Olly Wehring

just The Preview - Beam Inc Q3 and YTD

By | 1 November 2012

Beam will report results for its third quarter and YTD on Friday (2 November)

Beam will report results for its third quarter and YTD on Friday (2 November)

Beam Inc will report results for its third quarter and year-to-date tomorrow (2 November). Here, just-drinks takes a look at the highs and lows for the company in the three months to the end of September and its performance in recent quarters.

In Beam's H1, 

  • net profits (like-for-like) rose by 44.8% to US$179.7m
  • net sales were up by 3.2% to US$1.13bn
  • operating profits increased by 10.8% to US$256.8m

For the company's Q2,

  • Net profits (like-for-like) climbed by 62.3% to $101.3m
  • Net sales were up by 4.4% at $595.5m
  • Operating profits increased by 5% to $125.7m

In its Q1,

  • net profits climbed by 27% to US$78.4m
  • net sales increased by 13% to $533.8m
  • operating profits rose by 17.1% to $131.1m

Expert analysis

Beam Inc. (BEAM) - Financial and Strategic SWOT Analysis Review

Beam Inc. (Beam), formerly known as Fortune Brands, Inc, is a premium spirits company. The company offers branded distilled spirits products. The product portfolio of the company consists of bourbon whiskey, Scotch whisky, Canadian whisky, tequila, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails. The renowned brands offered by the company include Jim Beam Bourbon, Canadian Club Whisky, Maker’s Mark Bourbon, Sauza Tequila, Courvoisier Cognac, Teacher’s Scotch, Laphroaig Scotch, Knob Creek Bourbon, Cruzan Rum, Basil Hayden’s Bourbon, Kilbeggan Irish Whiskey, Hornitos Tequila, Skinnygirl Cocktails, EFFEN Vodka, Pucker Vodka and Sourz Liqueurs among others. The company’s major markets includes North America, Australia and Europe, and also maintains presence in the markets of India, Brazil, Russia, Central Europe, Asia, and other geographies. The company is headquartered in Illinois, the US. The company is expanding its operations as evident from its recent acquisition related agreement with White Rock Distilleries to acquire the fast-growing Pinnacle Vodka and Calico Jack rum brands and other related assets for $605m in cash.

Sectors: Company results, Spirits

Companies: Beam Inc, Suntory, Brown-Forman, Asahi

There are currently no comments on this article

Be the first to comment on this article

Related research

Soft Drinks in the Czech Republic

Soft Drinks in the Czech Republic industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2007-11, and forecast to 2016). The profile also contains descriptions of the...

Functional Drinks in New Zealand

Functional Drinks in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2007-11, and forecast to 2016). The profile also contains descriptions of the ...

Soft Drinks in New Zealand

Soft Drinks in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2007-11, and forecast to 2016). The profile also contains descriptions of the leadin...

Related articles

just the Winners - International Spirits Challenge 2013: Gin, vodka, Tequila, liqueurs

Late last week, the gold medal winners in the gin, vodka, Tequila and liqueurs sub-categories of this year's International Spirits Challenge were announced.

US: Beam Inc readies June dividend payment

Beam Inc has confirmed details of its latest dividend payment.

UK: Lucozade, Ribena up for sale - GlaxoSmithKline

GlaxoSmithKline (GSK) has confirmed Lucozade and Ribena are on the market, saying other companies will have a better chance of turning a profit from the brands.

Read further items in this columns

just the Preview

What to look out for, ahead of company results.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page