MillerCoors volumes are holding up better than A-B InBevs in the US

MillerCoors' volumes are holding up better than A-B InBev's in the US

MillerCoors is still performing better than Anheuser-Busch InBev in the US off-trade, while craft brewers have seen double-digit rises in April, latest figures show. 

Nielsen figures for the four weeks to 11 May, published today (24 May), show that the Molson Coors and SABMiller JV saw a 4.2% drop in volumes, while Anheuser-Busch InBev saw a 5.6% fall, Nomura reported. Analyst Ian Shackleton noted that MillerCoors' Coors Light was "flattish", but its craft and innovations portfolio performance was "robust". 

Meanwhile, volumes for A-B InBev's "big innovation" last year, Bud Light Platinum, have "weakened", Shackleton noted.

Budweiser Black Crown, launched in January, has also seen an increasingly "weaker" share of the market since March, he flagged.  

However, craft beer is continuing to perform strongly. Boston Beer Company's off-trade volumes were up 16.6% in the four-week period, while Sierra Nevada's rose by 12.2%. 

Imported beers also saw good sales. Heineken's volumes rose by 6.7%, while Crown Imports, the JV between Grupo Modelo and Constellation Brand, were up 1.6%. 

Total category volumes fell 0.6%, but sales by value were up 1.5%. 

However, looking ahead, Shackleton said: "We see a more subdued outlook for the US beer industry this year, flattish volumes, versus 2012, with more economic pressures and less weather benefit." 

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