor Zvagelsky introduced a bill earlier in the year that now includes a proposal to ban sales of PET beer bottles by January 1, 2013. (more…)

Carlsberg Operating Profit Jumps 38%

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Carlsberg A/S, the world’s fourth- largest brewer, reported a 38 percent increase in first-quarter operating profit, helped by a rebound in Russia’s beer market. (more…)

Singapure: Asia Pacific Breweries’ H1 2011 profits increase

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Asia Pacific Breweries Ltd (APB) on Tuesday announced that Group profit before interest and taxation (PBIT) for the six months ended 31 March 2011 rose by S$86.1 million or 34% to S$340.9 million. Excluding translation differences, gestation loss and the impact of acquisitions and disposals, organic PBIT grew 28%. (more…)

Brewing industry thirsty for crowning deal

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The brewing industry has racked up $142bn worth of deals in the past five years, according to Bloomberg, but some analysts say the “big one” has yet to come. (more…)