26 Scandinavian Brewers' Review . Vol.65 No.3 2008
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Quarterly Report Q2/2018
Quarterly Report Q2 2018 Contents Message from the CEO ....................................................................................... 3 Key figures Q2 2018............................................................................................ 4 Highlights Q2 2018 ............................................................................................. 5 Half-year review ................................................................................................. 6 Wine: Revenue growth, but negative FX-effect .................................................. 8 Spirits: Flat revenue, lower margins ................................................................... 9 Distribution: Increased revenue & market share .............................................. 10 Financial position and other information ......................................................... 11 Group consolidated accounts ........................................................................... 12 Notes ............................................................................................................... 17 Contact information ......................................................................................... 32 Message from the CEO We are pleased to see continued growth in reported revenue for two of our three business segments, Wine and Distribution. Wine benefitted from strengthened portfolios and increased demand, while Distribution benefitted from strong demand. For the third business segment, Spirits, reported revenue was nearly -
Fjn 2007 SPA 01 038:Fjn 2007-SPA 01-038
Explore Fjord Norway 39 Páginas amarillas – contenido Transporte 41 Mapa ______________________ 40 Barcos rápidos ________________ 42 Ferrocarriles __________________ 44 Comunicaciones aéreas __________ 41 La Línea Costera Hurtigruten ______ 42 Carreteras de peaje ____________ 44 Transbordadores del Continente Transbordadores________________ 42 y de Gran Bretaña ______________ 41 Autobuses expresos ____________ 44 Información de viajes 45 Algunas ideas para la Noruega Lugares para vaciar caravanas Cámpings ____________________46 de los Fiordos ________________ 45 y autocaravanas ________________45 Información práctica ____________46 En coche por la Noruega Carreteras cerrados en invierno ____46 Temperaturas __________________47 de los Fiordos __________________45 Rutas donde se pueden dar tramos Impuesto del pescador __________47 El estándar de las carreteras ______ 45 de carretera estrecha y sinuosa ____46 Albergues juveniles Leyes y reglas ________________ 45 Alojamiento __________________46 en la Noruega de los Fiordos ______48 Límites de velocidad ____________45 Tarjeta de cliente de hoteles ______46 Casas de vacaciones ____________48 Vacaciones en cabañas __________46 Møre & Romsdal 49 Información general de la provincia 49 Kristiansund - Nordmøre ________ 51 Geirangerfjord - Trollstigen ______ 53 Molde & Romsdal - Trollstigen - La Ålesund - Sunnmøre ____________ 52 Carretera del Atlántico __________ 50 Sogn & Fjordane 55 Información general de la provincia 55 Balestrand ____________________ 62 Fjærland ______________________64 Stryn -
Arcus-Gruppen Acquires Aalborg and Other Nordic Spirits Brands
Ratos AB (publ), Drottninggatan 2 Box 1661 SE-111 96 Stockholm Org nr/Corp. Id. no. SE 556008-3585 Tel +46 8 700 17 00 Fax +46 8 10 25 59 P R E S S R E L E A S E 13 July 2012 This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules. Arcus-Gruppen acquires Aalborg and other Nordic spirits brands Arcus-Gruppen has signed an agreement to acquire the brands Aalborg, Brøndums, Gammel Dansk and Malteser from Pernod Ricard. The purchase price (enterprise value) amounts to EUR 103m. The acquisition is subject to approval from the relevant authorities. Arcus-Gruppen is Norway’s leading spirits company and the largest wine supplier in the Nordic region through Vingruppen, Vinordia, Excellars and Arcus Wine Brands. The group’s brands include Braastad Cognac, Linie Aquavit, Løiten and Vikingfjord Vodka. Production and bottling take place in Gjelleråsen, just outside Oslo, and the company has 470 employees. Arcus-Gruppen’s sales in 2011 totalled NOK 1,789m and operating profit (EBITA) amounted to NOK 126m. Ratos’s CEO, Susanna Campbell, comments: “Arcus-Gruppen has achieved strong growth in the wine segment in Sweden and Norway in recent years and is today the largest wine supplier in the Nordic region. We are now taking the next step and strengthening the portfolio of spirits brands as well. This is a strategically significant acquisition which will considerably increase Arcus-Gruppen’s size and market presence within the spirits segment.” The acquired operations comprise the brands Aalborg, Brøndums, Gammel Dansk and Malteser as well as a production facility in Aalborg, Denmark. -
Exporter Guide Norway
