Friday, October 20, 2017 3:25:38 PM
1st time on I-hub a joint DD, good job guys
Heineken booked more profit in 2016 Especially in Asia and South America, beer sales, especially Mexico and Vietnam, increased.
February 15, 2017
Photo Eric Gaillard / Reuters
Beer manufacturer Heineken made profits worldwide in 2016 and increased sales. Revenues rose 1.4 percent to 20.8 billion euros last year, compared to 20.5 billion euros last year, as evidenced by the annual figures presented by the company on Wednesday.
Beer sales increased by 188 million hectoliters last year to 200 million hectoliters by 3 percent. Autonomous growth was 4.8 percent, which last year was 3.5 percent. Net profit rose 2.5 percent to almost 2.1 billion euros.
Especially in Asia and South America, beer sales, especially Mexico and Vietnam, increased. In Asia, beer sales even increased by almost 18 percent. In Africa, the Middle East and Russia, on the other hand, it went a lot less well, especially with sales in Nigeria and the Democratic Republic of Congo. Heineken's largest market is still Europe, with a 0.7 percent growth.
Acquisitions
Heineken also expects to do good business in 2017, partly due to planned acquisitions in Brazil and the United Kingdom. This week it was known that Heineken wants to take over the activities of Japanese beer brewer Kirin in Brazil. If this acquisition continues, Heineken will be Brazil's second beer producer. Heineken also made a bid on the British publicly listed Punch Taverns pub chain last year.
In a statement, Heineken topman Jean-François van Boxmeer speaks of "strong results". According to Van Boxmeer, Heineken succeeds in staying successful because of a wide range of services. The spread around the world also makes it possible to catch disappointing results in Africa and Russia.
osu78OnFire Member Level Friday, 10/20/17 01:41:35 PM
Re: Trademanager post# 99283
Post # of 99297
Oh they are involved alright
This shows you who actually owns Mendocino and Saratoga breweries
http://www.mensjournal.com/food-drink/drinks/is-that-really-craft-beer-21-surprising-corporate-brewers-20150923
this shows you that Heineken first grabbed a stack in United Breweries in
http://www.firstpost.com/business/usl-sells-united-breweries-stake-to-heineken-will-mallya-lose-kingfisher-maker-too-2331298.html
this shows you that they increased that stake later that same month
http://www.forbesindia.com/article/special/heineken-buys-more-shares-of-vijay-mallyas-united-breweries/40645/1
hmmm 2 years ago, and no dd I can find that says Heineken dumped these shares so....
Stowe Friday, 10/20/17 02:09:52 PM
Re: Trademanager post# 99283
Post # of 99297
Heineken UK involved until 2018. From 10-q.
"All of the Company’s beers sold in Europe (except for beers sold in Germany) are procured under a contract with Heineken UK Limited (“HUK”).
This contract expires in October All of the Company’s beers sold in Europe (except for beers sold in Germany) are procured under a contract with Heineken UK Limited (“HUK”).
This contract expires in October 2018. KBEL is the distributor of Kingfisher Premium Lager to specialty restaurant trade distributors, liquor and convenience stores in the United Kingdom, Ireland, and continental Europe, but does not physically distribute the Company’s products to customers. KBEL relies on HUK for distribution of the product in Europe in exchange for a fee paid to HUK, except for in Germany where beers are manufactured and distributed pursuant to a separate contract with a different entity.
In addition, HUK has the exclusive right to sell Kingfisher Premium Lager, for a royalty fee payable to KBEL, to certain large retail customers, including, but not limited to, Sainsbury’s, Asda, and Tesco. .
KBEL is the distributor of Kingfisher Premium Lager to specialty restaurant trade distributors, liquor and convenience stores in the United Kingdom, Ireland, and continental Europe, but does not physically distribute the Company’s products to customers.
KBEL relies on HUK for distribution of the product in Europe in exchange for a fee paid to HUK, except for in Germany where beers are manufactured and distributed pursuant to a separate contract with a different entity. In addition, HUK has the exclusive right to sell Kingfisher Premium Lager, for a royalty fee payable to KBEL, to certain large retail customers, including, but not limited to, Sainsbury’s, Asda, and Tesco. "
Crybaby2 Friday, 10/20/17 02:20:39 PM
Re: osu78OnFire post# 99286
Post # of 99298
What I find odd is that, according to this...
https://www.thedrinksbusiness.com/2017/04/heineken-calls-for-mallya-to-quit-united-breweries/
...Heineken IS playing an active role concerning United Breweries. Or trying to. However, according to this...
https://marketexclusive.com/mendocino-brewing-company-inc-otcmktsmenb-files-an-8-k-entry-into-a-material-definitive-agreement-7/2017/07/
...Heineken didn't seem to have gotten involved with the financial woes of Mendocino Brewery. So Mendocino had to seek out funding for themselves. And Vijay Mallya appears to be chairman of BOTH United Breweries and Mendocino Brewery.
https://www.otcmarkets.com/stock/MENB/profile
So, if Mallya resigns, or whatever, might that possibly have a negative (or positive) effect on Mendocino Brewery and, of course, ultimately Tiger Hemp Beer? Just wondering. (Yeah, I know "time will tell". Just something I wanted to post is all).
MDPennyPlayer Friday, 10/20/17 02:33:34 PM
Re: None
Post # of 99299
The important thing about Mendocino Brewery. They have the capacity to run large quantities and the facilities to bottle and distribute.
"current production of about 75,000 barrels (over one million cases)"
Calvin Hobbes Friday, 10/20/17 02:49:35 PM
Re: Stowe post# 99290
Post # of 99299
OUR NEW HEMP BEER BREWING PARTNER IN CALIFORNIA
\
Proof Mendocino Brewing — United Breweries Group owned by Heineken
https://en.wikipedia.org/wiki/United_Breweries_Group
Lets follow the trail to see who the REAL owners are..
http://www.mensjournal.com/food-drink/drinks/is-that-really-craft-beer-21-surprising-corporate-brewers-20150923
Faux and Formerly Craft Breweries and Their Owners
Mendocino Brewing — United Breweries Group
https://en.wikipedia.org/wiki/United_Breweries_Group
then read
http://www.firstpost.com/business/usl-sells-united-breweries-stake-to-heineken-will-mallya-lose-kingfisher-maker-too-2331298.html
The company markets beer under the Kingfisher brand,
USL sells United Breweries stake to Heineken: Will Mallya lose Kingfisher brewer too?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135571026
Mendocino will be an amazing partner for NSAV and surely benefit all NSAV shareholders.
https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=110794&p=MENB
Blue Candy Brewery photo $NSAV China Partner
https://translate.google.com/#zh-CN/en/%E8%93%9D%E7%B3%96%E6%9E%9C%E5%95%A4%E9%85%92%E5%8E%82
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135531405
$$$$$$$$$$$$$NSAV$$$$$$$$$$$$
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-What I say in my posts are strictly my opinions.
-So do your own DD (Due Diligence) and take your own decisions.
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