DOCSLIB.ORG

Annual Report 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2019 Annual Report 2019 Royal Unibrew A/S CVR no. 41 95 67 12 Contents MANAGEMENT REPORT | SIGNATURES | CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | OTHER INFORMATION ROYAL UNIBREW ANNUAL REPORT 2019 CONTENTS MANAGEMENT REPORT 2 Contents Royal Unibrew at a Glance 3 Performance 23 Consolidated Financial Statements 2019 86 Royal Unibrew in brief 4 Financial review 24 Income Statement 87 Results for 2019 and outlook for 2020 5 Overview business segments 29 Statement of Comprehensive Income 87 Results for 2019 business segments 6 Western Europe 30 Balance Sheet 88 Financial Highlights and Ratios 7 Baltic Sea 34 Cash Flow Statement 89 Chairman letter 8 International 37 Statement of Changes in Equity 90 CEO letter 9 Notes 92 Governance 39 Strategy and targets 12 Shareholder information 40 Parent Company Financial Statements 125 Strategy 13 Corporate governance 44 Income Statement 126 Rapidly changing consumer trends 15 Risk management 47 Statement of Comprehensive Income 126 Acquisitions strengthen our business platform 17 Remuneration 50 Balance Sheet 127 Digital transformation is pivotal 18 Board of Directors and Executive Board 52 Cash Flow Statement 128 Operational leverage is key 19 Statement of Changes in Equity 129 Financial targets, capital structure Corporate Social Responsibility 58 Notes 131 and distribution policy 20 Corporate Social Responsibility 59 Outlook for 2020 21 Other Information 143 (part of management report) Signatures and statements 81 Management’s Statement on Group Structure 144 the Annual Report 82 Quarterly Financial Highlights and Ratios 145 Independent auditor’s report 83 Definitions of Financial Highlights and Ratios 146 Disclaimer 147 % CEO Letter Strategy Corporate social Page 9 Page 12 responsibility DDK Page 58 Reflections on 2019 from Main elements CEO Johannes Savonije from our strategy Incorporating principles of UN Global Compact and determination of SDGs ROYAL UNIBREW ANNUAL REPORT 2019 CONTENTS MANAGEMENT REPORT 2 ManAaG - Royal Unibrew at a Glance Royal Unibrew at a Glance MANAGEMENT REPORT | SIGNATURES | CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | OTHER INFORMATION ROYAL UNIBREW ANNUAL REPORT 2019 ROyal UNIBREW AT A GLANCE MANAGEMENT REPORT 3 Royal Unibrew at a Glance ROYAL UNIBREW ANNUAL REPORT 2019 ROyal UNIBREW AT A GLANCE MANAGEMENT REPORT 3 ManAaG - Royal Unibrew in brief MANAGEMENT REPORT | SIGNATURES | CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | OTHER INFORMATION ROYAL UNIBREW ANNUAL REPORT 2019 ROyal UNIBREW IN BRIEF MANAGEMENT REPORT 4 Royal Unibrew in brief Royal Unibrew is a leading regional 2019 International beverage provider in a number of mar- 8 Western Europe kets – primarily in Northern Europe, 44 8 42 Italy, France and in selected interna- tional markets. 7,692 mDKK 2018 2,567 Net revenue employees We produce, market, sell and distribute qual- Baltic Sea 50 ity beverages with focus on branded products for 2019 48 within beer, malt beverages and soft drinks as well as ciders and ready-to-drink products. Volume Our main markets are Denmark, Finland, Italy, by segment in % France and Germany as well as Latvia, Lithua- nia and Estonia. To these should be added the Craft and Premium/ international markets comprising a number of specialty 2019 2019 2019 super-premium established markets in Americas and major brands International brands 35 Beer cities in Europe and North America as well as 3 32 9 Western Europe 38 emerging markets in e.g. Africa. 