The Best Beer Company in a Better World - Anheuser-Busch InBev
The Best Beer Company in a Better World - Anheuser-Busch InBev
The Best Beer Company in a Better World - Anheuser-Busch InBev
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0<br />
0<br />
0<br />
Million hl<br />
24 | Annual Report 2008 <strong>The</strong> Zones that drive us<br />
Lat<strong>in</strong> America North<br />
94.6<br />
100.9<br />
3.000100<br />
101.5<br />
2.715<br />
75<br />
2.00050<br />
1.831<br />
25<br />
2006 2006<br />
1.564<br />
2007 2007<br />
1.0000<br />
2008 2008<br />
Revenue Volumes<br />
NALAN<br />
2008 was a challeng<strong>in</strong>g year for beer <strong>in</strong> the Lat<strong>in</strong> America North<br />
(LAN) Zone, partly due to an early Carnival holiday, colder and<br />
wetter weather than normal and high food <strong>in</strong>flation which<br />
impacted consumer purchas<strong>in</strong>g power. Brazil closed the year with<br />
an average market share of 67.5%, a contraction of 0.3 pp as year<br />
end 2008 price <strong>in</strong>creases were not immediately followed by<br />
competitors.<br />
However, 2008 was a strong year for <strong>in</strong>novations. We <strong>in</strong>troduced<br />
successful packag<strong>in</strong>g and promotional <strong>in</strong>novations around our<br />
biggest brand, Skol, which helped to ma<strong>in</strong>ta<strong>in</strong> the brand’s<br />
momentum. We also launched Brahma Fresh <strong>in</strong> the Northeast of<br />
Brazil at the beg<strong>in</strong>n<strong>in</strong>g of the year, and by the end of the year it<br />
had already achieved a 4% share <strong>in</strong> the region and around 1% <strong>in</strong><br />
the country as a whole. Hoegaarden, Leffe and Stella Artois were<br />
also launched to all key markets, build<strong>in</strong>g our strength <strong>in</strong> the<br />
premium import segment.<br />
Our soft dr<strong>in</strong>ks operation performed well <strong>in</strong> 2008. Driven by a<br />
range of <strong>in</strong>novations it achieved 3.6% volume growth across the<br />
Zone and share growth of 0.2 pp <strong>in</strong> the key Brazilian market.<br />
A company of owners<br />
‘Quality control is vital <strong>in</strong> produc<strong>in</strong>g only the highest quality beers for<br />
our consumers. As the manager of beer processes at our Rio de Janeiro<br />
plant, I am proud to say that Brahma, Skol, Bohemia, and Antarctica<br />
have all achieved a top three rat<strong>in</strong>g as part of our Corporate Quality<br />
brand rat<strong>in</strong>gs <strong>in</strong> 2008. As a whole, the Rio de Janeiro plant was rated<br />
first place along with three other plants <strong>in</strong> Brazil. In a span of 19 months,<br />
we had no product returns.’<br />
Million euro<br />
Million hl<br />
Volumes NA contribution Revenue of Volumes 44.9 % LAN LAS Revenue Volumes WE<br />
LAN LAS<br />
LASWE<br />
WECEE<br />
Regional Process Manager, Brazil<br />
6.00040<br />
30.5<br />
33.7 30<br />
22.6<br />
5.182 5.00020<br />
4.904<br />
4.268<br />
2006 2006 2007 2007<br />
10<br />
4.0000<br />
2008 2008<br />
Revenue<br />
Million euro<br />
Million hl<br />
733<br />
39.1<br />
1.003<br />
36.1<br />
1.254<br />
33.8<br />
0<br />
2006 2006 2007 2007 2008 2008<br />
Normalized EBITDA<br />
2.00040<br />
30<br />
Million euro<br />
Million hl<br />
1.00020<br />
10<br />
0<br />
3.646 43.2<br />
3.455<br />
‘In the face of a tough market<br />
environment we have successfully<br />
focused our energy on <strong>in</strong>novation,<br />
strengthen<strong>in</strong>g and extend<strong>in</strong>g our<br />
brand portfolio and enhanc<strong>in</strong>g the<br />
bonds between our brands and<br />
consumers.’<br />
Zone President North America<br />
Zone President Lat<strong>in</strong> America North 2008<br />
49.1<br />
4.00050<br />
46.1<br />
40<br />
3.217<br />
30<br />
2.000<br />
20<br />
0<br />
2006 2006 2007 2007 2008 2008<br />
Million euro<br />
Million hl<br />
10<br />
0<br />
1.82<br />
200