DOCSLIB.ORG

For Personal Use Only Use Personal For

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
For Personal Use Only Use Personal For FOSTER'S GROUP LTD 201 1 F¡nancial Results For the year ended 30 June 2011 lncorporating the requirements of Appendix 4E For personal use only ABN 49 007 620 886 APPENDIX 4E Preliminary Final Report For the twelve months ended 30 June 2011 ABN 49 007 620 886 Results for announcement to the market Extracts of the Foster’s Group Limited results for the year ended 30 June 2011. $m Continuing Operations operating revenue down 5.4% to 2,418.4 Net loss for the period attributable to members (89.0) Dividends Franked Amount per amount per security Security at 30% tax Final dividend 13.25¢ Nil Interim dividend 12.00¢ 12.00¢ Total dividend 25.25¢ 12.00¢ The Company’s dividend reinvestment plan has been suspended. Annual Meeting The annual meeting will be held as follows: Place City Recital Hall 2 – 12 Angel Place Sydney, New South Wales, Australia Time and Date 10.30am, Tuesday 25 October 2011 Approximate date the annual report will be available Monday 19 September 2011 Compliance Statement This report has been prepared under accounting policies which comply with the Corporations Act 2001, the Accounting standards and other mandatory professional reporting requirements in Australia, and the Corporations Regulations 2001. This report and the financial statements prepared under the Corporations Act 2001, use the same accounting policies. This report gives a true and fair view of the matters disclosed. The report is based on accounts which have been audited. The audit report, which was unqualified, will be made available with the Company’s financial report. Further information: For personal use only Chris Knorr Tel: +61 3 8626 2685 Mob: 61 417 033 623 Foster’s Group Limited Preliminary Final Report 30 June 2011 Foster's Group Limited Financial Result for the twelve month period ended 30 June 2011 Contents 1 Media Release 9 Profit Commentary 17 Financial Statements For personal use only 23 August 2011 TURNAROUND ON TRACK IN A TOUGH MARKET ENVIRONMENT • Demerger of Treasury Wine Estates completed in May 2011 • Experienced new management team with a dedicated focus on beer and cider • Turnaround has addressed fundamental business challenges • CUB market share stabilised correcting a long-term trend of decline • Cost reduction program commenced with $55 million of annual benefit by fiscal 2013 • Final dividend of 13.25 cents per share unfranked • Capital management of at least $500 million OVERVIEW Foster’s has completed the first phase of initiatives to turn around performance, addressing fundamental business challenges and establishing a strong foundation for future growth. Benefits of these initiatives have included improved execution, cost efficiency and a stabilisation of market share during the year. Foster’s Group today reported earnings before interest and tax and before material items of $816.7 million, an 8% decrease on the prior year. The decrease reflects a 6% decline in Australian beer category volume and higher Corporate costs relative to the prior year which included one time benefits. CUB’s EBIT declined 6.2%, in line with the decline in the Australian beer category. However, improved cost efficiency mitigated the impact on CUB earnings and allowed CUB to increase advertising and promotion by more than 4%. Operating cash flow from continuing operations before interest and tax was $872.7 million and cash conversion was 100.4%. Earnings per share from continuing operations before material items fell 8.9% to 25.6 cents. Foster’s declared a final dividend for fiscal 2011 of 13.25 cents per share. The total dividend for fiscal 2011 was 25.25 cents, representing an 83% payout ratio on net profit after discontinued operations but before material items. In addition, the board of Foster’s today announced an intention to undertake capital management For personal use only of at least $500 million in fiscal 2012. Commenting on the results, Foster’s Group CEO John Pollaers said: “This has been a transformational year for Foster’s and I’m pleased to say that the turnaround is on track,” Foster’s Group CEO John Pollaers said today. 