2 30 9 48 47 In all of our multi-beverage markets, we of- 2018 2018 2018 13 16 Other alcoholic fer our customers strong and locally based beverages 44 Non- brands. Based on continuous development 43 49 Mainstream 68 Baltic Sea alcoholic and innovation, it is our objective to meet con- beverages 49 brands 65 sumer demands for quality beverages. Net revenue EBIT Net revenue In addition to our own brands, we offer license by brand category in % by segment in % by product category in % based international brands of the PepsiCo and Heineken Groups in Northern Europe. Western Europe: Denmark, Germany, Italy and France Baltic Sea: Finland, Lithuania, Latvia and Estonia International: the export and license business to international markets outside Denmark, Finland, Italy, France and the Baltic countries. Sales outside Italy, the Balkan countries and France from the businesses Fonti di Crodo and Lorina are included in this segment. ROYAL UNIBREW ANNUAL REPORT 2019 ROyal UNIBREW IN BRIEF MANAGEMENT REPORT 4 ManAaG - Results for 2019 and outlook for 2020 MANAGEMENT REPORT | SIGNATURES | CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | OTHER INFORMATION ROYAL UNIBREW ANNUAL REPORT 2019 RESULTS FOR 2019 AND OUTLOOK FOR 2020 MANAGEMENT REPORT 5 Results for 2019 and outlook for 2020 NET REVENUE EBITDA Dedicated execution of the well-grounded strategy (mDKK) (mDKK) delivered continued solid growth in Royal Uni- + 7900 1900 brew’s business and the best results ever 5% 7300 1650 Developments in 2019 NET REVENUE INCREASE FOR 2019 6700 1400 • Solid improvement of net revenue (+5%), EBIT (+10%) TO DKK 7,692 MILLION 6100 1150 and free cash flow (+23%) 5500 900 • Market shares generally increased 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 • Both EBITDA margin and EBIT margin increased EBIT EBIT-MARGIN • Earnings per share up from DKK 20.6 to DKK 23.0 (+12%) (mDKK) (%) • Expected distribution to shareholders of DKK 1,010 mil- + 1600 22 lion (2018: 950 million) allocated on 19 • Dividend of DKK 12.20 per share (2018: DKK 10.80) 10% 1350 (+13%) EBIT INCREASE FOR 2019 1100 16 • New share buy-back program of DKK 400 million TO DKK 1,469 MILLION 850 13 (2018: DKK 400 million) 600 10 2015 2016 2017 2018 2019 • Three acquisitions completed 2015 2016 2017 2018 2019 • Royal Unibrew focuses on sustainable growth and has joined the UN Global Compact + Outlook for 2020 8% In spite of the current circumstances with COVID-19, we EBITDA INCREASE FOR 2019 ... and three more expect to deliver an EBIT around 2019. TO DKK 1,814 MILLION acquisitions in 2019 Medium-term EBIT margin target increased from about The acquisition of Bev.Con ApS (CULT) was 18-19% to 19-20% concluded on 28 February 2019 and adds Actual Actual strong brands such as CULT Energy, MOKAÏ mDKK 2019 2018 and SHAKER to the Danish portfolio of brands. MOKAÏ and SHAKER are both brands Net revenue 7,692 7,298 strongly connected to the night life occasion EBIT 1,469 1,339 19.1% and close a portfolio gap. EBIT-MARGIN FOR 2019, AN INCREASE OF 0.7 PERCENTAGE POINT ROYAL UNIBREW ANNUAL REPORT 2019 RESULTS FOR 2019 AND OUTLOOK FOR 2020 MANAGEMENT REPORT 5 ManAaG - Results for 2019 business segments MANAGEMENT REPORT | SIGNATURES | CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | OTHER INFORMATION ROYAL UNIBREW ANNUAL REPORT 2019 RESULTS FOR 2019 - BUSINESS SEGMENTS MANAGEMENT REPORT 6 Results for 2019 - business segments Western Europe Baltic Sea International DENMARK, GERMANY, ITALY AND FRANCE FINLAND, LATVIA, LITHUANIA AND ESTONIA 65 MARKETS IN AMERICAS AND EMEAA 4,813 tHL 722 mDKK 5,268 tHL 654 mDKK 942 tHL 132 mDKK VOLUME EBIT VOLUME EBIT VOLUME EBIT 3,691mDKK 19.6% 3,308 mDKK 19.8% 694 mDKK 19.0% NET REVENUE EBIT-MARGIN NET REVENUE EBIT-MARGIN NET REVENUE EBIT-MARGIN Further information: page 30 Further information: page 34 Further information: page 37 ROYAL UNIBREW ANNUAL REPORT 2019 RESULTS FOR 2019 - BUSINESS SEGMENTS MANAGEMENT REPORT 6 ManAaG - Financial highlights and ratios MANAGEMENT REPORT | SIGNATURES | CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | OTHER INFORMATION ROYAL UNIBREW ANNUAL REPORT 2019 FINANCIAL HIGHLIGHTS AND RATIOS MANAGEMENT REPORT 7 Financial Highlights and Ratios 2019 2018 2017 2016 2015 2019 2018 2017 2016 2015 Volume (million hectolitres) 11.0 10.8 9.9 9.9 9.3 EMPLOYEES Average number of employees 2,567 2,416 2,299 2,350 2,314 INCOME STATEMENT (MDKK) Net revenue 7,692 7,298 6,384 6,340 6,032 FINANCIAL RATIOS (%) EBITDA 1,814 1,673 1,362 1,306 1,225 Return on invested capital including goodwill (ROIC) 19 21 21 18 16 EBITDA margin (%) 23.6 22.9 21.3 20.6 20.3 Return on invested capital excluding goodwill (ROIC) 30 33 32 28 23 Earnings before interest and tax (EBIT) 1,469 1,339 1,069 1,001 917 Free cash flow as a percentage of net revenue 15 13 15 16 17 EBIT margin (%) 19.1 18.4 16.7 15.8 15.2 Cash conversion 102 91 114 130 145 Income after tax from investments in associates 25 20 18 28 31 Net interest-bearing debt/EBITDA (times) 1.5 1.5 0.7 0.8 1.0 Other financial income and expenses, net -36 -31 -31 -31 -46 Equity ratio 37 36 42 48 43 Profit before tax 1,458 1,328 1,056 998 902 Return on equity (ROE) 38 36 29 27 25 Net profit for the year 1,140 1,040 831 784 711 Dividend payout ratio (DPR) 54 53 56 56 56 Parent company shareholders’ share of net profit 1,142 1,041 831 784 711 Ratios comprised by the “Recommendations and Financial Ratios” issued by the Chartered Financial Analyst So- BALANCE SHEET (MDKK) ciety Denmark’s Committee for Accounting standards have been calculated according to the recommendations. Non-current assets 7,163 6,775 5,121 5,180 5,505 Total assets 8,493 8,062 6,778 6,076 6,748 Definitions of financial highlights and ratios are provided on page 146. Equity 3,106 2,908 2,814 2,911 2,935 Net interest-bearing debt 2,705 2,522 975 991 1,184 Due to adoption in 2018 of IFRS 16 (leases) using the modified retrospective approach the 2018 and 2019 high- lights and ratios are not comparable with those for 2015-2017.
Load more

Recommended publications
  • Largo Consumo Aprile 4/2007: Citati Aziende, Marchi, Nomi E Organismi
    Aziende, organismi, marchi e persone citate nel fascicolo 05/2007 di Rivista di economia e marketing sulla filiera dei beni di consumo In questo numero sono citati 1.823 nomi Istruzioni per la consultazione: • verifica con CTRL+F la citazione in questo fascicolo dell’azienda, dell’l’organismo, del marchio o della persona di tuo interesse • Gli articoli di comunicazioni di impresa sono liberamente scaricabili • I contenuti editoriali sono invece accessibili sono per gli abbonati • Eventuali riproduzioni degli articoli possono essere richieste al Servizio diffusione e abbonamenti di Largo consumo al prezzo di 15 euro iva inc. Altre risorse: • Scarica il sommario in formato PDF di questo fascicolo o leggi la sintesi di tutti gli articoli di questo mese nella rubrica Largo Consumo in Flash • Per le tue ricerche di mercato, consulta il Largo Consumo Information System – Argomenti, nomi e Numeri del Largo Consumo Food e non food – La più ampia banca dati giornalistica relativa ai mercati mass market in Italia. • I Percorsi di lettura di questo mese: Riflessione in copertina: L’energia necessaria • Componi la tua rassegna stampa personalizzata e scarica l’elenco dei citati relativi ai per ottenere un litro numeri precedenti e il relativo sommario interattivo: di biocarburante è quasi uguale Largo Consumo 4/07: Citati Sommario Largo Consumo In Flash (La sintesi ragionata degli articoli) a quella in esso contenuta. Largo Consumo 3/07: Citati Sommario Largo Consumo In Flash (La sintesi ragionata degli articoli) (Fonte: Sistemi Eni) Largo Consumo
    [Show full text]
  • Offre Du 28.04.2021
