Danish brewery group Carlsberg has published some strong financial results, with an organic turnover increase of 6.5 % and a 9 % net profit growth as the (more expensive) craft beers were its fastest growing branch.
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Over the next two years, AB InBev will invest 42 million euros in the expansion of its bottling plant in Hoegaarden, Belgium. In this way, the world's biggest brewer hopes to support the wheat beer's international success.
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AB InBev is looking for money to settle its substantial debts: the world's largest brewing company has managed to raise 13.5 billion euros with a new bond offering and is also considering to float its Asian branch.
2018's hot summer has boosted sales for brewers around the world. Heineken and Carlsberg are toasting their excellent results, while AB InBev is dealing with a South American hangover.
Do Belgians pay too much for their own beer? The European Union thinks so: the EU wants to fine AB InBev for charging higher prices for Jupiler and Leffe in Belgium than in neighbouring countries.
Brewery group Heineken has acquired a 40% stake in China Resources Beer Holdings, China’s largest brewer and owner of the world’s largest beer brand, Snow Beer. The deal gives the Dutch company better access to the huge Chinese market.
Dutch brewery group Heineken has lowered its financial year's expectations as its profit suffers from increasing competition with AB InBev. Still, turnover and volume were able to take advantage of the beautiful weather in Europe.
In order to counter the decline of their success on the Russian market, Belgian beer giant AB InBev has placed its activities in Russia in a joint venture with Turkish Anadolu Efes.
Despite AB InBev’s beer sales dropping 0.2 % in the first quarter, the Belgian-Brazilian beer giant did generate a turnover increase and a gross profit above expectations.
Even though the European beer market continues to struggle, Dutch brewery groups Heineken and Bavaria have published growing turnovers. Bavaria set a record turnover, Heineken raised its turnover 4.3 % in the past quarter.
A strong fourth quarter helped AB InBev improve its annual turnover by 5.1 % to 56.44 billion dollars (46.3 billion euro). Following a 2 % volume drop in 2016, it now had a 0.2 % increase.
Duvel Moortgat increased its minority stake in Italian brewery Birrificio del Ducato to 70 %. The Belgian brewery, known for Vedett, has been part of the brewery near Parma since 2016.
AB InBev’s latest marketing stunt is rather unusual: its popular Jupiler brand will disappear from the shelves until July. In order to “support” the Red Devils at the World Cup football (or to benefit from their popularity), it will be rebranded to Belgium.
Beer will become data to AB InBev: the world’s largest beer brewery group is acquiring companies to gain insights into big data. The group wants to know everything about beer drinkers and their habits in order to keep growing.
Belgian brewery Huyghe, which is known for its Delirium Tremens beer, says it will invest more than twenty million euro to increase export capacity. The beer is already available in China, but the company now also targets Africa and India.
Aldi can sell its own beer Buval in the original red can again, even though there is no denying it looks very much like a can of Jupiler. AB InBev had filed a court case in 2015, but the ruling is that the discounter is not in the wrong.