Coca-Cola may do better than its rivals with container scheme

Original article by Sue Mitchell
The Australian Financial Review – Page: 11 & 26 : 22-Aug-17

Container deposit schemes are due to take effect in a number of Australian states over the next year or so, with the scheme to take effect in New South Wales on 1 December. The schemes are expected to push up the cost of beverages in plastic and glass bottles and aluminium cans, and it is tipped that Coca-Cola Amatil’s yearly EBIT could fall by as much as seven per cent. However, analysts note that CCA could derive some benefit from the scheme, if less expensive brand name and private-label producers in the bottled water sector pass on the full cost of the scheme. This might enable its Mount Franklin brand to regain some of its market share.

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, MOUNT FRANKLIN NATURAL, ASAHI BREWERIES LIMITED, MACQUARIE EQUITIES LIMITED, FRUCOR BEVERAGES (AUSTRALIA) PTY LTD, COLES SUPERMARKETS AUSTRALIA PTY LTD, CARLTON AND UNITED BREWERIES, COOPERS BREWERY LIMITED, LION PTY LTD, CITIGROUP PTY LTD, WOOLWORTHS LIMITED – ASX WOW

CC Amatil wins overseer role in NSW’s container deposit scheme

Original article by Sue Mitchell
The Australian Financial Review – Page: 19 : 1-Aug-17

Adoption of the New South Wales Government’s container deposit scheme is expected to result in increased prices for beverage products. The scheme will come into effect on 1 December 2017, and it will be managed by a consortium of soft drink and brewing companies that includes Lion, Coopers and Coca-Cola Amatil. The scheme is expected to have the most impact on sales of large packs of soft drink and beer, along with private label bottled water.

CORPORATES
LION PTY LTD, COOPERS BREWERY LIMITED, COCA-COLA AMATIL LIMITED – ASX CCL, FOSTER’S GROUP LIMITED, ASAHI BREWERIES LIMITED, JP MORGAN AUSTRALIA LIMITED, MACQUARIE EQUITIES LIMITED, AUSTRALIAN BEVERAGES COUNCIL LIMITED, WOOLWORTHS LIMITED – ASX WOW

Small brewers generate $740m economic benefit

Original article by Simon Evans
The Australian Financial Review – Page: 13 : 4-Jul-17

The Independent Brewers Association, which represents Australia’s craft brewers, states there are now 420 such breweries in Australia. The Association claims its members employ 2,400 people, many of them in non-capital areas, and that craft breweries contribute $A740 million into the economy. However, Burleigh Brewing co-owner Peta Fielding, claims the industry’s ability to expand is being hindered by the high amount of excise tax it pays, and the industry wants it to get the same tax treatment as small wineries

CORPORATES
INDEPENDENT BREWERS ASSOCIATION, BURLEIGH BREWING COMPANY PTY LTD, ASAHI BREWERIES LIMITED, LION NATHAN AUSTRALIA LIMITED, ESSENTIAL ECONOMICS PTY LTD, AKASHA BREWING COMPANY PTY LTD, DAN MURPHY’S, MOUNTAIN GOAT BEER PTY LTD, LITTLE CREATURES BREWING PTY LTD, MALT SHOVEL BREWERY PTY LTD

Flat outlook for Coca-Cola Amatil puts doubt on growth

Original article by Sue Mitchell
The Australian Financial Review – Page: 21 & 26 : 19-May-16

Shares in Coca-Cola Amatil closed $A0.04 lower at $A8.99 on 18 May 2016, following the group’s annual meeting. CEO Alison Watkins is aiming for earnings per share growth of five per cent in the near-term, but says the bottler may not necessarily meet this target in 2016. However, she expects the group to achieve earnings growth in the year to December. Analysts have forecast underlying profit growth of 3.6 per cent and growth in sales of 2.7 per cent for 2016.

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, ARNHEM INVESTMENT MANAGEMENT PTY LTD, PEPSICO AUSTRALIA PTY LTD, SCHWEPPES AUSTRALIA PTY LTD, AUSTRALIAN BUREAU OF STATISTICS

Gage Roads returns to its crafty roots

Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 17-May-16

Australian-listed Gage Roads Brewing will supply private-label beers to Woolworths for at least another three years, although volumes will be reduced. Gage Roads will seek to offset this by increasing its production of craft beers. MD John Hoedemaker forecasts that these products will account for about 70 per cent of its sales by 2021, compared with 13 per cent in 2015 and 28 per cent so far in 2016.

CORPORATES
GAGE ROADS BREWING COMPANY LIMITED – ASX GRB, WOOLWORTHS LIMITED – ASX WOW, LION PTY LTD, BYRON BAY BEER COMPANY, ASAHI BREWERIES LIMITED, MOUNTAIN GOAT BEER PTY LTD

Coca-Cola Amatil feels heat of price cut

Original article by Sue Mitchell
The Australian Financial Review – Page: 18 : 28-Apr-16

Coca-Cola Amatil’s 2016 interim results are likely to be negatively affected by the use of discounting to drive sales of carbonated soft drinks and bottled water. Analysts expect the company to announce weaker earnings for the half-year. Consumers’ preferences are changing. Figures from Retail World show that soft drink sales declined from 57.5 per cent of non-alcoholic beverages in 2008 to 50.5 per cent in 2015. Meanwhile, consumption of bottled water has increased from 10.4 per cent to 20.4 per cent.

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, RETAIL WORLD PTY LTD, AUSTRALIAN BUREAU OF STATISTICS, COLES GROUP LIMITED, WOOLWORTHS LIMITED – ASX WOW, PEPSI-COLA COMPANY, ASAHI AND COMPANY, SCHWEPPES AUSTRALIA PTY LTD, DEUTSCHE BANK AG

Hipsters, Byron surfers boost Coopers in NSW

Original article by Simon Evans
The Australian Financial Review – Page: 3 : 22-Jan-16

Data from the Australian Bureau of Statistics shows that beer consumption has fallen to its lowest level in more than six decades. Coopers Brewery MD Tim Cooper believes that beer sales will not rebound unless the Federal Government scraps the wine equalisation tax rebate. New South Wales accounted for 24.5 per cent of Coopers’ sales in 2015, while the brewer’s home state of South Australia accounted for 24.3 per cent of sales.

CORPORATES
COOPERS BREWERY LIMITED, AUSTRALIAN BUREAU OF STATISTICS

AB Inbev eyes Foster’s IPO after merger

Original article by Bridget Carter
The Australian – Page: 17 & 18 : 30-Nov-15

Global brewer Anheuser-Busch InBev is expected to offer to sell some key beer brands in order to gain regulatory approval for its proposed $US104bn acquisition of SABMiller. Peroni and Grolsch are among the international brands that AB InBev is preparing to offload. It is also believed to be considering an IPO of SABMiller’s Australian business, Foster’s Group, as it is not regarded as a core asset.

CORPORATES
ANHEUSER-BUSCH INBEV SA/NV, SABMILLER PLC, CARLTON AND UNITED BREWERIES, FOSTER’S GROUP LIMITED, PERONI, GROLSCH, LION PTY LTD, KIRIN HOLDINGS COMPANY LIMITED, STELLA ARTOIS, GRUPO MODELO SA DE CV, MILLER BREWING COMPANY, TREASURY WINE ESTATES LIMITED – ASX TWE, CR SNOW, CHINA RESOURCES ENTERPRISE LIMITED, HEINEKEN NV, LAFARGEHOLCIM

Treasury enjoys vintage Asian returns

Original article by Simon Evans
The Australian Financial Review – Page: 19 : 7-Oct-15

Australian-listed Treasury Wine Estates has indicated that it is performing well in all of the regions in which it operates. CEO Mike Clarke notes that the wine group is performing particularly well in Asia. Treasurer’s Asian division posted a $A73.1m profit in 2014-15, which was 53 per cent higher than previously. The global launch of the latest Penfolds Grange vintage will be held in Shanghai.

CORPORATES
TREASURY WINE ESTATES LIMITED – ASX TWE, PENFOLDS WINES PTY LTD, WOLF BLASS WINES PTY LTD, STERLING VINEYARDS, DIAGEO PLC, BLOSSOM HILL WINERY, COLES GROUP LIMITED, WOOLWORTHS LIMITED – ASX WOW, PREMIER FOODS PLC, FOSTER’S GROUP LIMITED

Japanese Asahi buys Australian craft beer brewer Mountain Goat

Original article by Jared Lynch
The Australian Financial Review – Page: 17 : 29-Sep-15

Japanese beverage company Asahi has acquired Australian boutique brewer Mountain Goat for an undisclosed sum. Mountain Goat was established by Cam Hines and David Bonighton in 1997. It employs about 25 full-time staff and 20 casual workers at breweries in Richmond and Laverton in Victoria.

CORPORATES
ASAHI BREWERIES LIMITED, MOUNTAIN GOAT BEER PTY LTD, AUSTRALIAN BUREAU OF STATISTICS, IBISWORLD PTY LTD, KIRIN AUSTRALIA PTY LTD