1 Foster’s Group Limited Preliminary Final Report 30 June 2011 “The successful demerger of Treasury Wine Estates was completed in May, with the overwhelming support of our shareholders. “Foster’s is now an exciting “new” company with a bright future as a great Australian success story with a focus on beer and cider. That focus is an important point: Foster’s is now able to dedicate all of its considerable financial resources and industry expertise to the beer and cider business. “The initiatives put in place as part of a phased turnaround plan at the beginning of fiscal 2011 have addressed the fundamental business challenges we faced. “The turnaround is by no means complete – we’re well aware of the challenges we still face. But a lot of hard work has been done to get us in shape for the future and I am very pleased with the progress to date. “One of the key wins for us in the past year has been stabilising our market share, correcting a long term trend of decline. The stabilisation of market share reflects strong growth in the on premise channel combined with a more modest decline in the larger off premise channel.” “As a result, CUB’s Australian beer volume decline was in line with the rest of the market, and strong growth in cider sales saw our overall volume just over 5% lower. “The impact of that volume decline was minimised by the tough decisions we made on costs last year. We made a very deliberate decision not simply to cut costs, but also to increase investment in our brands, with advertising and promotion increasing by more than 4%. Among the highlights was Carlton Draught’s 10th consecutive year of growth and increased sales of more than 20% for Carlton Dry. Premium international and craft led the beer category with Fat Yak and Corona ahead in their segments. The cider category continues to grow strongly with CUB retaining the leading cider portfolio led by Strongbow and Bulmers, and innovation with new flavours and brands such as Bulmers Pear and Dirty Granny. Mr Pollaers said that in addition to the efficiencies we’ve already built into the organisation, the cost reduction program we commenced in May will drive additional benefits in 2012 and future years. “The first phase of the program will deliver $55 million of annual benefits by the end of fiscal 2013, with $45 million of benefits in fiscal 2012. “Today we’ve also announced the commencement of a supply footprint review. “The review involves an assessment of the most appropriate long term asset footprint to support the CUB business. We expect to conclude the review within the next six months and it will include a review of all Australian production and logistics sites, and key supplier arrangements.” Meanwhile, success in the Ashwick tax case led to a continuing operations material gain after tax of $551.6 million. Mr Pollaers said that a strong credit profile and proceeds from the Ashwick tax case have led the For personal use only Board to pursue capital management options for the return of at least $500 million to shareholders. “Options being investigated include a capital reduction and share buy back. A capital reduction involves seeking a tax ruling from the ATO, a process that commenced in July, as well as the approval of shareholders”, Mr Pollaers said. 2 Foster’s Group Limited Preliminary Final Report 30 June 2011 FINANCIAL HIGHLIGHTS Continuing Operations Foster’s Group Limited’s (Foster’s) continuing operations result excludes the impact of discontinued wine operations and material items. Foster’s today announced a continuing operations net profit (before material items) of $494.9 million, a decline of 8.7% on the prior year. Continuing operations earnings per share (before material items) was 25.6 cents per share, a decline of 8.9%. Foster’s continuing operations volume declined 5.2% and net sales revenue declined 5.0%. EBIT declined 8.0% to $816.7 million with the key driver being lower Australian beer category volume. Carlton United Brewers (CUB) completed the first phase of initiatives to turn around business performance. The Urgent Agenda has substantially addressed the fundamental business challenges identified at the beginning of the year – execution, capability and portfolio positioning. CUB’s market share stabilised, with total market share including draught and packaged beer the same as the prior period1, ending a long-term period of decline. Strong gains have been made in the critical on premise channel where the benefits of CUB’s improved execution have been most pronounced. The decline in CUB’s off premise market share moderated during the year. Improved off premise market share in the first half was reversed in the second half with CUB remaining disciplined on pricing in the face of increased competitor promotional activity in the June quarter. CUB’s off premise market share in the second half was also impacted by actions taken to protect its brands against below cost selling by some retailers. The key driver of financial performance during the year was a 6% decline in Australian beer category volume¹. Economic uncertainty, lower household disposable income and exceptional weather conditions reduced consumer demand for beer during the year. CUB’s Australian beer volume declined 5.6%, with CUB’s total volume down 5.3%. CUB net sales revenue declined 4.6%. Growth in net sales revenue per case in the second half of 1% was higher than growth for the full year of 0.6%. Net sales revenue per case on domestic beer increased 2.1%, with growth in the second half of 2.3%.
