Edition:
United Kingdom

Brewers

Page 1

China Mengniu Dairy Announces Acquisition Of Lion-Dairy & Drinks Pty Ltd By Unit

Sunday, 24 Nov 2019

Nov 25 (Reuters) - China Mengniu Dairy Co Ltd <2319.HK>::ACQUISITION OF LION-DAIRY & DRINKS PTY LTD BY UNIT.DEAL FOR INITIAL CONSIDERATION OF A$600 MILLION.UNIT TO PURCHASE LION-DAIRY & DRINKS PTY FROM KIRIN FOODS AUSTRALIA HOLDINGS FOR INITIAL CONSIDERATION OF AUD600 MILLION.

Kirin To Sell Australian Unit Lion Dairy & Drinks To China Mengniu Dairy For About A$600 Mln

Sunday, 24 Nov 2019

Nov 25 (Reuters) - Kirin Holdings Co <2503.T>: :TO SELL AUSTRALIAN BEVERAGE UNIT LION DAIRY & DRINKS TO CHINA MENGNIU DAIRY CO LTD <<<2319.HK>>>.TO SELL LION DAIRY & DRINKS FOR ABOUT A$600 MILLION.SALE OF AUSTRALIAN UNIT TO BE ACCOUNTED FOR NEXT YEAR; IMPACT IN FY ENDING DEC. 31 NOT EXPECTED TO BE SIGNIFICANT.

Kirin To Sell Australian Dairy Unit To Mengniu - Nikkei

Sunday, 24 Nov 2019

Nov 24 (Reuters) - :KIRIN TO SELL AUSTRALIAN DAIRY UNIT TO MENGNIU - NIKKEI.

Anheuser-Busch Inbev Reports Flat EBITDA In Q3

Friday, 25 Oct 2019

Oct 25 (Reuters) - ANHEUSER BUSCH INBEV NV ::ANHEUSER-BUSCH INBEV REPORTS THIRD QUARTER AND NINE MONTHS 2019 RESULTS.Q3 REVENUE: REVENUE GREW BY 2.7% IN THE QUARTER.Q3 REVENUE $13.17 BILLION VERSUS $12.92 BILLION (RESTATED) YEAR AGO.Q3 EBITDA WAS FLAT IN THE QUARTER.NORMALIZED EPS IN 3Q19 WAS 1.22 USD, AN INCREASE FROM 0.77 USD IN 3Q18, POSITIVELY IMPACTED BY MARK-TO-MARKET GAINS LINKED TO THE HEDGING OF OUR SHARE-BASED PAYMENT PROGRAMS.Q3 VOLUME: TOTAL VOLUMES DECREASED BY 0.5% IN 3Q19.NORMALIZED PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF AB INBEV WAS 2 412 MILLION USD IN 3Q19 VERSUS 1 517 MILLION USD IN 3Q18.Q3 COS INCREASED BY 6.9% IN 3Q19.IN FY19, WE CONTINUE TO EXPECT TO DELIVER STRONG REVENUE GROWTH, DRIVEN BY THE SOLID PERFORMANCE OF OUR BRAND PORTFOLIO AND STRONG COMMERCIAL PLANS.AB INBEV BOARD HAS APPROVED AN INTERIM DIVIDEND OF 0.80 EUR PER SHARE FOR THE FISCAL YEAR 2019.WE NOW EXPECT MODERATE EBITDA GROWTH IN FY19 GIVEN THE ADDITIONAL HEADWINDS FACED IN 3Q19 WHICH WE ANTICIPATE WILL CONTINUE INTO 4Q19.WE REMAIN CONFIDENT IN OUR STRATEGY AND THE FUNDAMENTAL STRENGTH OF OUR BUSINESS.WE EXPECT THAT OUR SALES AND MARKETING INVESTMENTS WILL BE MUCH MORE BALANCED THROUGHOUT THE YEAR, RESULTING IN A MORE DIFFICULT COMPARABLE IN THE SECOND HALF OF 2019.FY19 REVENUE PER HL GROWTH SHOULD NOW BE SLIGHTLY BELOW INFLATION.WE CONTINUE TO EXPECT A MORE BALANCED TOP-LINE GROWTH BETWEEN VOLUMES AND REVENUE PER HL AND FOR OUR TOTAL COSTS (SUM OF COS PER HL AND SG&A) TO GROW BELOW INFLATION.

