Comment - Beer - Global brewers, Reader's Digest-style
By: Larry Nelson
Remember Reader’s Digest? At some point in our lives we’ve all encountered it, most likely in lengthy stays in doctor’s waiting rooms, its condensed treatments of some of the world’s greatest literature, combined with excruciating humour, somewhat reliving the tedium. At the height of its powers in the 1960s, Reader’s Digest sold in excess of 20m copies worldwide; it was only last year that it was surpassed as the best-selling magazine in the US.
Comment - Nelson's Column - Global brewers, Reader's Digest-style
16 March 2010
Remember Reader’s Digest? At some point in our lives we’ve all encountered it, most likely in lengthy stays in doctor’s waiting rooms, its condensed treatments of some of the world’s greatest literature, combined with excruciating humour, somewhat reliving the tedium. At the height of its powers in the 1960s, Reader’s Digest sold in excess of 20m copies worldwide; it was only last year that it was surpassed as the best-selling magazine in the US.
BELGIUM: A-B InBev profits up on weak beer markets
4 March 2010
Anheuser-Busch InBev has reported a rise in full-year profits, but the brewing giant echoed rivals by warning that beer markets are expected to remain weak in 2010.
NETHERLANDS: Heineken predicts gloomy 2010, as FY profits rise
23 February 2010
Heineken has reported a rise in underlying organic profits, but the brewer said it plans to cut more jobs globally in 2010 as consumer confidence struggles to recover from the economic downturn.
DENMARK: Carlsberg FY profits up, expects share growth
23 February 2010
Carlsberg has shrugged off a fall in like-for-like beer volumes to report a rise in full-year earnings for 2009, but the Danish brewer expects Russia's beer tax hike to hamper earnings in the first half of 2010.
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