Jul. 18, 2014, 11:49 AM
Jul. 13, 2014, 9:45 AM
- Talk about a merger between Anheuser-Busch InBev (BUD) and SABMiller (SBMRY) has picked up again this summer with many industry insiders forecasting a deal between the beer giants will be completed this year or in 2015.
- The combination would create a beer juggernaut that would account for close to 30% of global beer volume.
- Deal on: It's SABMiller's presence in Africa and China that makes it attractive to A-B with execs knowing SABMiller's stake in MillerCoors would very likely need to be sold off to make the deal fly with regulators. Some analysts note the growth channels are vibrant enough to justify the deal premium. Massive synergies on the cost side also help make the math work out.
- Deal off: SA contributor Tim McAleenan thinks the massive amount of debt that A-B would have to take on to buy SABMiller puts a deal out of reach. Buying at a market peak is also a tricky proposition.
Jul. 10, 2014, 10:13 AM
- Credit Suisse upgrades Heineken (HINKY) to a Neutral rating after having the beer seller slotted at Underperform.
- Despite some sluggish volume, the so-called Big Beer stocks (SBMRY, BUD) have run up some gaudy gains this year off of benefits from consolidation in the industry. Many analysts think there's plenty of upside still left.
Jul. 9, 2014, 11:12 AM| Comment!
Jul. 8, 2014, 12:31 PM
- SABMiller (SBMRY) is the most attractive beer stock due its outsized exposure to Africa, according to Marketwatch's Charles Sizemore.
- Consumption of beer in Africa is tilted heavily toward home brews and small establishments, giving major brewers plenty of upside potential.
- Africa already accounts for 31% of SABMiller's profits, a mark Sizemore thinks could expand.
Jul. 7, 2014, 7:28 AM| Comment!
Jun. 13, 2014, 12:28 PM| 2 Comments
Jun. 12, 2014, 10:29 AM| 3 Comments
Jun. 10, 2014, 1:51 PM| Comment!
Jun. 9, 2014, 2:58 AM
- SABMiller (SBMRY) is seeking a bigger share of the U.S. craft beer market. While one-third of beer volumes sold in the U.S. is premium beer, the category is only 8% of the company's sales.
- "We’ve got to shift our portfolio to premium. That’s clearly a priority that the team now understands and are working on it,” CEO Alan Clark says.
- The company is already doing well with many of its new brands, contributing to 25% of last year's growth in the U.S. craft industry.
May. 22, 2014, 6:44 AM
- SABMiller (SBMRY) rode strength in developing markets to an improvement in net profit for the fiscal year which ended on March 31.
- The global brewer reported profit of $3.38B vs. $3.25B a year ago.
- Currency devaluations in emerging markets had a negative impact of $400M on earnings.
- Full-year sales volume was up 2%, paced by a 5% gain in soft drink volume. Lager volume rose 1% during the period.
- Shares of SABMiller were up 3.6% in London trading.
May. 7, 2014, 7:40 AM
- MillerCoors (SBMRY, TAP) grew profit in Q1 on some cost savings measures even with revenue relatively flat for the period.
- The company saw its domestic net revenue per barrel increase 3.3% in Q1 due to a shift in mix.
- Brand watch: Sales for two of MillerCoors' well-known beers, Coors Lights and Miller Lite, fell off in the mid-single digits during Q1. In April, the brewer launched ads for Miller High Life and Keystone Light for the first time in two years.
Apr. 16, 2014, 10:47 AM| Comment!
Apr. 7, 2014, 6:57 AM
Mar. 3, 2014, 9:21 AM
- A merger between Anheuser-Busch InBev (BUD) and SABMiller (SBMRY) makes more sense now than ever, according to analysts following the sector.
- A-B faces tough questions on where to find growth and SABMiller has a toehold in some key emerging markets.
- "You could get the numbers to work," according to SABMiller CEO Alan Clark on the potential for the mega-deal. Meanwhile, execs with A-B have been mum on the subject.
- The two beer giants line up fairly well on the global regulatory front, although SABMiller would very likely have to shed its stake in MolsonCoors (TAP).
Feb. 28, 2014, 11:04 AM
SBMRY vs. ETF Alternatives
SABMiller is one of the world's leading brewers with more than 200 beer brands and some 70,000 employees in over 75 countries. We also have growing businesses in soft drinks and we are one of the world's largest bottlers of Coca-Cola products.
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