    Offerta del 13.08.2021 = action du jour Articolo Qtà Denominazione Dettagli Paese Peso Unità Prezzo/Unità AZIONI 5336 Barbabietola cruda NL gross NL 10 kg Kg 1.80 8867 Barbabietola cruda NL medium NL Kg 1.80 8296 Bibita Aranciata San Pellegrino 24x33cl ITA 7.9 kg Colis 15.60 22788 Bibita Coca Cola 6x1.75lt "PALETTE" 7.50 statt 8.20 Pack (64 colli) PL 672 kg Colis 624.00 Bibita Coca Cola 6x1.75lt "PALETTE" MIX 22809 7.50 statt 8.20 Pack (64 colli) PL 672 kg Colis 624.00 (ZERO) 21843 Bibita Coca Cola ZERO 24x33cl PL 7.9 kg Colis 12.40 21853 Bibita Coca Cola ZERO 24x33cl "PALETTE" 8.80 Pack (110 Colli) PL 870 kg Colis 1258.40 22789 Bibita Coca Cola ZERO 6x1.75lt PL 9 kg Colis 11.60 22790 Bibita Coca Cola ZERO 6x1.75lt "PALETTE" 7.50 statt 8.20 Pack (64 colli) PL 672 kg Colis 624.00 22786 Bibita Fanta Orange 12x500ml PL 6 kg Colis 11.10 11273 FONTANA Soppressata stagionata dolce ca. 15 x 350g ITA 5.3 kg Kg 31.20 11272 FONTANA Soppressata stagionata piccante ca. 15 x 350g ITA 5.2 kg Kg 31.20 Formaggio Ragusano D.O.P. stagionato 12 21566 7 pcs ca.300gr SICILIA ITA 2.2 kg Kg 21.50 mesi Formaggio Robiola di capra Nonno Nanni 23173 8x100g ITA 0.8 kg Colis 22.80 8x100g 21769 Formaggio Robiola Nonno Nanni 10x100g 10x100g ITA 1 kg Colis 22.80 5559 Formaggio Stracchino Nonno Nanni 8x250g 8x250gr ITA 2 kg Colis 38.40 4648 Meloni Charentais-Jolly x 6 (Lorenzini) Mantova ITA 5.8 kg Kg 3.80 22516 Nettarine gialle AA/AAA ITA cal.20 ITA 4.1 kg Kg 3.00 11192 Nettarine gialle AAA ITA cal.18 ITA 4.8 kg Kg 3.00 6222 Peperoni rossi e gialli CUNEO ITA 8.5 kg
    [Show full text]
  • Annual Report 2018
    Annual Report 2018 Royal Unibrew A/S CVR no. 41 95 67 12 Contents MANAGEMENT REPORT | SIGNATURES | CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | OTHER INFORMATION Contents Royal Unibrew at a Glance Corporate Social Responsibility CEO Letter Royal Unibrew in brief 4 Corporate Social Responsibility 49 Page 7 Results for 2018 and Outlook for 2019 5 Financial Highlights and Ratios 6 Signatures and statements CEO Letter 7 Management's Statement on the Annual Report 66 Strategy and targets Independent Auditor's Report 67 Strategy 11 Market outlook 12 Consolidated Financial Statements Our recent four acquisitions over the past Income Statement 71 15 months broaden our product offering 13 Statement of Comprehensive Income 71 Strategy Consumer trends – searching for the good life 14 Balance Sheet 72 Page 11 Closeness to consumers 15 Cash Flow Statement 73 Digitalization with our customers Statement of Changes in Equity 74 is gaining momentum 16 Contents of Notes 76 Financial targets, capital structure and distribution policy 17 Parent Company Financial Statements Outlook for 2019 18 Income Statement 109 Statement of Comprehensive Income 109 Performance Balance Sheet 110 Financial Review 21 Cash Flow Statement 111 Western Europe 25 Statement of Changes in Equity 112 Baltic Sea 28 Contents of Notes 114 International 31 Other Information Governance (part of management report) Shareholder Information 34 Group Structure 126 Corporate Governance 37 Quarterly Financial Highlights and Ratios 127 Risk Management 40 Definitions
    [Show full text]
  • Università Degli Studi Di Padova
    UNIVERSITÀ DEGLI STUDI DI PADOVA FACOLTÀ DI LETTERE E FILOSOFIA CORSO DI LAUREA IN SCIENZE DELLA COMUNICAZIONE TESI DI LAUREA “QUANTE COSE AL MONDO VUOI FARE...”: IPOTESI DI RILANCIO DI CEDRATA TASSONI. RELATORE: PROF. VITTORIO MONTIERI LAUREANDA: ELISA FRASINETTI N° MATRICOLA: 462289 ANNO ACCADEMICO 2005-2006 Indice: Introduzione p. 3 Capitolo 1: Strategia pubblicitaria p. 6 1.1 Analisi della concorrenza p. 6 1.1.1 Le dimensioni dell'area competitiva p. 8 1.1.2 Il mercato di riferimento p. 9 1.1.2.1 Le bevande alcoliche e analcoliche p. 11 1.1.2.2 Le bevande analcoliche, tutti i comparti p. 12 1.1.2.3 Le bevande analcoliche gassate in Italia (BAG) p. 17 1.1.2.4 Punti critici del mercato delle BAG p. 19 1.1.2.5 I trend dei consumi di BAG in Italia p. 23 1.1.2.6 I trend dei consumi di BAG nel mondo p. 23 1.1.2.7 La distribuzione nel settore delle BAG in Italia p. 25 1.1.2.7.1 I canali distributivi di BAG p. 27 1.1.2.7.1.1 I canali di vendita al consumo p. 27 1.1.2.7.1.2 Il canale lungo e il canale corto p. 28 1.1.2.7.1.3 L'importanza percentuale dei canali p. 29 distributivi 1.1.2.8 L'azienda Cedral Tassoni p. 30 1.2 Il questionario p. 32 1.2.1 Alcuni concetti per analizzare il questionario p. 32 1.2.1.1 Notorietà spontanea e aiutata p.
    [Show full text]
  • Beverfood Annuario 2006 - 2007 Yearbook BIBITE E SUCCHI ITALIA SOFT DRINKS & FRUIT JUICES ITALY IX Edizione
    Annuario Bibite e Succhi Bibite e Succhi Italia @Beverfood Annuario 2006 - 2007 Yearbook BIBITE E SUCCHI ITALIA SOFT DRINKS & FRUIT JUICES ITALY IX Edizione La IX edizione dell’Annuario Bibite e Suc- chi si caratterizza per una più ampia do- cumentazione sulla distribuzione delle bevande analcoliche, con la mappatura dei gruppi distributivi nei principali canali e una rubrica completa sugli operatori della di- “ANNUARI DEL BERE” Beverfood stribuzione ingrosso bevande. Oltre alle Reg. Tribunale di Milano consuete sezioni sui mercati (nazionali ed N° 185 del 17/03/2000 europei), i produttori e gli importatori, ag- Beverfood S.r.l. giornate e arricchite, sono state ulterior- Milano (Italy) mente potenziata le rubriche marche e con- © E’ vietata la riproduzione anche fezioni. parziale in qualsiasi forma e con qual- L’annuario è stato curato con la massima siasi mezzo senza l’autorizzazione attenzione e con cura professionale, tutta- scritta dell’editore. ASSOBIBE via l’editore non assume alcuna responsa- L’editore non assume alcuna respon- bilità per eventuali manchevolezze, errori sabilità per quanto espresso dalle o imprecisioni che possono inevitabilmen- aziende negli annunci redazionali e te accadere in considerazione della enor- pubblicitari me massa di informazioni trattate. Solle- Direzione, Redazione e Pubblicità citiamo segnalazioni correttive e suggeri- BEVERFOOD S.r.l. menti migliorativi che andremo a recepire Via Marco Aurelio 8 nella prossima edizione dell’annuario ed in 20127 MILANO (Italy) tempo reale sul sito www.beverfood.com Tel 02/2837171- Fax 02/28371722 Si ringraziano gli operatori e la stampa spe- [email protected] cializzata per le informazioni fornite. www.beverfood.com L’EDITORE P.