Load more

Recommended publications
  • FACTBOOK 2020 (Updated on August 6, 2020) Contents
    FACTBOOK 2020 (Updated on August 6, 2020) Contents Asahi Group Philosophy Medium-Term Management Policy Soft Drinks Business Asahi Group Philosophy …………………… 2 Asahi Soft Drinks Co., Ltd. ………………………19 Medium-Term Management Policy ………… 3 Sales by Asahi Soft Drinks ………………………20 Domestic Soft Drinks Market Data ……………21 Corporate Data Food Business Company Overview …………………………… 4 Asahi Group Foods, Ltd. …………………… 23 Stock Information ……………………………… 5 Domestic Food Business Market Data … 24 Main Associate Companies ………………… 6 Corporate Governance Structure ………… 7 Overseas Business List of Group Production Facilities ……… 8 Company History ……………………………… 9 Overview of Overseas Business …………… 25 Global Beer Market …………………………… 26 Europe business ……………………………… 27 Financial and Management Indices Europe Beer Market …………………………… 28 Oceania Alcohol Beverages business ……… 29 Consolidated Financial Statements Oceania Alcohol Beverages Market ………… 30 (J GAAP / IFRS) ………………………………… 11 Oceania Non-Alcohol Beverages business … 31 Southeast Asia Beverages business 32 Group Businesses (Malaysia) ……… Asahi Group at a Glance ……………………… 12 Alcohol Beverages Business Asahi Breweries, Ltd. ………………………… 13 Beer-Type Beverages: Sales by Container Type and Market Channel …………………… 14 Sales Volume by Month in 2019 …………… 15 Sales Volume by Month in 2020 …………… 16 Domestic Alcohol Beverages Market Data 17 Liquor Tax ………………………………………… 18 1 Asahi Group Philosophy 2 Medium-Term Management Policy Medium-Term Management Policy Enhancing "Glocal Value Creation Management" based on Asahi Group
    [Show full text]
  • US V. Anheuser-Busch Inbev SA/NV and Sabmiller
    Case 1:16-cv-01483 Document 2-2 Filed 07/20/16 Page 1 of 38 UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA UNITED STATES OF AMERICA, Plaintiff, Civil Action No. v. ANHEUSER-BUSCH InBEV SA/NV, and SABMILLER plc, Defendants. PROPOSED FINAL JUDGMENT WHEREAS, Plaintiff, United States of America (“United States”) filed its Complaint on July 20, 2016, the United States and Defendants, by their respective attorneys, have consented to entry of this Final Judgment without trial or adjudication of any issue of fact or law, and without this Final Judgment constituting any evidence against or admission by any party regarding any issue of fact or law; AND WHEREAS, Defendants agree to be bound by the provisions of the Final Judgment pending its approval by the Court; AND WHEREAS, the essence of this Final Judgment is the prompt divestiture of certain rights and assets to assure that competition is not substantially lessened; AND WHEREAS, this Final Judgment requires Defendant ABI to make certain divestitures for the purpose of remedying the loss of competition alleged in the Complaint; Case 1:16-cv-01483 Document 2-2 Filed 07/20/16 Page 2 of 38 AND WHEREAS, Plaintiff requires Defendants to agree to undertake certain actions and refrain from certain conduct for the purposes of remedying the loss of competition alleged in the Complaint; AND WHEREAS, Defendants have represented to the United States that the divestitures required below can (after the Completion of the Transaction) and will be made, and that the actions and conduct restrictions can and will be undertaken, and that Defendants will later raise no claim of hardship or difficulty as grounds for asking the Court to modify any of the provisions contained below; NOW THEREFORE, before any testimony is taken, without trial or adjudication of any issue of fact or law, and upon consent of the parties, it is ORDERED, ADJUDGED, AND DECREED: I.
