DOCSLIB.ORG

BEER SECTOR in BRAZIL FLANDERS INVESTMENT & TRADE MARKET SURVEY Market Study

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
BEER SECTOR in BRAZIL FLANDERS INVESTMENT & TRADE MARKET SURVEY Market Study BEER SECTOR IN BRAZIL FLANDERS INVESTMENT & TRADE MARKET SURVEY Market study /////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// BEER SECTOR IN BRAZIL 6.08.2020 //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// www.flandersinvestmentandtrade.com INHOUD 1. Foreword .................................................................................................................................................................................................. 3 2. Introduction ............................................................................................................................................................................................. 4 3. The beer history in Brazil ................................................................................................................................................................. 5 4. The consumption of beer in Brazil .............................................................................................................................................. 7 5. Foreign trade statistics Belgium-Brazil .................................................................................................................................... 13 6. Inputs for the beer industry ......................................................................................................................................................... 16 7. Import regulations and taxes ....................................................................................................................................................... 21 8. Association, press and trade fair ............................................................................................................................................... 23 9. Brazilian beer producers ................................................................................................................................................................ 25 //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// pagina 2 van 34 Beer sector in Brazil 6.08.2020 1. FOREWORD Brazil is the third biggest beer consumer by volume in the world. Pilsner is the most popular beer in Brazil with a 90% market share, but the consumer habits are changing, and the consumption of craft and premium beer is increasing fast. There is a growing number of Belgian beers in Brazil compared to ten years ago. The third main beer exporter to Brazil in 2018 and 2019 was Belgium, after Mexico and Germany. Belgian beer has a significant market share. More than 30% from the imported European beers during the first months of 2020 came from Belgium. Notwithstanding the corona - COVID-19 crisis and a sharp year to year devaluation of 40 % Reais/Euro, net export in Euro terms grow again in the first half of 2020. The main reason for this study is twofold: - There is an increase in imports of beer in Brazil, hence creating more opportunities for Belgian exporters. - Local micro-breweries are being more successful, and their number is increasing as well, creating opportunities for suppliers of equipment, technology and raw materials. Our office in Sao Paulo will be glad to provide you with the contact details of local distributors and importers. //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// 6.08.2020 Beer sector in Brazil pagina 3 van 34 2. INTRODUCTION The first beer arrived in Latin America in the sixteenth century. It is said that the first beer was brewed in Mexico in 1544 and Brazil brewed its first beer around 1830 when immigrants started to brew artisan beer home. In 2018, Brazil was the 3rd biggest beer producer in the world and brewed 14,1 billion liters of beer, an increase of about 1% compared to 2017.1 The sector accounted R$107 billion in 2018, representing 1,6% of GDP, according to CevBrasil (Brazilian Beer Association). It employs 2,7 million people, both direct and indirect jobs, and it is constantly receiving new investments. From each BRL 1,00 invested in the sector, it generates BRL 2,50 in the economy.2 The importance of the sector is increasing rapidly in the Brazilian economy and MAPA, the Brazilian Ministry for Livestock Farming and Supply – created the “Sectorial Chamber for Beer” last October (2019) to support the sector. The beer consumption per capita averages 60 liters annually and the beer industry leaders are AB-InBev, Heineken and Grupo Petropolis, supplied by domestic brands. The most sold beers are the ones considered entry-price and pilsner is the most consumed category of beer in the country, followed by American lager3. According to a Euromonitor’s research4 in 2018, the most consumed beers by brand are Skol, Brahma, Antarctica (brands from AB-InBev) and Itaipava (Grupo Petropolis). The typical beer in Brazil has corn or rice and a very low hop content. However, thanks to a more globalized world, Brazilians started to taste new brands and the consumption of craft and premium beers is growing rapidly; the sector’s leading companies are investing in the production and development of new beer styles. This trend also reflected on the micro-brewery business. In 1999 Brazil had only 33 micro-businesses and in 2019 the country had a total of 1209 micro-breweries accordingly to the Beer Directory 2019 from MAPA5 - Ministry of Livestock, Farming and Supply. Compared to 2018, when Brazil had 889 micro- breweries, it represents 320 new businesses in 2019, or 36% growth. The beer section in the supermarkets were adapted to respond to costumers demand for craft and premium beers and international brands became more active in the Brazilian market. 1 https://www.kirinholdings.co.jp/english/news/2019/1003_01.html 2 http://www.cervbrasil.org.br/novo_site/dados-do-setor/ 3 https://www.hominilupulo.com.br/universo-da-cerveja/tipos-de-cerveja/ 4 https://exame.com/marketing/cerveja-original-ganha-versao-em-lata/ 5 https://www.gov.br/agricultura/pt-br/assuntos/inspecao/produtos-vegetal/pasta-publicacoes-DIPOV/anuario-da-cerveja-2019/view /http://www.cervbrasil.org.br/novo_site/wp-content/uploads/2020/03/anuario-cerveja-WEB.pdf //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// pagina 4 van 34 Beer sector in Brazil 6.08.2020 3. THE BEER HISTORY IN BRAZIL Brazil brewed its own beer around 1830 when immigrants started to brew artisan beer at home. Until then, the Portuguese feared that the production of beer in Brazil would interfere with their thriving imports of wines and the Brazilian ports were closed for non-Portuguese vessels. The Portuguese Prince-Regent Dom Joao came to Brazil in 1808 when he opened the Brazilian ports for the “friendly nations” and England took the most benefit of it. At that moment, Brazil started to import beer from England. Around 1830 Germans immigrants arrived in Brazil and they started to brew artisan beer at home. This beer used to be made by women while they were cooking at home. Then the neighbors wanted to buy the beer, forcing them to improve its production and commercialize it. Producers such as Cervejaria Brasileira (RJ, 1836), Henrique Schoenbourg (SP, 1840), Georg Heirich Ritter (Nova Petrópolis/RS,1846), Henrique Leiden (RJ, 1848), Vogelin & Bager (RJ, 1848), João Bayer (RJ, 1849), Gabriel Albrecht Schmalz (Joinville/SC, 1852), Carlos Rey (Petrópolis/RJ, 1853) and Henrique Kremer (Petrópolis/RJ, 1854/ Bohemia Beer- AB InBev brand),6 took the first steps to produce beer in Brazil. These beers had a high degree of fermentation so that, even when bottled, produced an enormous amount of carbon dioxide thus creating big pressure. In 1882 Antarctica beer was created by Louis Bucher and Joaquim Salles which is now the third most consumed brand in Brazil and belongs to AB InBev. Swiss immigrant, Joseph Villiger, started brewing his own beer at home and registered his brand Brahma in 1888 together with Paul Fritz and Ludwig Mack. They produced daily 12.000 liters of beer and had at that time 32 employees. Now, it also belongs to AB InBev.7 Around 1970 the sector started to expand investments in the North and Northeast. Until then the beer production was concentrated in the main consumption market, the South and Southeast Brazil. In 1996 Brahma was the largest beer producer in Latin America, accordingly to former Brazilian newspaper Gazeta Mercantil and its brand, Brahma Chope, was the fourth most consumed beer in the world, being positioned as the fifth largest brewery in the world, behind US American Anheuser-Busch, the Dutch brand Heineken, US American Miller Brewing Company and South African Breweries (SAB) (ASCHER, 2012). 8 Both companies, Brahma and Antarctica, had a similar growth path in the following years, always fighting for the first position in Brazil while investing in the marketing promotion. 6 https://blog.clubedomalte.com.br/cervejarias/cerveja-artesanal-no-brasil/ 7 https://opabier.com.br/blog/historia-da-cerveja-no-brasil-parte-3-as-grandes-industrias/ 8 https://www.gov.br/agricultura/pt-br/assuntos/camaras-setoriais-tematicas/documentos/camaras- setoriais/cerveja/2019/estudo_sobre_a_viabilidade_da_camara_setorial_da_cerveja.pdf
Load more

Recommended publications
  • RELATÓRIO DA ADMINISTRAÇÃO O Ano De 2019 Foi Marcado Por
    RELATÓRIO DA ADMINISTRAÇÃO O ano de 2019 foi marcado por investimentos transformadores em nosso portfólio, com novos líquidos e novas embalagens, inovações que buscam o crescimento sustentável da Companhia no longo prazo, alcançando um crescimento orgânico da receita líquida de 7,9%. Por outro lado, enfrentamos pressões significativas sobre o custo devido ao aumento do preço de matérias-primas denominadas em dólar, levando a um crescimento orgânico moderado do EBITDA de 1,5%, com contração orgânica da margem em 260 pontos-base. Estamos comprometidos a entregar melhores resultados em 2020, fortalecendo os fundamentos que temos construído nos últimos anos para gerar crescimento no longo prazo: (i) uma abordagem centrada no consumidor; (ii) nosso portfólio excepcional de marcas; (iii) nossa inigualável capacidade de distribuição; (iv) inovações animadoras; (v) iniciativas em tecnologia; e (vi) nossa gente. No segmento de cervejas no Brasil, introduzimos inovações em todos os segmentos de mercado e continuamos a realizar investimentos estruturais direcionados ao consumidor. Lançamos e consolidamos a marca Skol Puro Malte, que fortalece a família Skol de cervejas, e avançamos com o bom momento da marca Brahma, que manteve sua conexão com paixões brasileiras – futebol e música sertaneja. Nosso portfólio de cervejas premium manteve o forte ritmo de crescimento, de dois dígitos. O excelente desempenho das marcas globais, Budweiser, Corona e Stella Artois, assim como da cerveja Original, foi reforçado pelo lançamento de Beck’s, uma legítima cerveja puro malte alemã com sabor amargo único, e da marca Colorado Ribeirão Lager, que em poucos meses se tornou líder do segmento de cervejas artesanais no Brasil. As cervejas Nossa, Magnífica e Legítima, produzidas com mandioca de produtores locais, apresentaram resultados surpreendentes, fomentando, assim, a economia e a cultura dos estados do Nordeste onde são produzidas e vendidas.
    [Show full text]
  • Scenery of Craft and Large Beer in Brazil and Europe: Historic, Market and Trends
    European International Journal of Science and Technology ISSN: 2304-9693 www.eijst.org.uk Scenery of craft and large beer in Brazil and Europe: Historic, market and trends Raquel A. Batista1* and João Batista de A. e Silva1 1School of Engineering of Lorena, EEL-USP, Estrada Municipal do Campinho, s/n. Lorena, São Paulo, Brazil. CEP: 12602-810 * Corresponding author Email: [email protected] Abstract An overview about the market, historic and trends of the production of beer in Brazil and Europe. Comparisons to the market of beer consume and producing in Europe, and the artisanal production of craft and industrial beers, trends and innovations in the area. Keywords: beer; craft beer; Brazilian beer; European beer. 1. Review 1.1 Historic of beer in world The process of fermentation of beer was already known by humanity from more than 10 thousand years. It is speculated that beer had been discovered accidentally, have been resulted of the fermentation non induced from any cereal. The beer produced in that époque was so different that we find today, because it was dark, strong and for long time it substitute the water, that was subjected to all the types of contamination. Although, the basis of the product, that is the malted barley, it was the same. Since that time the beverage was present in all the civilizations that succeed (Mosher, 2004). The beverage, in the form that today is concepted, appear in the Medium Age, and its culture was disseminated, in your majority, in monastery, being this productors in medium scale, and was them the pioneer in the commercial activities of the beverage.
    [Show full text]
  • COMPANHIA CERVEJARIA BRAHMA (Exact Name of Registrant As Specified in Its Charter)
    US SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F [ ] REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 1998 Commission file number 1-14630 COMPANHIA CERVEJARIA BRAHMA (Exact Name of Registrant as Specified in its Charter) Federative Republic of Brazil (Jurisdiction of Incorporation or Organization) Brahma Brewing Company (Translation of Registrant’s name into English) Rua Maria Coelho Aguiar, 215 - Blo co F, 6° andar Santo Amaro, São Paulo - CEP 05804-900 Brazil (Address of principal executive offices) (Zip code) Securities registered pursuant to Section 12(b) of the Exchange Act Title of Each Class Name of Each Exchange in Which Registered Preferred Shares, no par value per share each represented by New York Stock Exchange American Depositary Shares Common Shares, no par value per share each represented by New York Stock Exchange American Depositary Shares Securities registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None The total number of issued shares of each class of stock of COMPANHIA CERVEJARIA BRAHMA as of March 31, 1999 was: 2,635,679,468 Common Shares, no par value per share 4,287,944,559 Preferred Shares, no par value per share Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Group Companies(66KB)
    Group Companies (As of December 31, 2016) The Kirin Group is headed by Kirin Holdings Company, Limited, a pure holding company, which has 188 consolidated subsidiaries and 18 affiliated companies accounted for using the equity method. Percentage Company Name Location Description of Business of Holding Japan Integrated Beverages Management and provision of specialized services for Japan Kirin Company, Limited Tokyo, Japan 100.0 Integrated Beverages Business Kirin Brewery Company, Limited Tokyo, Japan Manufacturing and sales of beer and other alcoholic beverages, etc. 100.0 Kirin Beer Marketing Company, Ltd. Tokyo, Japan Marketing and sales promotion for beer and other alcoholic beverages 100.0 Import, manufacturing, and sales of wine and other alcoholic Mercian Corporation Tokyo, Japan 100.0 beverages Kirin Beverage Company, Ltd. Tokyo, Japan Manufacturing and sales of non-alcoholic beverages 100.0 Kirin Beverage Value Vendor Company, Planning and sales of non-alcoholic beverages and food products to Tokyo, Japan 100.0 Limited sell via vending machines Manufacturing of domestically produced whiskey and spirits, etc., Kirin Distillery Co., Ltd. Shizuoka, Japan 100.0 at the Fuji-Gotemba Distillery Development of SPRING VALLEY BREWERY brand craft beer products, SPRING VALLEY BREWERY COMPANY Tokyo, Japan and planning, operation, and management of restaurants attached to 100.0 microbreweries YO-HO BREWING COMPANY* Nagano, Japan Manufacturing and sales of craft beer 33.3 Administration of alcoholic beverages business in China, identification of new investment opportunities and other business development 1 Kirin (China) Investment Co., Ltd. Shanghai, China 100.0 activities in China, sales of Kirin brand products in the Yangtze River Delta Economic Zone Kirin Brewery (Zhuhai) Co., Ltd.
    [Show full text]
  • The Deity's Beer List.Xls
    Page 1 The Deity's Beer List.xls 1 #9 Not Quite Pale Ale Magic Hat Brewing Co Burlington, VT 2 1837 Unibroue Chambly,QC 7% 3 10th Anniversary Ale Granville Island Brewing Co. Vancouver,BC 5.5% 4 1664 de Kronenbourg Kronenbourg Brasseries Stasbourg,France 6% 5 16th Avenue Pilsner Big River Grille & Brewing Works Nashville, TN 6 1889 Lager Walkerville Brewing Co Windsor 5% 7 1892 Traditional Ale Quidi Vidi Brewing St. John,NF 5% 8 3 Monts St.Syvestre Cappel,France 8% 9 3 Peat Wheat Beer Hops Brewery Scottsdale, AZ 10 32 Inning Ale Uno Pizzeria Chicago 11 3C Extreme Double IPA Nodding Head Brewery Philadelphia, Pa. 12 46'er IPA Lake Placid Pub & Brewery Plattsburg , NY 13 55 Lager Beer Northern Breweries Ltd Sault Ste.Marie,ON 5% 14 60 Minute IPA Dogfishhead Brewing Lewes, DE 15 700 Level Beer Nodding Head Brewery Philadelphia, Pa. 16 8.6 Speciaal Bier BierBrouwerij Lieshout Statiegeld, Holland 8.6% 17 80 Shilling Ale Caledonian Brewing Edinburgh, Scotland 18 90 Minute IPA Dogfishhead Brewing Lewes, DE 19 Abbaye de Bonne-Esperance Brasserie Lefebvre SA Quenast,Belgium 8.3% 20 Abbaye de Leffe S.A. Interbrew Brussels, Belgium 6.5% 21 Abbaye de Leffe Blonde S.A. Interbrew Brussels, Belgium 6.6% 22 AbBIBCbKE Lvivske Premium Lager Lvivska Brewery, Ukraine 5.2% 23 Acadian Pilsener Acadian Brewing Co. LLC New Orleans, LA 24 Acme Brown Ale North Coast Brewing Co. Fort Bragg, CA 25 Actien~Alt-Dortmunder Actien Brauerei Dortmund,Germany 5.6% 26 Adnam's Bitter Sole Bay Brewery Southwold UK 27 Adnams Suffolk Strong Bitter (SSB) Sole Bay Brewery Southwold UK 28 Aecht Ochlenferla Rauchbier Brauerei Heller Bamberg Bamberg, Germany 4.5% 29 Aegean Hellas Beer Atalanti Brewery Atalanti,Greece 4.8% 30 Affligem Dobbel Abbey Ale N.V.
    [Show full text]
  • Environmental Disclosure Analysis of Sustainability Reports the Brazilian
    Gest. Prod., São Carlos, v. 26, n. 3, e3120, 2019 Original Article https://doi.org/10.1590/0104-530X3120 Environmental disclosure analysis of sustainability reports the brazilian and international brewing industry based on Global Reporting Initiative - GRI ISSN 0104-530X (Print) ISSN 1806-9649 (Online) Análise da evidenciação ambiental dos relatórios de sustentabilidade da indústria cervejeira brasileira e internacional com base na Global Reporting Initiative - GRI Erika Sucena1 Marcia Mara de Oliveira Marinho1 How to cite: Sucena, E., & Marinho, M. M. O. (2019). Environmental disclosure analysis of sustainability reports the brazilian and international brewing industry based on Global Reporting Initiative - GRI. Gestão & Produção, 26(3), e3120. https://doi.org/10.1590/0104-530X3120 Abstract: Environmental disclosure is a tool set that companies use to communicate their environmental performance to stakeholders. The organization Sustainability Report is the main platform to report the company’s relationship with the environment in which operates. The Global Reporting Initiative- GRI is a scheme that develops and disseminates guidelines for this kind of account, to standardize and promote international report classification. The brewing industry is actively involved in the Brazilian economy, being a consumer of natural resources in great amounts. Thus, the objective of this article is to evaluate the level of environmental disclosure practiced in the sustainability reports of Brazilian brewering industries. The sample is characterized by the Sustainability Reports of the years 2011 to 2013 of the Brazilian companies: Ambev; Brazil Kirin; Grupo Petrópolis and internationals, Heineken; AB InBev; SABMiller and Heineken Netherlands. It was used four research techniques to analyse the reports: (1) Classification of indicators as the answer; (2) Adherence to treatment or GAPIE-GRI; (3) Effective Disclosure Degree and (4) indicators ranking the contents.
    [Show full text]
  • View Presentation
    WORLD BREWING CONGRESS 2016 World Brewing Congress August 13-17, 2016 Prospective demand for malting barley and malt quality for the global brewing industry Sheraton Downtown Denver 159 Peter Watts1, Dr. Yueshu Li1 and Dr. Jessica Yu2 Denver, CO 80202, U.S.A. 1. Canadian Malting Barley Technical Centre, Winnipeg, Manitoba, Canada R3C 3G7 2. Tsingtao Brewery Co. Ltd, Qingdao, China 266100 Introduction China Beer Market Evolving Quality Requirements Rapid changes in the world brewing industry including the boom in craft brewing, diversification in In addition to international brewing groups such as Carlsberg and AB-InBev, China Resource Snow Brewery, Tsingtao Brewery, and Beijing Yangjing Beer are dominant Rising beer production in China and the rapid development of craft brewing in the US beer brand/style as well as changing ownership present both challenges and opportunities for the players in China accounting for 71% of beer output. Increasingly Chinese beer manufacturers are strengthening their brand positioning. In 2014 China Resources Snow are driving increased demand for malting barley and malt, and are also shifting quality malting barley industry. In this presentation, trends in global malting and brewing sectors, Breweries produced 107 million hectolitres of Snow beer making it the world’s largest beer brand at 5.4% of the global market. Its total volume is higher than the requirements. In China, brewers are demanding barley with higher grain protein and specifically in China and the United States, and changing quality requirements for malting barley combined volume of Budweiser (4.6 billion liters) and Budlight (5.0 billion liters). Together with Tsingtao Brewery and Beijing Yangjing Beer, these three Chinese brewers very high enzyme potential to compensate for large adjunct incorporation.
    [Show full text]
  • ANNUAL REPORT 2012 Asahi Group Holdings, Ltd
    Asahi Group Holdings, Ltd. Creating Value for Sustainable Growth ANNUAL REPORT 2012 CORPORATE CORPORATE PHILOSOPHY BRAND STATEMENT The Asahi Group aims to satisfy Share the “Kando”* its customers with the highest levels of Always creating new value moves people’s quality and integrity, hearts and forms a strong bond. Always imagining a fresh tomorrow moves while contributing to people’s hearts and helps them shine. the promotion of healthy living and Sharing these emotional experiences with as many people as possible — this is the enrichment of society worldwide. the mission of the Asahi Group. * Kando is an emotion experienced in various ways. It can be an extreme satisfaction, an extraordinary feeling beyond one’s expectations, and/or a sensitively touch- ing and moving sensation. CONTENTS 01 To Our Shareholders and Friends 40 Group Management 02 Financial Highlights 40 Corporate Governance 44 Risk Management and Compliance Opening Feature: 04 45 Board Of Directors, Corporate Auditors Toward long-term, stable growth and Corporate Officers 06 Interview with the President 46 Corporate Social Responsibility (CSR) 14 Special Feature: 51 Financial Section Enhancing our business base 99 Fact Sheets for stable, long-term growth 103 Corporate Data —Realizing a value cycle— 105 Investor Information 16 Review of Operations Forward-Looking Statements 16 Asahi Group at a Glance The current plans, forecasts, strategies and performance presented in this annual 18 Alcohol Beverages report include forward-looking statements based on assumptions and opinions arrived at from currently available information. The Asahi Group cautions readers 24 Soft Drinks that future actual results could differ materially from these forward-looking statements depending on the outcome of certain factors.
    [Show full text]
  • Anheuser-Busch Inbev
    Our Dream: Anheuser-Busch InBev Annual Report 2014 1 ABOUT ANHEUSER-BUSCH INBEV Best Beer Company Bringing People Together For a Better World Contents 1 Our Manifesto 2 Letter to Shareholders 6 Strong Strategic Foundation 20 Growth Driven Platforms 36 Dream-People-Culture 42 Bringing People Together For a Better World 49 Financial Report 155 Corporate Governance Statement Open the foldout for an overview of our financial performance. A nheuser-Busch InBev Annual / 2014 Report Anheuser-Busch InBev 2014 Annual Report ab-inbev.com Our Dream: Anheuser-Busch InBev Annual Report 2014 1 ABOUT ANHEUSER-BUSCH INBEV Best Beer Company Bringing People Together For a Better World Contents 1 Our Manifesto 2 Letter to Shareholders 6 Strong Strategic Foundation 20 Growth Driven Platforms 36 Dream-People-Culture 42 Bringing People Together For a Better World 49 Financial Report 155 Corporate Governance Statement Open the foldout for an overview of our financial performance. A nheuser-Busch InBev Annual / 2014 Report Anheuser-Busch InBev 2014 Annual Report ab-inbev.com Anheuser-Busch InBev Annual Report 2014 1 ABOUT ANHEUSER-BUSCH INBEV About Revenue was Focus Brand volume EBITDA grew 6.6% Normalized profit Net debt to EBITDA 47 063 million USD, increased 2.2% and to 18 542 million USD, attributable to equity was 2.27 times. Anheuser-Busch InBev an organic increase accounted for 68% of and EBITDA margin holders rose 11.7% Driving Change For of 5.9%, and our own beer volume. was up 25 basis points in nominal terms to Anheuser-Busch InBev (Euronext: ABI, NYSE: BUD) is the leading AB InBev’s dedication to heritage and quality originates from revenue/hl rose 5.3%.