    [Show full text]
  • Catalogo Bibite
    NO ART DESCRIZIONE CONTENUTO IMB. ACQUE MINERALI ************** GRUPPO NESTLE WATERS - ACQUE MINERALI SVIZZERE 110000 HENNIEZ LITHINEE GAS (ROSSA) 100 CL 12 110006 HENNIEZ LITHINEE GAS (ROSSA) 33 CL 24 110010 HENNIEZ LITHINEE (ROSSA) PET 150 CL 6 110014 HENNIEZ LITHINEE (ROSSA) PET 50 CL 24 110016 HENNIEZ LITHINEE (ROSSA) PET 33 CL 24 110100 HENNIEZ LEGGERA 100 CL 12 110102 HENNIEZ LEGGERA 75 CL 12 BOTTIGLIA GASTRONOMICA 110104 HENNIEZ LEGGERA GASTRONOMICA 50 CL 20 110106 HENNIEZ LEGGERA 33 CL 24 110108 HENNIEZ LEGGERA VERDE 1/4 25 CL 30 110110 HENNIEZ LEGGERA PET 150 CL 6 110114 HENNIEZ LEGGERA PET 50 CL 24 110116 HENNIEZ LEGGERA PET 33 CL 24 110200 HENNIEZ NATURALE 100 CL 12 110202 HENNIEZ NATURALE 75 CL 12 BOTTIGLIA GASTRONOMICA 110204 HENNIEZ NATURALE GASTRONOMICA 50 CL 20 110206 HENNIEZ NATURALE 33 CL 24 110208 HENNIEZ NATURE BLU 1/4 25 CL 30 110210 HENNIEZ NATURALE PET 150 CL 6 110214 HENNIEZ NATURALE PET 50 CL 24 110216 HENNIEZ NATURALE PET 33 CL 24 110614 HENNIEZ AROMATIZZATA PET 50 CL 24 MANGO - YUZU 120010 CRISTALP LEGGERA PET 150 CL 6 120014 CRISTALP LEGGERA PET 50 CL 24 120210 CRISTALP NATURALE PET 150 CL 6 120214 CRISTALP NATURALE PET 50 CL 24 120218 CRISTALP 75 CL BORRACCIA 75 CL 6 GRUPPO NESTLE WATERS - INTERNAZIONALI 130000 SAN PELLEGRINO CASSA 100 CL 12 130002 SAN PELLEGRINO GASTRONOMICA 75 CL 16 ** IMBALLAGGIO Fr. 13.-- ** 130004 SAN PELLEGRINO CASSA 50 CL 20 130008 SAN PELLEGRINO CASSA 25 CL 24 130012 SAN PELLEGRINO PET 100 CL 6 BOTTIGLIE DA LITRO 130013 SAN PELLEGRINO PET 125 CL 6 130014 SAN PELLEGRINO PET 50 CL 24 130017 SAN PELLEGRINO GAS VP 25 CL 24 140000 PANNA NATURALE CASSA 100 CL 12 140002 PANNA GASTRONOMICA 75 CASSA 75 CL 16 ** IMBALLAGGIO Fr.
    [Show full text]
  • Simei 2009 Informative Dossier on the Beer Industry
    THE FIRST 10 NATIONAL BEER MARKETS SIMEI 2009 Rank Nation Population Beer production % Per head INFORMATIVE DOSSIER (Million (million hl) Variations 2008 inhabitants) 2000 2008 ON THE BEER INDUSTRY 1 CHINA 1.339 220 410 +76,5 32 litres/year 2 USA 302 233 232 -0.3 83 litres/year 2008 World Production and Consumption 3 URSS 141 55 114 +107,7 81 litres/year 4 BRAZIL 191 83 106 +29 57 litres/year Again in 2008, despite the general financial and economic crisis the world beer markets managed to record an upward trend. 5 GERMANY 82 110 103 -8,3 111 litres/year According to the data published in the latest Barth Report, world consumption and production of beer in 2008 totalled 1.816 6 MEXICO 105 58 82 +42 60 litres/year million hectolitres, showing a 1.6% increase on the previous year, lower though than average growth rates (approx. 3% per 7 JAPAN 128 71 61 -13,9 52 litres/year annum) of the recent past. Consumption did however slow down on some important markets, particularly in the last three 8 UNITED KINGDOM 60 55 50 -10,5 88 litres/year months of the year. World consumption per head settled at 27 litres/per year. 9 POLOND 38 24 36 +48,3 93 litres/year 10 SPAIN 45 26 33 +26,5 84 litres/year The world consumption of beer recorded a better trend than other alcoholic drinks, in view of certain decisive advantages: Top 10 2.431 935 1.227 +31,2 50 litres/year - beer is the least alcoholic drink and as such creates less “alarmism” with consumers and authorities Other markets 4.299 445 589 +32,4 14 litres/year - beer is the alcoholic drink that
    [Show full text]
  • Listinogenerale110407nop
    So.Se.Ma. - Ship Supply Services Pagina 1 di 1 Ship supply services : We supply all kinds of goods - deck, cabin and engine stores, bonded stores, provisions and storage partsto commercial vessel, cruise ships and yachts. Forwarding services : warehousing, air freight, trucking, storage and delivery on board of stores, spare parts and frozen and fresh provisions, customs formalities, and all import and export documentation. So.Se.Ma. You name it, we do it. For example, we can order spare parts and have them ready for your ship Ship supply services, when and wherever it calls. We can store your goods in our warehouse and despatch them for you, Via dell'Ecologia, 7/9 anywhere in the world. Loc. Vallin Buio 57122 Livorno . Tel. 0586-426131 Fax 0586-409921 We do not use intermediaries. We do not use other facilities to expedite your order; we