Chill it’s Post

Discover the intriguing resilience of Heineken in the face of changing market dynamics. Despite a recent drop in sales volume, Heineken managed to maintain its sales value. Learn how this global beer brand adapted and thrived amidst challenges in our latest article. 🍺💡 https://lnkd.in/dZ_8EeNP #heinekenstrategy #CompetitivePricing #BusinessAdaptation #PriceManagement #marketingstrategy #marketingdigital #marketinginsights

The past few years have been a rollercoaster for procurement leaders operating in the food & hospitality sector - pandemic shutdowns, supply chain disruptions, and inflation. Challenges like geopolitical tensions, environmental crises, and market volatility have made the procurement landscape more complex. But, we've seen a strong comeback with brands adapting through new omnichannel models, improved supply chains, and meeting consumer demands. We are seeing a trend towards data-driven decision-making, sustainability and innovation in sourcing strategies to tackle these challenges head-on.  The resilience and adaptability of this sector shows enormous promise for the future. Read more below on how brands are bouncing back. https://lnkd.in/g8KGkEzR #costmanagement #procurementleaders #innovation

🍽️ Procurement's Role in Australia's Food & Hospitality Sectors 🍽️ Dive into our in-depth analysis of how strategic procurement is transforming this sector in Australia 2024 – 🍕 https://lnkd.in/gRZWxrsd #food #hospitality #procurement #strategicprocurement #commercial #innovation

The HEINEKEN Company posts strong Q1 results 👏 The Dutch beer giant has announced increased sales volumes for the first quarter of 2024. The company reported €8.2 billion in revenue which is an increase of 7.2% and includes particularly strong figures for its 0.0% and flagship lager brands. Despite the growth, the brewer expects to continue seeing a 'challenging and uncertain' economic environment and would therefore remain 'agile' in line with its broad strategy. Dolf van den Brink, CEO and Chairman of Heineken, commented: "We had an encouraging start to 2024. All regions grew volume and net revenue, and we continued to see a sequential improvement in the performance of the business, growing in line or ahead of the category in the majority of our markets. Top-line delivery was well-balanced between volume and value as more markets returned to volume growth and our underlying premiumisation trends remained strong. We continue to see the economic environment as challenging and uncertain, and will remain agile and focused. We will continue to invest behind our brands, innovations, commercial capabilities and route-to-consumer. Our full year expectations remain unchanged.” #News #Drinks #Beer #Lager #Performance #Growth #Heineken

We have just reported our third quarter trading update. This quarter we’ve seen gradual improvement in our business performance, although somewhat slower than our ambition. In half of our markets, volume trends are improving. Similarly in just over half of our markets, we are gaining or holding market share.

Diageo debuts in the MERCO Ranking of Companies with Best Reputation in Panama!   I proudly share the news that Diageo has successfully entered for the first time the Ranking of the 100 Companies with the Best Reputation in Panama, in the sixth edition of the Business Monitor of Corporate Reputation (MERCO – Monitor Empresarial de Reputacion Corporativa), occupying position 81.   We stood out even more by positioning ourselves in the food and beverage category, debuting in position 16. This achievement reflects the continuous effort we have dedicated to the development and growth of the industry in Panama and the region.   Simultaneously, Merco carried out the General Ranking of the 100 Most Responsible Companies 2023, following ESG principles. In this ranking, Diageo is position 13 in the Sectoral Ranking of Most Responsible Companies 2023 in the Food and Beverages sector. Launching our participation in Merco Panama with these extraordinary results is a testament to the value of our team, made up of individuals committed and focused on our Society 2030 strategy.   Thanks to my amazing CCA Team in Diageo for all the support and hard work. #proudofwhatwedo #mercoranking Alvin Mbugua Daniela de Fiori Giuliana Venutolo Melissa Martínez Larrea Luisa S. Daymar Yuil

Heineken N.V. reports on 2023 third-quarter Beer volume declined organically by 4.2% (YTD: 5.1% decline), given the challenging economic conditions in many markets and lower consumer demand following inflation-led pricing. Heineken gained or held volume market share in just over half of markets year to date. Revenue in the quarter was €9.6 billion (YTD: €27.0 billion). Net revenue increased organically by 4.5% Whilst inflation-led pricing is tapering, it is observeed a slowdown of consumer demand in various markets facing challenging macro-economic conditions. In Italy, net revenue grew by a low-single-digit, as pricing to cover the impact of inflation was largely offset by a low-teens volume decline.

The HEINEKEN Company reports 7.2% surge in revenue in Q1 despite economic challenges  https://lnkd.in/dKF2wTRd #alcoholicbeverages #financialreports #quarterlyresults #foodindustry #beverageindustry #foodandbeverages #foodbusiness #foodbusinessafrica

Why is Carlsberg chasing UK soft-drinks maker Britvic? Whilst we understand the urge to diversify (both category wise & geography wise), this move is not straightforward for many financial analysts considering: - the potential synergies (GTM scale to improve Carlsberg Group distant challenger position in UK & overall accessing a total beverage platform in UK), - the growth profile of Britvic plc over the recent years, - the difficulty to scale this asset internationally - the price tag (esp. considering Carlsberg EV & current debt ratio) Carlsberg stock price lost 8% since the announcement This deal is a testimony of the increasing appetite of the world largest FMCG companies to invest into mid-size M&A deals ($0.5-5bn) with the objective to increase their growth footprint. More will come Time will tell if this transaction ends up being a success Exciting times for M&A in the FMCG industry To read our latest publication on M&A in the FMCG industry: https://lnkd.in/dinWEqDn 𝗧𝗼 𝗴𝗲𝘁 𝗮𝗹𝗹 𝗼𝘂𝗿 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 & 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗼𝘂𝗿 𝗙𝗠𝗖𝗚 𝗖𝗘𝗢 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿: https://lnkd.in/ea4gy65y #fmcg #cpg The Coca-Cola Company PepsiCo Keurig Dr Pepper Inc. The HEINEKEN Company AB InBev Diageo Pernod Ricard William Grant & Sons Campari Group https://lnkd.in/dzTWJVva