    [Show full text]
  • Annual Report 2008
    Annual Report 2008 The best brands in a better world WorldReginfo - 7f159eba-1090-41cd-beb0-24ee6121dae1 Our Vision “To be the best beer company in a better world.” To be the best means fulfi lling the needs of consumers with the best brands and products; to build a strong and unique culture, with the best and most committed people; to have the courage to advance and lead with changes; and to be recognized by our customer as their best partner. We are committed to our people, to our community, our business partners and with a better world. We will be the best company in a better world if today we build the foundations to obtain solid and increasing economic results, focusing on the creation of social and environmental value for our consumers, our employees, our shareholders and the generations to come. WorldReginfo - 7f159eba-1090-41cd-beb0-24ee6121dae1 Summary Welcome to AmBev | 03 Our performance in 2008 | 05 Shareholder information | 06 Strategic location | 08 Complementary brands | 11 The strength that builds us | 15 AmBev Operations | 19 Beer Brazil | 20 Soft Drinks and Non-Carbonated Beverages | 24 Quinsa | 26 Canada | 28 Hila-Ex | 30 People who make the difference | 33 A better world | 37 Corporate governance | 41 Bovespa and NYSE | 44 A team of leaders | 45 Financial statements | 46 WorldReginfo - 7f159eba-1090-41cd-beb0-24ee6121dae1 AmBev 2 Annual Report 2008 AmBev factory in Jaguariúna (SP), Brazil WorldReginfo - 7f159eba-1090-41cd-beb0-24ee6121dae1 Welcome to AmBev We are the 4th largest beer company in the world and we are part of the life of our consumers We are present in 14 countries in South, Central and North America, producing and selling beers, soft drinks and non- carbonated beverages.
    [Show full text]
  • Kirin Report 2016
    KIRIN REPORT 2016 REPORT KIRIN Kirin Holdings Company, Limited Kirin Holdings Company, KIRIN REPORT 2016 READY FOR A LEAP Toward Sustainable Growth through KIRIN’s CSV Kirin Holdings Company, Limited CONTENTS COVER STORY OUR VISION & STRENGTH 2 What is Kirin? OUR LEADERSHIP 4 This section introduces the Kirin Group’s OUR NEW DEVELOPMENTS 6 strengths, the fruits of the Group’s value creation efforts, and the essence of the Group’s results OUR ACHIEVEMENTS and CHALLENGES to OVERCOME 8 and issues in an easy-to-understand manner. Our Value Creation Process 10 Financial and Non-Financial Highlights 12 P. 2 SECTION 1 To Our Stakeholders 14 Kirin’s Philosophy and TOPICS: Initiatives for Creating Value in the Future 24 Long-Term Management Vision and Strategies Medium-Term Business Plan 26 This section explains the Kirin Group’s operating environment and the Group’s visions and strate- CSV Commitment 28 gies for sustained growth in that environment. CFO’s Message 32 Overview of the Kirin Group’s Business 34 P. 14 SECTION 2 Advantages of the Foundation as Demonstrated by Examples of Value Creation Kirin’s Foundation Revitalizing the Beer Market 47 Todofuken no Ichiban Shibori 36 for Value Creation A Better Green Tea This section explains Kirin’s three foundations, Renewing Nama-cha to Restore Its Popularity 38 which represent Group assets, and provides Next Step to Capture Overseas Market Growth examples of those foundations. Myanmar Brewery Limited 40 Marketing 42 Research & Development 44 P. 36 Supply Chain 46 SECTION 3 Participation in the United Nations Global Compact 48 Kirin’s ESG ESG Initiatives 49 This section introduces ESG activities, Human Resources including the corporate governance that —Valuable Resource Supporting Sustained Growth 50 supports value creation.
    [Show full text]
  • Coronavirus Politics
    Coronavirus The Comparative Politics Politics and Policy of COVID-19 EDITED BY Scott L. Greer, Elizabeth J. King, Elize Massard da Fonseca, and André Peralta-Santos Coronavirus PolitiCs Coronavirus PolitiCs The Comparative Politics and Policy of COVID-19 Scott L. Greer, Elizabeth J. King, Elize Massard da Fonseca, and André Peralta-Santos, Editors University of Michigan Press ann arbor Copyright © 2021 by Scott L. Greer, Elizabeth J. King, Elize Massard da Fonseca, and André Peralta- Santos Some rights reserved This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 Interna- tional License. Note to users: A Creative Commons license is only valid when it is applied by the person or entity that holds rights to the licensed work. Works may contain components (e.g., photo graphs, illustrations, or quotations) to which the rightsholder in the work cannot apply the license. It is ultimately your responsibility to inde penden tly evaluate the copyright status of any work or component part of a work you use, in light of your intended use. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc/4.0/ For questions or permissions, please contact um . press . perms@umich . edu Published in the United States of Amer i ca by the University of Michigan Press Manufactured in the United States of Amer i ca Printed on acid-f ree paper First published April 2021 A CIP cata log rec ord for this book is available from the British Library. Library of Congress Cataloging-i n-P ublication data has been applied for.
    [Show full text]