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United Breweries fights with higher costs a worry, but outlook strong
After rising two-fold in the 12 months to July 2011, the stock of beer maker United Breweries (UB) has lost most of its gains since then. The rising trend in the cost relative to sales would affect its bottomline in the near term even though the overall long-term outlook is positive, given the company's strong branding and increasing youth market in the country. In the past six months, the maker of Kingfisher beer did see an impressive growth in its topline, but it failed to curtail rising operating costs. Its sales from operations rose by 26% year-on-year to Rs 733.2 crore during the half year ended September 2011. Operating costs, including raw material expenses, salaries, and fuel costs, rose even faster by 29% thereby impacting operating profitability. Its operating margin fell by 280 bps to 11.3% during the period.
written on 28.12.2011 um 11:13.
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Molson Coors Introduces New Summer Brews
23.05.12 - With peak summer selling season right around the corner, Molson Coors Brewing Company is showcasing a global lineup of product and packaging innovations designed to deepen consumer connections to core brands like Coors Light, Miller Lite, Molson Canadian and Carling, as well as build its portfolio to meet emerging consumer demands. From Coors Light Iced T to Cold Activated Aluminum Pints and a new Blue Moon beer, the summer selection of cold, refreshing brews is heating up. [more]
Grainexx Market Report 21/2012
23.05.12 - There will be nothing really new on Greece for the next 4 weeks until we know an election result. Various scenarios are being played with at the moment, both by politicians and analysts. Squeezing out the Greeks from the Euro zone is legally not possible, and a voluntary exit could be suicidal. [more]
Ukraine Seeks 4 Million-Ton Barley Agreement With Saudi Arabia
22.05.12 - Ukraine is seeking to reach agreement with Saudi Arabia on supplying as much as 4 million metric tons of barley to the Middle East country, Agriculture Minister Mykola Prysyazhnyuk said. Saudi officials will arrive in Ukraine next month to discuss an accord, Prysyazhnyuk said in a statement e-mailed yesterday. [more]
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