Budweiser Brewing Company 9-Mth Revenue Up 3.1%

Friday, 25 Oct 2019

Oct 25 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::REVENUE GREW BY 3.1% AND REVENUE PER HECTOLITER (HL) BY 5.7% IN 9M19.NORMALIZED PROFIT ATTRIBUTABLE TO EQUITY HOLDERS INCREASED TO 957 MILLION USD FROM 912 MILLION USD IN 9M19.IN 9M19, SAW OVERALL INDUSTRY DECLINE IN SOUTH KOREA, DRIVEN BY WEAKER CONSUMER SENTIMENT, WHICH WORSENED SINCE APRIL.

MoA Group Settles Acquisition Of Non Solo Pizza

Monday, 30 Sep 2019

Oct 1 (Reuters) - MOA Group Ltd ::CO HAS SETTLED THE ACQUISITION OF NON SOLO PIZZA FOR A TOTAL CONSIDERATION OF NZ$3.75 MILLION.

Boston Beer Company, National Hockey League Announces New Multiyear U.S. Partnership, Naming Truly Hard Seltzer Official Hard Seltzer Of NHL

Monday, 23 Sep 2019

Sept 23 (Reuters) - Boston Beer Company Inc ::BOSTON BEER COMPANY - CO, NATIONAL HOCKEY LEAGUE ANNOUNCED NEW MULTIYEAR U.S. PARTNERSHIP, NAMING TRULY HARD SELTZER OFFICIAL HARD SELTZER OF NHL.

MOA Group Sees HY Group Revenue Is Likely To Be In Range Of NZ$17M To NZ$18M

Sunday, 22 Sep 2019

Sept 23 (Reuters) - MOA Group Ltd ::HY GROUP REVENUE IS LIKELY TO BE IN RANGE OF NZ$17M TO NZ$18M.ON TRACK TO MEET FY TARGETS RELEASED AT THE TIME OF THE SAVOR ACQUISITION WHICH IS REVENUE IN EXCESS OF NZ$40M AND EBITDA OF NZ$3.6M.

South Africa Competition Tribunal Says Distell Accuses AB-Inbev, SABMiller Of Breaching Merger Conditions

Wednesday, 11 Sep 2019

Sept 11 (Reuters) - SOUTH AFRICA COMPETITION TRIBUNAL::DISTELL SAYS AB-INBEV, SAB MILLER MERGED ENTITY OF BREACHED MERGER CONDITIONS, TAKES MATTER TO TRIBUNAL.DISTELL ALLEGED MERGED ENTITY REMOVED COMPETITORS' ADVERTISING MATERIAL FROM OUTLETS; COMMISSION FOUND CONDITIONS NOT BREACHED.DISTELL NOW ASKING TRIBUNAL TO REVIEW, SET ASIDE COMMISSION'S FINDING, FOR A FULL INVESTIGATION TO BE CONDUCTED.TRIBUNAL WILL CONSIDER ALL SUBMISSIONS DURING HEARING, SCHEDULED TO TAKE PLACE ON 12-13 SEPTEMBER 2019.

South Africa Competition Tribunal Says Distell Accuses AB-Inbev, SABMiller Of Breaching Merger Conditions

Wednesday, 11 Sep 2019

Sept 11 (Reuters) - SOUTH AFRICA COMPETITION TRIBUNAL::DISTELL SAYS AB-INBEV, SAB MILLER MERGED ENTITY OF BREACHED MERGER CONDITIONS, TAKES MATTER TO TRIBUNAL.DISTELL ALLEGED MERGED ENTITY REMOVED COMPETITORS' ADVERTISING MATERIAL FROM OUTLETS; COMMISSION FOUND CONDITIONS NOT BREACHED.DISTELL NOW ASKING TRIBUNAL TO REVIEW, SET ASIDE COMMISSION'S FINDING, FOR A FULL INVESTIGATION TO BE CONDUCTED.TRIBUNAL WILL CONSIDER ALL SUBMISSIONS DURING HEARING, SCHEDULED TO TAKE PLACE ON 12-13 SEPTEMBER 2019.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary