Proactiveinvestors Australia - Beverages RSS feed http://www.proactiveinvestors.com.au Proactiveinvestors Australia - Beverages feed en Sun, 21 Jan 2018 17:07:14 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com action@proactiveinvestors.com Anheuser-Busch InBev lifts SABMiller offer to £79bn http://www.proactiveinvestors.com.au/companies/news/128638/anheuser-busch-inbev-lifts-sabmiller-offer-to-79bn-128638.html Tue, 26 Jul 2016 21:55:00 +1000 http://www.proactiveinvestors.com.au/companies/news/128638/anheuser-busch-inbev-lifts-sabmiller-offer-to-79bn-128638.html Conviviality's Bibendum acquisition pushes growth http://www.proactiveinvestors.com.au/companies/news/126183/conviviality-s-bibendum-acquisition-pushes-growth-126183.html Fri, 20 May 2016 16:50:00 +1000 http://www.proactiveinvestors.com.au/companies/news/126183/conviviality-s-bibendum-acquisition-pushes-growth-126183.html SABMiller profits lose fizz as merger costs weigh http://www.proactiveinvestors.com.au/companies/news/126076/sabmiller-profits-lose-fizz-as-merger-costs-weigh-126076.html Wed, 18 May 2016 18:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/126076/sabmiller-profits-lose-fizz-as-merger-costs-weigh-126076.html Gage Roads Brewing Co Ltd to increase focus on high margin craft beer http://www.proactiveinvestors.com.au/companies/news/152744/gage-roads-brewing-co-ltd-to-increase-focus-on-high-margin-craft-beer-68627.html Gage Roads Brewing Co Ltd (ASX:GRB) has executed a three-year extension of its supply and distribution agreement for beers, allowing the company to focus on the supply of high-margin proprietary craft beers, while reducing contract brewing volumes in a phased manner.

The three-year extension (with a further two-year option) has been signed with a subsidiary of the recently re-named Endeavour Drinks Group, formerly known as Woolworths Liquor Group (ASX:WOW).

The agreement provides for a stepped reduction in Gage Roads’ minimum contract brewing commitments from 1 million case equivalents in FY17 to 850,000 case equivalents in FY19.

This will allow Gage Roads to prioritise marketing and distribution of its higher-margin proprietary craft beers, while maintaining overall production volumes.

In spite of decreasing volumes in mainstream beer sales in Australia, the higher-value craft beer sector has been growing year on year.

The sales of Gage Roads’ craft beers have increased more than 86% in the past 12 months and now account for 28% of year-to-date total sales, compared with just 13% in FY15.

By 2021, the company expects proprietary craft beer brands to make up 70% of its total sales.

Gage Roads ended the March 2016 quarter with a cash balance of $1.8 million.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 16 May 2016 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/152744/gage-roads-brewing-co-ltd-to-increase-focus-on-high-margin-craft-beer-68627.html
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http://www.proactiveinvestors.com.au/companies/news/111186/anheuser-busch-inbev-mulling-us106bn-bid-for-sabmiller-111186.html Mon, 28 Sep 2015 20:10:00 +1000 http://www.proactiveinvestors.com.au/companies/news/111186/anheuser-busch-inbev-mulling-us106bn-bid-for-sabmiller-111186.html Jonnie Walker owner Diageo anticipates forex hangover http://www.proactiveinvestors.com.au/companies/news/114842/jonnie-walker-owner-diageo-anticipates-forex-hangover-114842.html Wed, 23 Sep 2015 22:21:00 +1000 http://www.proactiveinvestors.com.au/companies/news/114842/jonnie-walker-owner-diageo-anticipates-forex-hangover-114842.html Diageo anticipating a forex hangover http://www.proactiveinvestors.com.au/companies/news/111046/diageo-anticipating-a-forex-hangover-111046.html Wed, 23 Sep 2015 17:58:00 +1000 http://www.proactiveinvestors.com.au/companies/news/111046/diageo-anticipating-a-forex-hangover-111046.html Rugby World Cup won't add much to economy reckons IG http://www.proactiveinvestors.com.au/companies/news/110916/rugby-world-cup-won-t-add-much-to-economy-reckons-ig-110916.html Fri, 18 Sep 2015 21:02:00 +1000 http://www.proactiveinvestors.com.au/companies/news/110916/rugby-world-cup-won-t-add-much-to-economy-reckons-ig-110916.html AB Inbev makes play for rival brewer SABMiller http://www.proactiveinvestors.com.au/companies/news/110844/ab-inbev-makes-play-for-rival-brewer-sabmiller-110844.html Thu, 17 Sep 2015 00:14:00 +1000 http://www.proactiveinvestors.com.au/companies/news/110844/ab-inbev-makes-play-for-rival-brewer-sabmiller-110844.html Conviviality's shares rocket on Matthew Clark deal http://www.proactiveinvestors.com.au/companies/news/110620/conviviality-s-shares-rocket-on-matthew-clark-deal-110620.html Tue, 08 Sep 2015 23:52:00 +1000 http://www.proactiveinvestors.com.au/companies/news/110620/conviviality-s-shares-rocket-on-matthew-clark-deal-110620.html