Edition:
United States

Brewers

Page 1

Anadolu Efes Q2 net profit slightly rises to 175.1 million lira

Wednesday, 9 Aug 2017 02:53am EDT

Aug 9 (Reuters) - ANADOLU EFES ::REPORTED ON TUESDAY Q2 REVENUE OF 3.76 BILLION LIRA VERSUS 3.09 BILLION LIRA YEAR AGO.Q2 NET PROFIT WAS AT 175.1 MILLION LIRA VERSUS 171.9 MILLION LIRA YEAR AGO.EXPECTS MID-SINGLE DIGITS GROWTH ON A CONSOLIDATED BASIS (PREVIOUSLY: LOW-TO-MID SINGLE DIGIT GROWTH)IN 2017.EXPECTS OUTPERFORM SALES VOLUME IN ALL BUSINESS LINES AND FLATTISH EBITDA ON A CONSOLIDATED BASIS IN 2017.EXPECTS POSITIVE FCF IN BOTH BEER AND SOFT DRINKS IN 2017.

Molson Coors Q2 earnings per share $1.49

Wednesday, 2 Aug 2017 07:00am EDT

Aug 2 (Reuters) - Molson Coors Brewing Co :Molson Coors reports 2017 second quarter results.Q2 non-GAAP earnings per share $1.66.Q2 earnings per share $1.49.Molson Coors Brewing Co - ‍on track to deliver full-year business plans and cost savings​.Molson Coors Brewing Co - qtrly ‍worldwide brand volume increased 2.3% to 26.4 million HL​.Q2 earnings per share view $2.13 -- Thomson Reuters I/B/E/S.Molson Coors Brewing Co - qtrly net sales $3,091.3 million versus $3,109.2 million.Q2 revenue view $3.10 billion -- Thomson Reuters I/B/E/S.Molson Coors - ‍during Q2, recorded non-core net charges of $42.3 million, driven by unrealized mark-to-market losses on commodity hedges & integration costs​.Molson Coors - ‍during Q2, recognized net special charge of $16.5 million, driven by charges related to closure of breweries in U.S., Europe, Canada.

Molson Coors Q2 earnings per share $1.49

Wednesday, 2 Aug 2017 07:00am EDT

Aug 2 (Reuters) - Molson Coors Brewing Co :Molson Coors reports 2017 second quarter results.Q2 non-GAAP earnings per share $1.66.Q2 earnings per share $1.49.Molson Coors Brewing Co - ‍on track to deliver full-year business plans and cost savings​.Molson Coors Brewing Co - qtrly ‍worldwide brand volume increased 2.3% to 26.4 million HL​.Q2 earnings per share view $2.13 -- Thomson Reuters I/B/E/S.Molson Coors Brewing Co - qtrly net sales $3,091.3 million versus $3,109.2 million.Q2 revenue view $3.10 billion -- Thomson Reuters I/B/E/S.Molson Coors - ‍during Q2, recorded non-core net charges of $42.3 million, driven by unrealized mark-to-market losses on commodity hedges & integration costs​.Molson Coors - ‍during Q2, recognized net special charge of $16.5 million, driven by charges related to closure of breweries in U.S., Europe, Canada.