    [Show full text]
  • Financial Services Guide and Independent Expert's Report In
    Financial Services Guide and Independent Expert’s Report in relation to the Proposed Demerger of Treasury Wine Estates Limited by Foster’s Group Limited Grant Samuel & Associates Pty Limited (ABN 28 050 036 372) 17 March 2011 GRANT SAMUEL & ASSOCIATES LEVEL 6 1 COLLINS STREET MELBOURNE VIC 3000 T: +61 3 9949 8800 / F: +61 3 99949 8838 www.grantsamuel.com.au Financial Services Guide Grant Samuel & Associates Pty Limited (“Grant Samuel”) holds Australian Financial Services Licence No. 240985 authorising it to provide financial product advice on securities and interests in managed investments schemes to wholesale and retail clients. The Corporations Act, 2001 requires Grant Samuel to provide this Financial Services Guide (“FSG”) in connection with its provision of an independent expert’s report (“Report”) which is included in a document (“Disclosure Document”) provided to members by the company or other entity (“Entity”) for which Grant Samuel prepares the Report. Grant Samuel does not accept instructions from retail clients. Grant Samuel provides no financial services directly to retail clients and receives no remuneration from retail clients for financial services. Grant Samuel does not provide any personal retail financial product advice to retail investors nor does it provide market-related advice to retail investors. When providing Reports, Grant Samuel’s client is the Entity to which it provides the Report. Grant Samuel receives its remuneration from the Entity. In respect of the Report in relation to the proposed demerger of Treasury Wine Estates Limited by Foster’s Group Limited (“Foster’s”) (“the Foster’s Report”), Grant Samuel will receive a fixed fee of $700,000 plus reimbursement of out-of-pocket expenses for the preparation of the Report (as stated in Section 8.3 of the Foster’s Report).
    [Show full text]
  • Beer on Tap BOTTLED BEER
    beer on tap BOTTLED BEER Ales Region ABV ALES Region ABV $ Light Ales Light Ales 4 Pines Pacific Ale NSW 3.5% Coopers Sparkling Ale (375ml) SA 5.8% 8 Furphy Refreshing Ale Vic 4.4% Golden Ales Stone & Wood Pacific Ale NSW 4.4% Kona “Big Wave” Golden Ale (355ml) Hawaii 4.4% 9.8 Wild Yak Pacific Ale WA 4.2% Pale Ales Golden Ales Dad & Dave’s Pale Ale Can (375ml) NSW 4.6% 7.5 4 Pines Draught (Kolsch) NSW 4.6% O’Brien Gluten Free Pale Ale (330ml) Vic 4.5% 10.5 Pale Ales Sierra Nevada Pale Ale (355ml) USA 5.6% 10.5 4 Pines Pale Ale NSW 5.1% Red Ales Balter XPA QLD 5.0% Modus “Former Tenant” Red IPA Can (375ml) NSW 7.8% 15 Coopers Pale Ale SA 4.5% Indian Pale Ales (IPA) Fat Yak Original Pale Ale WA 4.7% Bentspoke “Crankshaft” IPA Can (375ml) ACT 5.8% 11.5 James Squire “One Fifty Lashes” Pale Ale NSW 4.2% Feral “Hop Hog” IPA Can (375ml) WA 5.8% 10.9 Kosciuszko Pale Ale NSW 4.5% Modus Sonic Prayer IPA Can (375ml) NSW 6.0% 11.9 Little Creatures Pale Ale WA 5.2% Brown/Dark Ales Little Creatures XPA WA 4.9% 4 Pines “Nitro” Stout (330ml) NSW 5.1% 8.5 Modus Operandi Pale Ale NSW 5.2% Coopers Best Extra Stout (375ml) SA 6.3% 9.5 Panhead “Quickchange” XPA NZ 4.6% Coopers Vintage 2019 (355ml) SA 7.5% 11.9 Pirate Life Pale Ale SA 5.4% Guinness Draught Cans (440ml) Ireland 4.2% 8.8 Indian Pale Ales (IPA) Negra Modelo (355ml) Mexico 5.4% 8.8 Little Creatures IPA WA 6.4% Brown/Dark Ales WHEAT BEER Tooheys Old Dark Ale NSW 4.4% Blue Moon Belgian White (330ml) USA 5.4% 8 White Rabbit Dark Ale WA 4.9% Erdinger Alcohol Free (330ml) Germany 0.0% 6.5 Erdinger
    [Show full text]
  • Beers & Ciders