own them personally, because we have the responsibility for fulfilling your needs to the highest possible standard. And, of course, because we don't use intermediaries, the cost to you is reduced - you will find that all our prices, across the board, are extremely competitive. Not forgetting our trained and friendly staff, who are able to give you an immediate and personal response to all your requests. Designed, Hosted and Powered by Net-Service So.Se.Ma. - Ship Supply Services Pagina 1 di 1 So.Se.Ma. Ship supply services, Via dell'Ecologia, 7/9 . Loc. Vallin Buio 57122 Livorno Tel. 0586-426131 Fax 0586-409921 Designed, Hosted and Powered by Net-Service P 000100 FRESH VEGETABLES Quantity required P 000102
    [Show full text]
  • Coca-Cola: Notizie, Dati Di Mercato E Profilo Aziendale
    PL Percorsi di lettura Periodico di economia a marketing sulla filiera dei beni di consumo Reg. Trib. Mi. n. 268 del 24/04/08 Tamburino - www.largoconsumo.info Documento in versione interattiva: www.largoconsumo.info/102008/PL-1008-007.pdf COCA-COLA (Cifre e accadimenti registrati da Largo Consumo) da aprile 2005 Costi del Percorso di lettura: Per ordini: [email protected] 136,50 (comprensivo iva) - non abbonati Aggiornato a: Largo Consumo 10/2008 e supplementi 87,00 (comprensivo iva) - abbonati Rif: PL-1008-007 Clicca qui per i costi dei singoli titoli Aggiornamenti: Verifica la disponibilità di un'edizione più aggiornata di questo Percorso di lettura. Se non sai cosa sia un Percorso di lettura, trovi una spiegazione alla pagina www.largoconsumo.info/percorsi LE FONTI DI QUESTO PERCORSO DI LETTURA E SUGGERIMENTI PER L'APPROFONDIMENTO DEI TEMI: Mercato Italia - Agroalimentare Osservatorio D'Impresa Rapporto sullo stato delle imprese Leggi le case history di I risultati finanziari delle principali imprese nazionali, la produzione industriale e comunicazioni d'impresa le esportazioni, i consumi interni e principali competitor internazionali di questo di Aziende e organismi comparto. attivi nei mercati considerati in questo Mercato & Imprese Percorso di lettura Opinioni e prospettive dall'industria del largo consumo selezionati da Ogni anno, Mercato & Imprese ospita interviste ad alcuni fra i più accreditati Largo Consumo esponenti di aziende di primo piano dell'industria alimentare e grocery non food. I contenuti giornalistici
    [Show full text]
  • POST-ACQUISITION SUCCESS - the CASE of ROYAL UNIBREW in ITALY a Strategic Analysis of Royal Unibrew in the Italian Soft- and Alcoholic Drink Market
    POST-ACQUISITION SUCCESS - THE CASE OF ROYAL UNIBREW IN ITALY A strategic analysis of Royal Unibrew in the Italian soft- and alcoholic drink market 15-05-2019 Master’s Thesis MSc in Economics and Business Administration (IBS) Copenhagen Business School Characters: 149.500 Author: Nicklas Skovbæk Berg Petersen (93172) Supervisor: Anne Sluhan Nicklas Petersen Master’s Thesis 15-05-2019 Abstract This paper studies the strategic considerations required to achieve success in a post-acquisition setting in the case of Royal Unibrew A/S in Italy. The Italian consumption pattern is changing. Consumers demand more premium products that can be enjoyed in moderation and in the presence of others. These trends, premiumization, social drinking and ‘the good life’, along with a reduction in consumption of unhealthy beverages, are the primary trends driving the beverage industries. Understanding and exploiting these trends is vital to staying ahead and avoid stagnation with the traditional market. Despite high brand recognitions and preferences, little to no switching costs are present in the industry, making it very attractive for firms to compete for market shares through heavy marketing. Interindustry substitutions remains the biggest threat to soft drink manufacturers, while alcoholic drink consumption declines across the whole industry. Without a clear sustainable competitive advantage, Royal Unibrew’s ability to stay ahead of the competition and maintain attractive margins is challenged by their ability to adapt to the changing industry and control costs. Royal Unibrew’s success with Terme di Crodo in the Italian market is highly dependent on their strategic decision making and how they elect to go forward with their newly acquired brands.
