Which numbers shall we trust? On 28 July 2016, the leading drinks group Diageo reported like-for-like sales for the 12 months to 30 June 2016 that were 2.8 percent higher than the previous year, reversing a two-year trend in which growth was broadly flat because of a slowdown in emerging markets.
Perhaps it was a mistake to club Africa, the Middle East and eastern Europe into one unit. All these markets appear to be in trouble. Heineken reported on 1 August 2016 that second-quarter beer volumes dipped 5.9 percent on an organic basis across Africa, the Middle East and eastern Europe, hurt by a weakening environment in Russia and Nigeria, where low oil prices and falling currencies are denting growth.
The good news is: The world’s largest brewer said on 4 August 2016 it would continue to be headquartered in Leuven, Belgium, while its global management team, including CEO Carlos Brito and Chief Financial Officer Felipe Dutra, would continue to work out of New York.
Carlsberg plans to build a new brewery in Hamburg
Long time, no hear regarding AB-InBev’s divestment of its central and eastern European assets, announced in April 2016. But at the end of July 2016 media reported that several US and European buyout funds are putting together bids, with some seeking to join forces to snap up assets worth up to EUR 7 billion (USD 7.7 billion).
Hello, what’s happened to risk? Why should AB-InBev have to compensate SABMiller’s shareholders for the UK’s droopy currency?
It’s an interesting name for a microbrewery: 32 Via dei Birrai. It reads like an address (32 Brewers Street), but 32 actually refers to the Nice Classification, an international system of classifying goods and services for the purpose of registering trademarks, where beer is listed as class number 32. It may appear a bit long-winded, however for a brewery that claims to give a new definition to tradition and provide “a new language for the boundless scenario of the brewery sector”, this is probably just as well.
Twenty years after the first Brew-on-Premises (BOP) shops opened up in parts of Switzerland and the U.S. – before quickly declining – the concept is enjoying a revival.
How does a craft brewer spoil himself for his 50th birthday? Answer: He builds himself another brewery. Sweden’s major craft brewer Oppigards, owned by husband and wife team Björn and Sylvia Falkeström, is currently putting the finishing touches to a second brewery which is to go on stream in early September. Mr Falkeström’s birthday is in early October.
Taking a break from writing the definitive book on his Beer Monopoly, the French beer economist Germain Hansmaennel celebrated his 70th birthday on 5 July 2016 in Strasbourg. It was a lavish party for over 100 people, among whom were representatives from the hop merchant Barth Haas Group and the Tucher brewery as well as his two co-authors.