News Focus
News Focus
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FUNMAN

11/09/17 9:29 PM

#245 RE: Ross92 #244

If the market recovers from the Republican right hand turn on a tax package, BUD will rise. People and businesses just want some certainty.

I don't know what's happening with that. It took a lot of people by surprise.
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FUNMAN

11/09/17 10:12 PM

#246 RE: Ross92 #244

Accra Brewery reinforces commitment to investing in a growing World

Thursday, 9 November 2017

Accra Brewery Limited (ABL) has donated 20 cartons of each of the brands it produces towards the 33rd National Farmers Day celebration. This reinforces its commitment to investing in a Growing World where everyone has the opportunity to improve their livelihood.

Brands in the package comprised CLUB Premium Lager, CLUB Shandy, Eagle Lager, Castle Milk Stout, Chairman Bitters, and non-alcoholic beverage, Beta Malt. This year’s donation complements the company’s Eagle Farmer Project, which provides small-holder farmers and their communities with solar-powered furrow-irrigation systems to ensure reliable access to water all year-round.

ABL’s Commitment to Farmers

ABL has been consistent in its support of the National Farmers Day celebration since its inception 33 years ago.

Now empowered by its parent company, Anheuser-Busch InBev, the world’s leading brewer, to invest in a Growing World where everyone has the opportunity to improve their livelihood, ABL’s support has evolved, taking on new life and purpose as it personally touches the lives of small-holder farmers.

Making the presentation of the donation to the Ministry of Food and Agriculture (MoFA) through Hon. Nurah Gyele, Minister of State at the MoFA and chair of the National Farmers’ Day Planning Committee, Mr. Richard Eghan, ABL’s Plant Manager, said it is the company’s desire ‘to help create a world where land is used responsibly, food supply is secure, biodiversity is protected, and crops to feed our Plant can be accessed at reasonable prices’.

‘For us, this means going beyond our core business of brewing quality, great-tasting beverages, to actively ensuring those upon whom we depend for brewing crops such as maize and cassava, are capable of doing so. That is why we have evolved past merely supporting the Farmers’ Day celebrations, to changing the fortunes of farmers themselves through our Eagle Farmer Project (EFP)’.

He continued that ‘through the EFP, we have built solar-powered furrow irrigation systems for communities in the Volta, Western, and Upper East regions, to supplement erratic rain-fed agriculture. We have, thus far, directly impacted over 1, 700 persons, and are on course to impacting 30,000 more across the country by 2020. Our purpose is simple yet profound: to provide a much-needed reprieve from the financial burdens that plague our small-holder farmers’, he concluded.

ABL, now a subsidiary of Anheuser-Busch InBev (ABInBev), the world’s leading brewer, currently brews beverages whose production relies heavily on local raw materials. These brands are Eagle Lager (cassava); CLUB Shandy (maize) and Ghana’s number one selling beer, CLUB Premium Lager (maize).

National Farmers’ Day

Government has set aside the first Friday of December each year to celebrate and award hard working farmers for their invaluable contribution to the economy in the area of food production.

Dr. Nurah Gyele expressed government’s gratitude to ABL for its unwavering support to farmers in the country since the inception of the awards scheme.

It was in honour of this unflinching loyalty that ABL was awarded a MoFA certificate in recognition of its outstanding contribution to agriculture in Ghana.

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FUNMAN

11/10/17 9:34 PM

#247 RE: Ross92 #244

Overall beer market to see lower volumes, but craft should enjoy 5 to 6 percent growth, report says

* The Brewers Association projects U.S. craft beer will generate 8 or 9 percent sales growth this year, below the 10 percent pace clocked in 2016.

* The craft market's volume growth is forecast to 5 to 6 percent higher this year, although far from the double-digit pace of the previous decade.

* Still, craft's volume growth compares favorably with a decline forecast this year in the overall beer category, according to a Susquehanna report.

* There are also "signs that the second half of the year has been a little bit better than last year," says the brewer trade group's economist.

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FUNMAN

11/13/17 9:09 AM

#248 RE: Ross92 #244

BUD - changes in the C-Suite could spur the PPS.

This reads to me like BUD will not stand idly by while U.S. sales keep declining. This is very encouraging, because fixing the U.S. fixes the whole company.



Anheuser-Busch InBev Appoints Michel Doukeris Zone President North America, CEO of Anheuser-Busch

Experienced Commercial Leader has Consistently Delivered Topline Growth in Transforming AB InBev Businesses Worldwide

Brussels, 13 November 2017: Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB)(JSE: ANH) announced today that Michel Doukeris has been appointed Zone President North America and CEO of Anheuser-Busch, effective January 1, 2018. Michel presently serves as Chief Sales Officer of AB InBev. He succeeds João Castro Neves, who decided to step down from the role to pursue other opportunities after a long and distinguished career with AB InBev, and will support Michel during a
transitional period.

“The US is our most important market and we recognize the need to continue to focus on driving topline growth across our portfolio,” said Carlos Brito, Chief Executive Officer of AB InBev. “Michel has extensive
experience delivering results for our business worldwide, including helping to grow Budweiser globally and launching The High End business strategy, which now represents 5 billion USD of sales. He is the
ideal person to lead North America at this time, together with an emerging group of leaders being elevated in the company. Our people are key to our future and Michel’s journey with us demonstrates how we develop talent and reward success.”

Brito continued, “We thank João for his 22 years of partnership and significant contributions to our company. He has been an outstanding leader, transforming our business in Latin America North and South. Most recently in the US, he spearheaded foundational changes including winning with our wholesaler partners, expanding our portfolio of craft partners, and accelerating the growth of Michelob Ultra, the fastest-growing beer brand in the US.”

“Anheuser-Busch’s culture and rich brewing history are admired around the world and it is humbling to have the opportunity to lead our North American business,” said Michel Doukeris. “Our success starts with putting the consumer first. I will be focused on working in partnership with our wholesalers and building lasting relationships with our customers and business partners. We have a great team in the US and Canada. I know that together we can grow our business with our portfolio of iconic brands.”

Over the course of his 20-year tenure at AB InBev, Michel has transformed businesses by delivering topline growth, embracing innovation and focusing on long-term results. He oversaw a significant
acceleration of our business during his seven years in China. Michel developed AB InBev’s premium portfolio, launched new product portfolios and entered new markets. As Chief Sales Officer he led sales strategy globally including providing strategic insight into the company’s long-term growth plans.

About Michel Doukeris

Michel Doukeris joined our company in 1996 and held sales positions of increasing responsibility before becoming Vice President Soft Drinks for our Latin America North Zone in 2008. He was appointed President AB InBev China in January 2010 and Zone President Asia Pacific in January 2013.

Under Michel’s leadership, AB InBev outperformed the industry in several key metrics, including growth in volumes and earnings, over five years. During his tenure in China, he oversaw Budweiser’s rapid growth, helping to make China Budweiser’s largest growth market.

Michel also championed the creation of The High End business unit, first created in China and the US then expanded to 22 countries around the world during his tenure as Chief Sales Officer. The High End business unit now has more than 5 billion USD in global sales and significant share gains in the premium segment across markets. In addition, he executed a successful new strategy for AB InBev in South Korea, a developed three tier market where we are a leader in the country.

Michel is a Brazilian citizen and holds a Degree in Chemical Engineering from Federal University of Santa Catarina and a Master’s Degree in Marketing from Fundação Getulio Vargas, both in Brazil. He has also
completed post-graduate programs in Marketing and Marketing Strategy from the Kellogg School of Management and Wharton Business School in the United States.

English, Dutch and French versions of this press release will be available on www.ab-inbev.com.