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 3/1/2018 GAIN Report Number: NL8008 Norway Post: The Hague Exporter Guide Report Categories: Beverages Dried Fruit Exporter Guide Fishery Products Raisins Retail Foods Snack Foods SP1 - Expand International Marketing Opportunities Special Certification - Organic/Kosher/Halal Tree Nuts Wine Approved By: Susan Phillips Prepared By: Marcel Pinckaers Report Highlights: This exporter guide provides practical tips for U.S. exporters on how to conduct business in Norway. Although a small market, Norway relies heavily on imports. There are export opportunities for U.S. exporters of specialty foods, wine, craft beer, seafood, tree nuts, food preparations and dried fruit. Especially well-known brands and products from the United States fare well in this affluent market. Introduction Norway is located in Northern Europe and is a part of the Scandinavian Peninsula. The majority of the country shares a border to the east with Sweden while its northernmost region is bordered by Finland to the south and Russia to the east. Norway's extensive coastline is facing the North Atlantic Ocean and the Barents Sea. Map of Northwest Europe With 324 thousand square kilometers, Norway belongs to the top ten largest countries in Europe. Norway is also one of the most sparsely populated countries in Europe and has a coastline ten times its length. Norway’s population is 5.2 million and the vast majority live in urban areas. Almost one million people live in its capital Oslo. -
Beer Festival in Time for Summer’S TT, Congratulations to the Region’S Breweries for Another Great Champion Beer of Britain Showing
FROM THE EDITOR There’s good news and bad news... In news that literally just landed from the Great British Beer Festival in time for summer’s TT, congratulations to the region’s breweries for another great Champion Beer of Britain showing. Gold in the ‘Specialist’ category went to Colchester Brewery’s Brazilian Coffee and Vanilla Porter, while silvers went to Mighty Oak’s Captain Bob and Bishop Nick’s 1555 in the ‘Bitter’ and ‘Best Bitter’ categories respectively. Well done to all concerned for the considerable effort involved in even getting to GBBF, never mind doing the day job at the same time! Unhappier tidings are that Chelmsford’s Round Tower is no more. An eleventh-hour plan by a local publican to buy out the brewery as a going concern didn’t come to pass, and we say thanks and goodbye to Simon and Hannah Tippler for some very tasty brews over the last few years. Further on the ‘Breweries Missing in Action’ theme, Felstar are taking a pause from production but are expecting to be back before 2020, according to Franco (via BLO Chris Mills). Seasons in the sun Some of my happiest memories are of the endless summer of ‘76, legendary for its dryness and heat. Summer 2018 is well on its way to surpassing ‘76, and what a summer beerfest we had, never thinking what the weather would be each day... Don’t forget that we also have a winter festival in February, and are recruiting now for management posts. Interested? Get in touch with WBFO Paul Murrell at [email protected]. -
Ship-Breaking.Com Information Bulletins on Ship Demolition, # 8 - 11 from January 1, to December 31, 2007
Ship-breaking.com Information bulletins on ship demolition, # 8 - 11 from January 1, to December 31, 2007 Robin des Bois 2008 Press release January, 24th 2008 Global Statement 2007 of Shipping Vessels Sent to Demolition For the 2nd consecutive year, Robin des Bois has been studying in detail the reality of the ship breaking market. The mobilisation and the analysis of about thirty diverse and specialised bibliographical sources made it possible to establish an inventory of the vessels sent to be demolished in 2007. In 2006, Robin des Bois tallied 293 vessels sold for demolition. In 2007, we listed 288 of them. If this decline in demolished vessels is modest (-2%), it is a little more significant with regard to the total weight of recycled metals: 1.7 million ton in 2007 against 1.9 million in 2006 (-10%). The situation differs however according to the category of ships considered: the number of tankers (oil tankers, chemical tankers, gas carriers) dismantled in 2007 increased by almost 30 % compared with 2006 whereas that of the bulk carriers and other general cargo ships decreased by almost 40 %; the average age of the tankers sent to demolition is 29 years, the average age for all the vessels is 31 years, the average age of bulk carriers 34 years. Of the 288 vessels, 95 (33 %) were under a European flag or belonged to ship-owners established in the European Union or members of the European Association of Free Exchange (EFTA) or members of the principalities like Monaco. Not one of the international exchanges linking these European ship-owners to non-European demolition sites were preceded by any asbestos removal. -
Medway Beer Belly No. 82