    BEERS & CIDERS ON TAP POT PINT Boags Draught 4.2 8.4 Vale Dark Ale 5 9 Guinness 9.5 Orchard Crush James Squire 5 9 Kirin (Japan) 6 (390ml) 10 Little Creatures Pale 5 9 AUSTRALIAN BEER EXPERIENCE SOME OF OUR GREAT CRAFT ᴥ Lick Pier GINGER BEER 9 ᴥ 2Brothers-Kung Foo Rice Lag 8.5 ᴥ Berwicks OWN Berwick Brew 8.5 Moo Brew Dark Ale 9 Prickly Moses Chainsaw Wheat Beer 8.5 2 Birds Sunset Ale 9 White Rabbit White Ale 8 2 Birds Golden Ale 9 Prickly Moses Organic Pilsner 8.5 James Boags Premium Lager 7 White Rabbit Dark Ale 8 Victoria Bitter 7 Bee Sting Honey Wheat Beer 8 Pure Blonde 7 Crown Lager 7 James Squire Golden Ale 8.5 Coopers Sparkling Ale 7 James Squire Sundown Lager 8.5 Carlton Draught 7 Little Creatures Bright Ale 8.5 James Boags Premium Light 6 8 8 IMPORTED BEER TRAVEL THE WORLD WITH EIGHTYONE….. ᴥ Red Peroni-Original (Italy) 9 ᴥ Bavaria Premium Light (Holl) 8.5 Tyskie Polish Beer 500ml Can 13 Quilmes-Argentina's Favorite Beer 7 Trumer Pils (Austria) 9.5 *Erdinger Kristall 10 Stella Artois (Belgium) 9 *Schofferhofer Premium Wheat Beer 10 Leffe Blonde (Belgium) 10 *Weihenstephaner Hefe Weissbier 10 Hoegaarden (Belgium) 9.5 * All from Germany Guinness Draught (Ireland) 9.5 Schloss Eggenberg Irbock Pale Dbl Bock 12 Corona (Mexico) 9 WARNING!!!! 9.6% 1 of the worlds stongest! Asahi (Japan) 9 Schloss Hofen Pils (Czech Beers) 9 CIDER WE HAVE THE BEST AUSTRALIA HAS TO OFFER… ᴥ Flynns Crispy Apple Cider (S 8.5 2 Brothers Gypsy Pear Cider 9 ᴥ The Hills Apple Cider 9 Cheeky Rascal Raspberry & Apple 9 ᴥ Spikey Norman Pear & Apple 8.5 Rekorderlig (Sweden) 12 (see wait staff for flavors) (LkJ) = Low Kilojoules ᴥ = STAFF RECOMMENDATIONS T BEERS …...
    [Show full text]
  • Draught Bottle Beer Ciders Tea & Coffee Sparkling
    DRAUGHT SPARKLING ROTATING CRAFT BEER TAPS VICTORIA RESTLESS REBEL BLANC DE BLANC NV 6.5 29 CHECK OUT NOWTAPPED.COM 3 RAVENS - ESB, Bitter, Smoke Beer (South Eastern Australia) CAVALIER - Brown SEPPELT SPARKLING SHIRAZ 45 BEER OF THE MONTH (Grampians, VIC) CUB - Crown Lager ALPHA PALE ALE HAWTHORN - Amber Ale, Pale Ale, Pilsner, IPA, Golden CHANDON BRUT ROSE NV 49 CARLTON DRAUGHT (Yarra Valley, VIC) HARGREAVES HILL - Stout, ESB, Pale Ale, Golden HILLS CLOUDY APPLE CIDER MORE THAN PETALUMA CROSER NV 45 HOLGATE - Hopinator, Pale Ale, Pilsner, Road Trip, (Adelaide Hills, SA) LAZY YAK 100 AUSTRALIAN CRAFT BEERS Temptress, Norton Lager G.H MUMM CORDON ROUGE NV 79 PURE BLONDE TO DISCOVER! MOUNTAIN GOAT - Hightail Ale, Steam Ale, Summer Ale, (Reims, France) RESCHS Fancy Pants, Surefoot Stout RUBY TUESDAY AMBER ALE TOOBORAC - Gunslinger Pale, Amber Ale WHITE WINE SCHARER’S LAGER TWO BIRDS - Sunset Ale, Golden Ale, Taco, Bantam IPA ST HALLETT RIESLING 8.5 39 VICTORIA BITTER WHITE RABBIT - White Ale, Dark Ale (Eden Valley, SA) TOOTHS PALE ALE BELLVALE PINOT GRIGIO 48 TASMANIA (Gippsland Valley, VIC) CASCADE - Light ROB DOLAN PINOT GRIS 9.5 49 (Yarra Valley, VIC) BOTTLE BEER JAMES BOAGS - Light, Premium ABEL’S TEMPEST SAUVIGNON BLANC 9.5 48 MOO BREW - Pale Ale, Hefeweizen, Dark, Pilsner, Belgo, Single Hop NEW SOUTH WALES (Tasmania) 4 PINES - Pale Ale, Hefeweizen, Stout, Kolsch COLDSTREAM HILLS SAUVIGNON BLANC 48 WESTERN AUSTRALIA BATCH BREWING CO. - American Pale Ale, West Coast IPA (Yarra Valley, VIC) FERAL BREWING - Hop Hog, White Ale, Smoked Porter, ENDEAVOUR - Amber Ale, Pale Ale TYRRELL’S HUNTER VALLEY SEMILLON 8.5 39 Sly Fox, Karma Citra, Boris (Hunter Valley, NSW) HAHN - Super Dry, Premium Light LITTLE CREATURES - Pale Ale, Pilsner, Rogers, Bright Ale CAPE MENTELLE SAUVIGNON BLANC SEMILLON 9.5 45 LITTLE BREWING CO.
    [Show full text]
  • Beer Nutrition
    Beer Nutrition Updated 6th August 2019 Alcohol Carbohydrate Energy Energy Total Sugar Brand %v/v (g/100mL) (kJ/100mL) (cal/100 mL) (g/100mL) Abbots Lager 4.5 2.8 155 37 <0.20 Abbotsford Invalid Stout 5.2 3.8 187 45 0.01 Ballarat Bitter 4.6 2.9 158 38 <0.1 Becks 5.0 3 174 42 0.1 Brisbane Bitter 4.9 3.1 169 40 <0.1 Brookvale Union Ginger Beer 4.0 9.3 249 60 9.1 Budweiser 4.5 3.2 161 39 0.09 Bulimba Gold Top Pale Ale 4.0 3.2 150 36 0.22 Carlton Black Ale 4.4 3.3 161 38 0.25 Carlton Draught 4.6 2.7 155 37 0.07 Carlton Dry 4.5 1.9 139 33 <0.01 Carlton Dry Fusion Lime 4.0 2 130 31 0.16 Carlton Dry Mid 3.5 1.4 109 26 0.1 Carlton Hard 6.5 2.7 199 48 0.21 Carlton Light 2.7 2.7 113 27 <0.1 Carlton Mid 3.5 3.2 138 33 0.06 Carton Cold Filtered 3.5 1.9 117 28 0.05 Carlton Zero 0.0 7 118 28 0.6 Cascade Bitter 4.4 2.4 146 35 <0.1 Cascade Draught 4.7 2.7 158 38 0.14 Cascade Lager 4.8 2.7 161 38 0.01 Cascade Pale Ale 5.0 3 170 41 0.06 Cascade Premium Light 2.6 2.4 103 25 0.02 Cascade Stout 5.8 4.5 213 51 0.03 Corona Extra 4.5 4 176 42 0.2 Crown Lager 4.9 3.2 171 41 0.02 Fosters' Classic 4.0 2.5 138 33 <0.1 Foster's Lager 4.9 3.1 169 40 <0.1 Foster's Light Ice 2.3 3.5 116 28 <0.1 Frothy 4.2 2.4 143 34 0.07 Great Northern Brewing Co Original 4.2 1.7 130 31 0.06 Great Northern Brewing Co Super Crisp Lager 3.5 1.4 112 27 0.06 Hoegaarden White 4.9 3.6 187 45 0.2 Kent Old Brown 4.4 3.2 158 38 <0.1 Matilda Bay Alpha Pale Ale 5.2 4.3 196 47 0.03 Matilda Bay Beez Neez 4.7 2.7 157 38 0.2 Matilda Bay Dogbolter 5.2 5 207 50 <0.1 Matilda Bay Fat Yak 4.7 3.4 169 40
    [Show full text]
  • Bière : Les Quatre Multinationales Qui Se Cachent Derrière Des Centaines De Marques
    Bière : les quatre multinationales qui se cachent derrière des centaines de marques Le Monde.fr | 08.10.2015 à 14h21 • Mis à jour le 08.10.2015 à 17h31 | Par Mathilde Damgé (/journaliste/mathilde- damge/) A l’image de Munich, capitale allemande de la bière, Paris a décidé d’organiser sa première Oktoberfest, qui commence jeudi 8 octobre. Une opération très « marketing » (avec un prix d’entrée à 35 euros), à l’image d’un marché très concentré en dépit des centaines de marques proposées dans les bars, restaurants et grandes surfaces aux quatre coins de la planète . Et la tendance à la concentration pourrait s’accélérer : le numéro deux mondial de la bière SABMiller a rejeté mercredi une nouvelle offre d’achat de plus de 90 milliards d’euros présentée par son rival, le numéro un AB InBev, visant à créer un mastodonte du secteur