Heineken H1 net profit (beia) up at ‍​1.04 billion euros

Monday, 31 Jul 2017 01:10am EDT

July 31 (Reuters) - HEINEKEN NV ::H1 NET PROFIT (BEIA) EUR ‍​1.04 BILLION VERSUS EUR 977 MILLION YEAR AGO.H1 CONSOLIDATED BEER VOLUME +2.6% WITH GROWTH IN ALL REGIONS.H1 OPERATING PROFIT (BEIA) EUR 1.81 BILLION VERSUS EUR 1.76 BILLION IN REUTERS POLL.H1 REVENUE EUR 10.48‍​ BILLION VERSUS EUR 10.45 BILLION IN REUTERS POLL.HEINEKEN - FOR 2017 ECONOMIC CONDITIONS ARE EXPECTED TO REMAIN VOLATILE AND CONTINUE TO ASSUME A NEGATIVE IMPACT FROM FX VERSUS 2016‍​.HEINEKEN - FOR 2017 EXPECT FURTHER ORGANIC REVENUE AND PROFIT GROWTH.Q2 CONSOLIDATED BEER VOLUME 57.4 MHL VERSUS 60.0 MHL IN REUTERS POLL.WHILST ECONOMIC CONDITIONS ARE LIKELY TO REMAIN VOLATILE, OUR EXPECTATIONS FOR THE FULL YEAR ARE UNCHANGED -CEO.H1 NET PROFIT (BEIA) EUR 1.03 BILLION IN REUTERS POLL.SEES FY 2017 CAPITAL EXPENDITURE RELATED TO PROPERTY, PLANT AND EQUIPMENT SHOULD BE SLIGHTLY BELOW €2 BILLION (2016: €1.8 BILLION.HEINEKEN - SEES CONTINUED MARGIN EXPANSION IN 2017 IN LINE WITH MEDIUM TERM GUIDANCE OF RISE IN OPERATING PROFIT MARGIN OF AROUND 40BPS.Q2 CONSOLIDATED BEER VOLUME AFRICA MIDDLE EAST & EASTERN EUROPE 10.4 MHL VERSUS 10.0 MHL YEAR AGO.HEINEKEN SAYS 2017 CAPITAL EXPENDITURE RELATED TO PROPERTY, PLANT AND EQUIPMENT SHOULD BE SLIGHTLY BELOW €2 BILLION.Q2 CONS. BEER VOLUME AMERICAS 16.9 MHL VERSUS 14.6 MHL YEAR AGO.Q2 CONSOLIDATED BEER VOLUME ASIA PACIFIC 6.4 MHL VERSUS 5.8 MHL YEAR AGO.Q2 CONSOLIDATED BEER VOLUME EUROPE 23.7 MHL VERSUS 23.1 MHL YEAR AGO.HEINEKEN SAYS EXPECTATIONS FOR THE FULL YEAR ARE UNCHANGED.

Heineken H1 net profit (beia) up at ‍​1.04 billion euros

Monday, 31 Jul 2017 01:10am EDT

July 31 (Reuters) - HEINEKEN NV ::H1 NET PROFIT (BEIA) EUR ‍​1.04 BILLION VERSUS EUR 977 MILLION YEAR AGO.H1 CONSOLIDATED BEER VOLUME +2.6% WITH GROWTH IN ALL REGIONS.H1 OPERATING PROFIT (BEIA) EUR 1.81 BILLION VERSUS EUR 1.76 BILLION IN REUTERS POLL.H1 REVENUE EUR 10.48‍​ BILLION VERSUS EUR 10.45 BILLION IN REUTERS POLL.HEINEKEN - FOR 2017 ECONOMIC CONDITIONS ARE EXPECTED TO REMAIN VOLATILE AND CONTINUE TO ASSUME A NEGATIVE IMPACT FROM FX VERSUS 2016‍​.HEINEKEN - FOR 2017 EXPECT FURTHER ORGANIC REVENUE AND PROFIT GROWTH.Q2 CONSOLIDATED BEER VOLUME 57.4 MHL VERSUS 60.0 MHL IN REUTERS POLL.WHILST ECONOMIC CONDITIONS ARE LIKELY TO REMAIN VOLATILE, OUR EXPECTATIONS FOR THE FULL YEAR ARE UNCHANGED -CEO.H1 NET PROFIT (BEIA) EUR 1.03 BILLION IN REUTERS POLL.SEES FY 2017 CAPITAL EXPENDITURE RELATED TO PROPERTY, PLANT AND EQUIPMENT SHOULD BE SLIGHTLY BELOW €2 BILLION (2016: €1.8 BILLION.HEINEKEN - SEES CONTINUED MARGIN EXPANSION IN 2017 IN LINE WITH MEDIUM TERM GUIDANCE OF RISE IN OPERATING PROFIT MARGIN OF AROUND 40BPS.Q2 CONSOLIDATED BEER VOLUME AFRICA MIDDLE EAST & EASTERN EUROPE 10.4 MHL VERSUS 10.0 MHL YEAR AGO.HEINEKEN SAYS 2017 CAPITAL EXPENDITURE RELATED TO PROPERTY, PLANT AND EQUIPMENT SHOULD BE SLIGHTLY BELOW €2 BILLION.Q2 CONS. BEER VOLUME AMERICAS 16.9 MHL VERSUS 14.6 MHL YEAR AGO.Q2 CONSOLIDATED BEER VOLUME ASIA PACIFIC 6.4 MHL VERSUS 5.8 MHL YEAR AGO.Q2 CONSOLIDATED BEER VOLUME EUROPE 23.7 MHL VERSUS 23.1 MHL YEAR AGO.HEINEKEN SAYS EXPECTATIONS FOR THE FULL YEAR ARE UNCHANGED.