FREE DWA E Y M Beer Belly Winter 2017 Issue 82 The FREE magazine issued by the Medway Branch of CAMRA ANCHORS AWEIGH! IT’S TIME TO HEAD BELOW DECKS WITH MEDWAY’S NEWEST BREWERY www.medway.camra.org.uk Medway Camra @medwayCamra 22 STATION ROAD, STROOD Regular Live Music Pool League & Table Real Ales change weekly Live Sports on 5 HD Screens Premium beers, wines & spirits Beer Garden with heated Smoking Shelter Children & Dog friendly Open 7 days a week www.facebook.com/steampacketpub 22 STATION ROAD, STROOD, KENT, ME2 4BG, 01634 718195 MEDWAY BEER BELLY NO 82 WINTER 2017 Published Quarterly by the Medway Branch of the Campaign for Real Ale Ltd. (CAMRA). Circulation - 2,250 © 2017 Medway CAMRA. CONTENTS Editor: Ben Gurney E-Mail: [email protected] Index / Branch Details ............................................................................... 3 All contributions to this magazine are Editorial ........................................................................................................... 4 made on a voluntary basis. Branch Diary / Pub Events and Beer Festivals ................................. 5 Views expressed by contributors and Pub News ........................................................................................................ 7 advertisers do not necessarily reflect those Breweries Update / Member Discounts............................................... 8 of the editor, CAMRA or any of its officials. Double Success For The Past & Present Micropub.......................... 10 Branch Details: Reflections -
Arcus Acquires Strategic Brands
Ratos AB (publ), Drottninggatan 2 Box 1661 SE-111 96 Stockholm Org nr/Corp. Id. no. SE 556008-3585 Tel +46 8 700 17 00 Fax +46 8 10 25 59 www.ratos.se PRESS RELEASE 18 December 2008 This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules. Arcus acquires strategic brands Ratos’s subsidiary Arcus has concluded an agreement with Pernod Ricard to acquire the brands Grönstedts Cognac, Star Gin, Red Port and Dry Anis. Arcus Gruppen is Norway’s leading wine and spirits supplier. The company was formed in 1996 on the initiative of the Norwegian government and privatised in 2001. The group’s best-known brands include Linie Aquavit, Braastad Cognac, Vikingfjord Vodka, Hammer Gin and Upper Ten Whisky. The Swedish wine agency Vingruppen was acquired at the end of 2006. The number of employees is approximately 460. “Acquisition of these four brands will give Arcus Gruppen a stronger presence in Sweden as well as an opportunity to grow in Finland. The deal will also generate significant synergy gains in the Norwegian product portfolio,” says Arcus Gruppen’s CEO Jan Tore Føsund. The four brands are market leaders in their respective product areas and had combined sales of approximately SEK 54m in 2007. The deal will provide Arcus Gruppen with significant additional earnings. “It is positive that Arcus has this opportunity to acquire these four strategic brands which fit in very well with our efforts to build a Nordic platform within wine and spirits,” says Leif Johansson, Investment Director Ratos. -
Annual Report 2013 2013 Highlights
Annual Report 2013 2013 highlights Significant events during the year Steady improvement in the holdings Acquisition of Aibel, HENT and Nebula, merger of SF Bio and Finnkino and add-on investment in Jøtul Stofa divested – IRR 54% Contex divested – IRR -16% Preference share issue carried out Results Data per share 1) SEKm 2013 2012 2011 2010 2009 SEK per share 2013 2012 2011 2010 2009 Profit/share of profits 602 -29 546 1,419 1,295 Earnings after tax 2) 2.13 1.90 1.63 7.09 2.66 Exit gains 895 978 525 1,320 Equity 3) 38 39 43 47.50 48 Revaluations and Dividend 2) 3.00 4) 3.00 5.50 5.25 4.75 impairment -308 -375 -312 140 Dividend yield, % 5.2 4) 4.8 6.8 4.2 5.1 Profit from holdings 1,189 574 759 2,879 1,295 Total return, % -2 -17 -32 40 47 Central income and Market price 58.15 62.50 80.75 124.50 92.50 expenses -106 193 101 -11 80 Market price/equity, % 153 160 188 262 193 Profit before tax 1,083 767 860 2,868 1,375 1) Applicable historical figures are recalculated taking into account the split in 2011. Equity 13,778 12,353 13,658 15,091 15,302 Refers to B share unless otherwise stated. 2) Per ordinary share. 3) Equity attributable to owners of the parent with deduction for total Preference capital divided by the number of outstanding ordinary shares at the end of the period. 4) Proposed dividend. -
Rusmidler I Norge 2008 Alcohol and Drugs in Norway
Statistikk Rusmidler i Norge 2008 Alcohol and Drugs in Norway Alkoholpolitikk i kommunene Alcohol Policy in the Municipalities Redaktør (Editor): Anders Bryhni Redaksjonsutvalg (Editorial group): Anne Line Bretteville-Jensen, Elin K. Bye, Ragnar Hauge, Sturla Nordlund, Hege C. Lauritzen og Astrid Skretting Utgitt av: Statens institutt for rusmiddelforskning Produced by: Norwegian Institute for Alcohol and Drug Research Design og trykk (print): www.07.no ISBN 978-82-7171-317-1 SIRUSIRUSS Norwegian Institute for Alcohol and Drug Research 2 Rusmidler i Norge 2008 • Alcohol and Drugs in Norway 2008 Forord Med dette heftet presenterer Statens institutt for nordisk alkoholpolitikk i et EU-perspektiv, i rusmiddelforskning (SIRUS) statistiske oppgaver 2004 Narkotika og behandling, og i 2006 ”Det om alkohol og andre rusmidler. Tallmaterialet er norske drikkemønsteret – under endring?”. hentet fra offentlig statistikk og spesialunder- søkelser. De talloppgavene som presenteres her er en del av de opplysninger som finnes i instituttets sta- Rusmidler i Norge 2008 er det 20. hefte i en serie tistiske databaser. På en del områder finnes lange av årlige utgivelser. Inntil 2000 ble heftet utgitt i tidsserier og mer detaljer, som er for utførlige til samarbeid mellom Rusmiddeldirektoratet og å tas med i nåværende publikasjon. Disse er til Statens institutt for alkohol- og narkotikafors- dels publisert tidligere, og de som måtte ønske kning (SIFA). Som følge av reorganiseringen av slike opplysninger henvises til tidligere utgaver det statlige arbeidet på rusmiddelfeltet, ble SIFA av Rusmidler i Norge, særlig til utgaven i 1991. og dokumentasjonsseksjonen i direktoratet fra 1. Alle tabeller er også lagt ut i vår nettbaserte sta- januar 2001 slått sammen til et nytt institutt, SI- tistikkdatabase - RusStat: http://statistikk.sirus. -
A New Home for Arcus
A new home for Arcus Producing and processing ten million litres of spirits and ten million litres of wine in one and the same facility: that was the challenge involved for the new greenfield plant of Arcus, the market leader for spirits in Norway. From raw-material and product reception all the way through to the bottling interface, Krones took overall responsibil- ity for the entire installation. The plant handles 124 different products: not only wine, but also 40 to 96-per-cent alcoholic beverages und raw materials are in the ATEX area accepted, stored, and mixed to create intermediate and finished beverages. Minimal losses, maximised accuracy, the lowest possible costs and compliance with a tight time schedule: these were the group’s stipulations. magazine 3.2012 | 58 magazine 3.2012 | 59 from the spirits field | n the year of 1805, a brig set sail from Nor- nonsense, but for two centuries now authentic way bound for Indonesia and Australia, with reality for Linie Aquavit, designed to guarantee a cargo including five casks of aquavit. But the inimitable taste. Idown under the customers were not overly en- thusiastic about the taste of this potato-based schnapps. So the casks were homeward bound Arcus: from a state-owned company to a again to Norway. The ship’s outward and return private enterprise voyages took two years in all. Once they had ar- Linie Aquavit is indeed one of the Arcus Group’s rived in Norway, they revealed an unprecedented major spirits brands, but is only one of many. Fol- richness of taste and an overwhelmingly seduc- lowing Norway’s long and turbulent history of tive aroma. -
The Contribution Made by Beer to the European Economy the Contribution Made by Beer to the European Economy
The Contribution made by Beer to the European Economy The Contribution made by Beer to the European Economy Marjolein Brink Siegnaida Gosepa Geerten Kruis Elske Oranje Matthijs Uyterlinde Bram Berkhout Walter de Wit Amsterdam, September 2011 A report commissioned by The Brewers of Europe and conducted by Ernst & Young Tax Advisors and Regioplan Policy Research © Published September 2011 4 The Contribution made by Beer to the European Economy Table of contents Table of contents 5 Table of contents Foreword by the President of The Brewers of Europe 6 Executive summary 8 About the study 10 01 The European beer market 12 02 Government revenues 20 03 Value added 28 04 Employment 32 05 Purchases made by breweries 38 06 Agricultural products 42 07 Major developments 46 08 Austria 52 09 Belgium 58 10 Bulgaria 64 11 Croatia 70 12 Cyprus 76 13 Czech Republic 82 14 Denmark 88 15 Estonia 94 16 Finland 100 17 France 106 18 Germany 112 19 Greece 118 20 Hungary 124 21 Ireland 130 22 Italy 138 23 Latvia 144 24 Lithuania 150 25 Luxembourg 156 26 Malta 162 27 The Netherlands 168 28 Norway 176 29 Poland 184 30 Portugal 192 31 Romania 200 32 Slovakia 208 33 Slovenia 216 34 Spain 222 35 Sweden 230 36 Switzerland 238 37 Turkey 244 38 United Kingdom 252 Annex I Methodology and scope 262 Annex II Data sources 264 Annex III Variables and estimates 268 Annex IV Exchange rates 274 Annex V Indexation 276 Annex VI Glossary 278 Annex VII Country abbreviations 282 Annex VIII Acknowledgements 284 Annex IX Contact information 286 6 The Contribution made by Beer to the European Economy Foreword by the President of The Brewers of Europe Foreword by the President of The Brewers of Europe 7 Foreword by the President of The Brewers of Europe It gives me great pleasure to However, it is all too apparent that global economic commend to you this important recovery remains fragile and it is essential to nurture those study.