Global brewers: too much froth

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Order a beer in Amsterdam and it is served with a big foamy head, something that can make drinkers feel they are the victim of the publican’s cost saving programme. Investors in Dutch brewer Heineken may feel the same way. (more…)

MillerCoors sees domestic sales decline

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MillerCoors’ U.S. domestic sales to retailers declined 2.6 percent for the fiscal year ending March 31, with a 1.4 percent drop in the fourth quarter (more…)

Ethiopia: Agency’s Revised Plan May Thwart Heineken’s Market Entry

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The aspiration of Heineken NV to expand into the Ethiopian market rests with the board of directors of the Privatisation and Public Enterprises Supervising Agency (PPESA) that is to decide whether to follow through with the agency’s amended plan to retain six enterprises under government ownership. (more…)

SABMiller plc Trading Update

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SABMiller plc today issues the following update on trading for the 12 months to 31 March 2011. The calculation of the organic growth rates excludes the effects of acquisitions and disposals. (more…)