Andy Morton

just The Preview - Molson Coors Q3

By | 6 November 2012

Molson Coors is set to report its third-quarter results tomorrow (7 November)

Molson Coors is set to report its third-quarter results tomorrow (7 November)

Molson Coors is set to report its third-quarter and year-to-date results tomorrow (7 November). Here, just-drinks takes a look at the highs and lows for company in the three months to the end of September.

In Molson Coors' H1,

  • H1 net profits fell by 39.6% to $184.6m
  • Net sales in six months to end of June inched up by 4.1% to $1.69bn
  • Operating profits slipped by 5.5% to $400.7m

For the company's Q2,

  • Net profits grew by 10.4% to $443.7m
  • Net sales up increased 4.3% to $2.22bn
  • Operating profits increased by 9.4% to $444.4m

In its Q1,

  • Net profits dropped by 4.1% to US$79.5m
  • Operating profits fell by 3.3% to $121.8m
  • Net sales increased by 0.1% to $691.4m

Expert analysis

Molson Coors Brewery Co in Beer (World )

Molson Coors is one of the 10 largest global brewers, but the company’s presence is strongly biased towards the mature beer markets of the US, Canada and the UK. Although these markets will remain important in value generation, they offer limited volume growth over 2011-2016. In order to enable it to take advantage of the predicted volume growth, Molson Coors needs to expand in fast-growing emerging markets. This profile examines how the company can enhance its growth prospects going forward.

Sectors: Beer & cider, Company results

Companies: Coors, Grolsch

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