Coca-Cola Femsa Sab De Cv Q2 earnings per share 1.07 pesos

Monday, 24 Jul 2017 08:47am EDT

July 24 (Reuters) - Coca-Cola Femsa Sab De Cv ::Coca-Cola Femsa Sab De Cv Q2 earnings per share 1.07 pesos.Coca-Cola Femsa Sab De Cv qtrly total revenue Ps. 50,108 million, up 25.5 percent - SEC filing‍​.Coca-Cola Femsa Sab De Cv - during quarter, Mexico and central America division faced environment of increased inflation and raw material volatility‍​.Coca-Cola Femsa - Heineken informed its decision to terminate relationship for distribution of products, with bottlers of Coca-Cola system in Brazil.

Anadolu Efes Q1 consolidated result swings to loss of 84.9 mln lira

Thursday, 4 May 2017 12:16pm EDT

May 4 (Reuters) - Anadolu Efes ::Q1 consolidated net loss of 84.9 million lira versus profit of 60.3 million lira year ago.Q1 consolidated revenue of 2.43 billion lira versus 1.93 billion lira year ago.Q1 consolidated sales volume up 6.0 percent to 17.5 MHL.Q1 consolidated EBITDA before non-recurring items (BNRI) up 16.7 percent to 295.2 million lira.Expects a positive FCF both for beer business and soft drinks operations for the full year.The political & macroeconomic challenges, affordability issues and tough competition continued into the first quarter of 2017 in Turkey beer operations.

Anheuser busch inbev Q1 total volumes beat Reuters poll

Thursday, 4 May 2017 01:26am EDT

May 4 (Reuters) - Anheuser Busch Inbev SA ::Q1 normalized EBITDA $4.81 billion versus $4.88 billion in Reuters poll.We expect to accelerate total revenue growth in FY17.Combination with SAB: the business integration is progressing well, with synergies of 252 million USD captured during 1Q17.We expect cos per hl to increase by low single digits on a constant geographic basis in FY17.Q1 revenue $ 12.92 billion versus $12.90 billion in Reuters poll.Selling, general and administrative expenses: we expect sg&a to remain broadly flat in FY17.Q1 total volumes 147.9 million hls versus 141 million hls in Reuters poll.Brazil business saw beer volumes growing by 3.4 pct in the quarter.We expect the average rate of interest on net debt in FY17 to be in the range of 3.5 pct to 4.0 pct.Political and macroeconomic environment in Brazil remains challenging and estimate beer industry volumes declined this quarter.Effective tax rate: we expect the normalized ETR in FY17 to be in the range of 24 pct to 26 pct.We expect net capital expenditure of approximately 3.7 billion USD in FY17.We continue to expect dividends to be a growing flow over time, although growth is expected to be modest given the importance of deleveraging..Q1 normalized profit attributable to equity holders $1.46 billion versus $1.77 billion in Reuters poll.

Anadolu Efes to suspend brewing operations in Istanbul as of May 22

Thursday, 20 Apr 2017 02:49am EDT

April 20 (Reuters) - Anadolu Efes ::Decided to suspend its brewing operations located in Merter, Istanbul, which has 15 percent share in total capacity, as of May 22.Says to transfer these operations to other facilities in Adana, Ankara and Izmir.Says the total estimated employment termination benefits for all of employees in our Merter plant amounts to 14 million lira ($3.82 million).This decision was taken considering the environmental and logistic effects of company's factory that remains in the city center after urbanization.Says to consider the options about the land where the Istanbul factory is located.

Chongqing Brewery to sell stake and creditor's rights in two units

Thursday, 23 Feb 2017 02:36am EST

Chongqing Brewery Co Ltd <600132.SS>:Says it to sell stake and creditor's rights in two Anhui-based units to a food firm.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary