Tag Archives: Beer

European barley prices to rise amid bad weather

European barley prices are on the rise as wet and cold weather in May and June has led to a drop in quantity and quality harvested, according to analyst at Bernstein Research.

While Forward prices for the North American winter grain, which are normally harvested between late July and September, have been falling marginally over the past few years, bad weather in western Europe, which harvests the crop a bit earlier than the US, has seen less crop harvested with poorer quality leading to estimated higher prices.

SABMiller’s Third-Quarter performance boosted by Africa, Latin America

Brewing giant, SABMiller, reported a higher than expected third-quarter revenue at constant currencies as its businesses in Africa and Latin America turned in strong performances.

The world’s second-largest brewer by sales after Anheuser-Busch InBev said net producer revenue – which accounts for excise and other taxes rose 7% at constant currencies in the three months ended December 31 compared with a 4% rise for the same period in 2014.

UK arm of AB InBev reaffirms commitment to providing nutritional information for beer

beer

AB InBev UK, has restated its commitment to providing full ingredient and nutritional information for its beers sold in the UK, reaffirming a European pledge made with other brewers last year.

Information will include energy values, fat and saturated fats, carbohydrates, sugars, proteins and salt.

Moderate intake of beer is good for cardiovascular health, says scientists and nutritionists

Drinking beer in moderation is good for cardiovascular health, says Dr. Henk Hendricks, a biologist and project leader in the Institute for Food and Nutrition in the Netherlands.

At a beer and lifestyle symposium sponsored by Nigerian Breweries and held in Lagos on Tuesday, Dr. Hendricks noted that all causes of cardiovascular diseases are beneficially impacted when beer is consumed in moderation. These effects, he added, have been observed in all age groups and genders (young and old, men and women).

Guinness Ireland to open experimental brewery to public

For the first time in its history, Guinness is to open its experimental brewery at its birthplace in Dublin, Ireland to the public.

Since the invention of the iconic brand over a century ago, the company has kept the workings of its experimental brewery a closely guarded secret.

AB InBev, SABMiller merger, likely to trigger higher beer prices, says analysts

beer

The $108bn merger of AB InBev and SABMiller is likely to trigger higher beer prices for consumers around the world. That is the assessment of industry analysts with knowledge of the internal workings of the company.

Assuming AB InBev is able to overcome regulatory hurdles it faces in some countries, the merger would give the company a foot hold in nearly every major market in the world with a 28.4 percent market share (after accounting for expected divestitures), which would be nearly three times its closest rival, Heineken NV, according to Plato Logic, a beer industry tracker. The combined companies would generate $64bn in revenue.

What makes a consumer prefer one beer brand over another? It’s all emotional, says new study

What influences a consumers’ preference for one beer brand over another? Sensory properties such as (flavour, aroma, and mouthfeel), packaging and advertising material and context (such as where the beer is drank, like at a party, bar, home, outdoors), according to a new study published in the Journal of the American Society of Brewing Chemists.

AB InBev makes another bid for SABMiller as deadline nears

Anheuser-Busch InBev (AB InBev) has upped its bid to acquire SABMiller ahead of a Wednesday 14 October deadline.

AB InBev has raised the all-cash part of its bid, which is meant for majority of SABMiller’s shareholders from £42.15 to £43.50 per share, a premium of 48 percent to SABMiller’s closing price on September 14, the day before the initial bid.

Brewers highlight health benefits of beer

In a bid to correct the growing negative perception some may have about beer, brewers within and outside the country are rallying together in a sensitizing campaign to correct the notion that beer is bad for ones health.

Beer makers are concerned that if the negative views held by some about beer  are not countered, it would have an adverse effect on the industry.

Challenging times for Nigerian Breweries as profits dip

Tough economic times in the country is slowing growth potential for Nigerian Breweries (NB)

The 2014 Financial Statements for the company showed a profit after tax (PAT) declined by 1.3 percent to N42.52bn, when compared to N43.08bn from the previous year (FY 2013). Sales also fell slightly by 0.8 percent to N266.37bn.

“We believe that the year-to-year decline on top-line was driven by a slow-down in beer demand arising from significant macro headwinds,” said Tunde Abidoye, Equity Analyst at FBN Capital.