mariant la Stella Artois et la Pilsner Urquell. Lire aussi : SABMiller rejette l’offre à 92 milliards d’euros du géant de la bière AB InBev (/entreprises/article/2015/10/07/brasseurs-ab-inbev-releve-son-offre-d-achat-sur- sabmiller_4783951_1656994.html) Les quatre leaders mondiaux, AB InBev, suivi de SABMiller, de Heineken et de Carlsberg, brassent près de la moitié de la bière mondiale et exploitent près de 800 marques à eux seuls. Ci-dessous, les marques exploitées par le néerlandais Heineken (18,4 milliards d’euros de chiffre d’affaires en 2012), le belge Anheuser-Busch InBev (29 milliards d’euros de chiffre d’affaires en 2012), le britannique SABMiller (25,42 milliards d’euros de chiffre d’affaires en 2012) et le danois Carlsberg (9 milliards d’euros de chiffre d’affaires en 2012).
    [Show full text]
  • Media Release
    11 August 2021 Farmers raise their glasses to home-grown beers Victorian beer lovers can now enjoy Carlton Draught, Victoria Bitter and other iconic beers knowing they’ve been brewed with 100% Victorian barley purchased direct from local farmers. For the first time in decades, beer brewed entirely with barley sourced straight from Wimmera and Mallee farms is now rolling off the line at the famous Abbotsford Brewery in Melbourne. The major change comes after Asahi Beverages, which owns Carlton & United Breweries, earlier this year removed intermediaries such as bulk grain handlers from the barley supply chain. As part of the new program, farmers get payments that otherwise have gone to the bulk handlers and Asahi Beverages gets clear sight of the growing process to ensure only the best, sustainably grown barley is used. Abbotsford Head Brewer Sarah Laing said: “Barley malt is the heart and soul of our beer and defines its taste, aroma, colour and foam. It’s fantastic Victorians can now enjoy a fresh Carlton Draught, Victoria Bitter or any beer brewed at Abbotsford knowing they’re directly supporting sustainable growing practices and Victorian farmers. “We buy 30,000 tonnes of barley each year for Abbotsford and, barring natural disasters such as a drought, our barley will only be purchased direct from Victorian farms from now on. Fresh, local and delicious, it doesn’t get much better than that!” Barley is one of beer’s four key ingredients along with hops, yeast and water. Under the old model, farmers sold barley grain to bulk grain handlers who stored it all together, meaning grains from potentially hundreds of different farmers were mixed together before they reached Abbotsford.