    [Show full text]
  • Pour Découvrir L'ensemble De Notre Offre Actuelle Au Format PDF
    Offre du 13.08.2021 = action du jour Article Qté Déscription Détail Pays Poids Unité Prix/Unité ACTIONS 5336 Betterave rouge crue NL grosse NL 10 kg Kg 1.80 8867 Betterave rouge crue NL medium NL Kg 1.80 8296 Boisson Aranciata San Pellegrino 24x33cl ITA 7.9 kg Colis 15.60 22788 Boisson Coca Cola 6x1.75lt "PALETTE" 7.50 statt 8.20 Pack (64 colli) PL 672 kg Colis 624.00 Boisson Coca Cola 6x1.75lt "PALETTE" MIX 22809 7.50 statt 8.20 Pack (64 colli) PL 672 kg Colis 624.00 (ZERO) 21843 Boisson Coca Cola ZERO 24x33cl PL 7.9 kg Colis 12.40 Boisson Coca Cola ZERO 24x33cl 21853 8.80 Pack (110 Colli) PL 870 kg Colis 1258.40 "PALETTE" 22789 Boisson Coca Cola ZERO 6x1.75lt PL 9 kg Colis 11.60 Boisson Coca Cola ZERO 6x1.75lt 22790 7.50 statt 8.20 Pack (64 colli) PL 672 kg Colis 624.00 "PALETTE" 22786 Boisson Fanta Orange 12x500ml PL 6 kg Colis 11.10 11273 FONTANA Soppressata stagionata douce ca. 15 x 350g ITA 5.3 kg Kg 31.20 11272 FONTANA Soppressata stagionata piquante ca. 15 x 350g ITA 5.2 kg Kg 31.20 Fromage Ragusano D.O.P. stagionato 12 21566 7 pcs ca.300gr SICILIA ITA 2.2 kg Kg 21.50 mois Fromage Robiola de chèvre Nonno Nanni 23173 8x100g ITA 0.8 kg Colis 22.80 8x100g 21769 Fromage Robiola Nonno Nanni 10x100g 10x100g ITA 1 kg Colis 22.80 5559 Fromage Stracchino Nonno Nanni 8x250g 8x250gr ITA 2 kg Colis 38.40 4648 Melon Charentais-Jolly x 6 (Lorenzini) Mantova ITA 5.8 kg Kg 3.80 22516 Nectarine jaune AA/AAA ITA cal.20 ITA 4.1 kg Kg 3.00 11192 Nectarine jaune AAA ITA cal.18 ITA 4.8 kg Kg 3.00 22289 Oeuf 20x10pcs Italie 53g+ ITA 11 kg Colis 50.10
    [Show full text]
  • Bando Di Gara
    ISTITUTO ISTRUZIONE SECONDARIA SUPERIORE “F. RE CAPRIATA” Via Campobello 135 - 92027 Licata (AG) - C.M. AGIS013006 Tel. 0922/891158-891227 – Fax 0922/893363 – Codice Fiscale: 81000810846 – www.recapriata.gov.it – [email protected] - [email protected] All’Amministrazione trasparenze www.recapriata.gov.edu.it All’Albo Scolastico S E D E Sito Web Istituto S E D E BANDO DI GARA A PROCEDURA APERTA PER ACQUISTO DERRATE ALIMENTARI ESERCITAZIONI INDIRIZZO ENOGASTRONOMICO SULLA BASE DEL PREZZO PIU’ BASSO AI SENSI DELL’ART. 95 c.4 D.L.gs 50/2016 - A/S 2020/2021 CIG Z39301FEFF L'I.I.S.S. F. RE CAPRIATA indice una gara per l'affidamento, suddiviso in lotti, della "fornitura dei prodotti alimentari per le esercitazioni dell'Indirizzo Enogastronomico anno scolastico 2020/2021". Le aziende/ditte interessate, in possesso dei requisiti prescritti, potranno partecipare alla gara attenendosi scrupolosamente alle prescrizioni del presente Bando - Capitolato d'appalto. BANDO DI GARA — CAPITOLATO D'APPALTO Art. 1 - OGGETTO DELLA GARA La gara ha per oggetto la fornitura di tutti i prodotti alimentari di cui all'allegato n. 5 (elenco derrate divise per lotti) che e parte integrante del presente bando. L'elenco ha carattere puramente indicativo, nel senso che le quantità potranno variare per il soggetto appaltatore in più o in meno, secondo l'andamento stesso delle attività didattiche dell'istituto durante l'anno scolastico e comunque sempre ai prezzi praticati secondo l'offerta. L'Amministrazione si riserva nel corso della fornitura, di valutare la convenienza ad acquistare presso la ditta assegnataria altri generi non previsti dall'allegato 5.
    [Show full text]