    [Show full text]
  • House Favourites
    HOUSE FAVOURITES Sex On The Beach 12 Vodka, peach schnapps, cranberry juice, orange juice Elixir 12 Gin, elderflower cordial, apple juice, lift Maliblue 12 Malibu, Blue Curacao, lemon squash Blue Bird 12 For the sweet tooth. In house blend of Midori, Blue Curacao, sprite, fresh lime with few drops of grenadine. Served over ice and garnished with fresh fruits CLASSICS Caipiroska 18 Lime, sugar syrup and vodka Strawberry Daiquiri 18 Bacardi rum, strawberry liquor, sugar syrup and frozen strawberry Mango Daiquiri 18 Bacardi rum, mango liquor, sugar syrup and frozen mango Bloody Mary 18 Vodka, lemon juice, salt, pepper, Tabasco sauce, Worcestershire sauce and tomato juice Bramble 18 Gin, chambord, sugar cane syrup and Sour Mix Aperol Spritz 12 Aperol, prosecco, soda water Cosmopolitan 18 Vodka, triple sec, lemon juice, cranberry juice 18 Long Island Vodka, gin rum, triple sec, lemon juice, sugar syrup, coke Japanese Slipper 18 Midori, cointreau, lemon juice Mojito 18 Rum, mint, lime, sugar syrup, soda water Espresso Martini 18 Vodka, kahlua, espresso Sours/ Ameretto or Whisky 18 Egg white, lemon juice, bitters Margarita 18 Tequila, triple sec,lime, sugar syrup BLACKBIRD CREATIONS Sweet Bitter Love 18 Campari, Aperol, gin, Sour Mix, grenadine and sugar rim Three Hearts 18 Bacardi rum, passionfruit liquor, triple sec, Sour Mix Long Beach 18 Vodka, rum, gin, triple sec, Sour Mix and cranberry juice SPIRITS VODKA Eristoff 9 Belvedere 14 Grey Goose 14 GIN Bombay Dry 9 Bombay Sapphire 12 Tanqueray 12 Hendricks 14 RUM Bacardi 9 Bunderberg 9 Captain
    [Show full text]
  • You Can't Buy HAPPINESS but You Can Buy Which Is Kinda
    You can’t buy HAPPINESS but you can buy mOJITOSwhich is kinda the same thing Drinks The Walkabout Way HAVE A FEW, NOT TOO MANY Classic Cocktails Walkabout Creations Non-Alcoholic You can’t beat a good classic. Some of our creations inspired by the Land Down-under. Keep your cool Glass Pitcher Fishbowl Cocktails KNOW YOUR BOUNDARIES Pina Colada £5.95 £11.95 £15.95 Glass Pitcher Fishbowl A delicious treat without the booze. £2.95 Grab your flip flops and head to Bondi with an exotic and creamy Spiced Berry Colada £5.95 £11.95 £15.95 Pina Colada! A mix of Malibu shaken with the juices of Costa An Aussie twist on the classic drink! Australian Bundaberg Virgin Mojito Rican pineapples and coconut cream. Spiced Rum mixed with Chambord and shaken up with the A non-alcoholic take on the world-famous Mojito juices of Costa Rican pineapples and coconut cream. cocktail! A blend of lime, mint and cane sugar Mojito £6.45 served long with soda. Bondi Peach £5.95 £11.95 £15.95 Still the most popular cocktail in the world, and with good Raging Bull HAVE HEAPS OF FUN reason! Our Mojito is a mix of Bacardi Superior Rum mixed with Bring back a little Bondi beach love with the Walkabout Bondi A tropical blend with an energy hit! A mix of passion limes, mint and a dash of cane sugar. Served over crushed ice. Peach cocktail! We’ll shake up Southern Comfort and Archers Peach Schnapps along with limes, and a dash of sugar and mint.
    [Show full text]
  • For Immediate Release AB Inbev's $71 Billion Hangover It Is One of the Biggest Deals of the Year and Has
    Press Release – For Immediate Release AB InBev’s $71 Billion Hangover It is one of the biggest deals of the year and has sent shockwaves through the brewing industry. The announced acquisition price of US$107 billion paid by AB InBev for SABMiller implies a colossal value of US$120 billion when debt is accounted for. Just US$13 billion of this is made up of tangible assets such as property, plant, machinery. The remaining $107 billion is composed entirely of intangible assets (formulas, recipes, customer relationships, Goodwill and brands) which constitute 89% of the value. Leading brand valuation and strategy firm Brand Finance has examined this massive intangible asset value. Using widely accepted valuation techniques (mirroring AB InBev’s own accounting policies) Brand Finance has estimated the split of different intangible asset types. Brands, as defined by AB InBev, constitute US$32 billion of the total. Other specific identifiable intangibles, such as software, account for approximately US$4 billion. The remainder or ‘hangover’ comes in the form of Residual Goodwill. Goodwill is defined very broadly by AB InBev in its accounting policies and at US$71 billion, Brand Finance’s calculations indicate that it represents 67% of the total intangible asset value and 59% of the total implied value. Ab InBev will no doubt be more than pleased at the success of the deal, but will have to extract huge post acquisition synergies to justify the extraordinary Goodwill figure. It is looking to do just that, targeting savings of $1.4 billion on top of the $1 billion annual savings reported by Alan Clark to SABMiller’s investors last month.
    [Show full text]