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An overview of SABMiller's values, brands, geographic operating regions and business performance.
SABMiller plc - Corporate Presentation
About SABMiller
Building locally, winning globally,delighting consumers
70,000+people
200+beer brands
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Building locally, winning globally,delighting consumers
75+countries SABMiller joint ventures and associates
SABMiller subsidiaries
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Our vision To be the most admired company in the
global beer industry
Our mission To own and nurture local and international
brands that are the first choice of the
consumer
Our strategic direction
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Our values Our people are our enduring advantage
Accountability is clear and personal
We work and win in teams
We understand and respect ourcustomers and consumers
Our reputation is indivisible
Our strategic direction
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Our strategic priorities
Creating a balanced and attractive
global spread of businesses
Developing strong, relevant brand
portfolios that win in the local market
Constantly raising the profitability
of local businesses, sustainably
Leveraging our skills and global scale
Lager sales volumes 3 (million hl)
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EBITA2 (US$m)Group revenue1 (US$m)
Financial performance
Another year of strong financial results
Consistently growing revenues, profits and sales volumes
1 Group revenue includes the attributable
share of associates and joint ventures revenue.
2 EBITA is defined as operating profit before
exceptional items and amortisation of
intangible assets (excluding software) and
includes the groups share of associates and joint ventures operating profit, on a similar basis.
3 As defined in the definitions section on
page 180 of the Annual Report 2012.
Source: SABMiller Annual Report 2012
to 31 March 2012
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Shareholder value Annualised 5-year total shareholder return (TSR) has been 19%
Outperforming the FTSE 100 and our peer group (which
achieved 1.9% and 7.5% respectively) over the same period
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The most local of the global brewers
4 Source: Canadean
Beer is an inherently local business:
We respect and nurture the history
and heritage of local brands, focusing
on local businesses with tailored
brand portfolios
Premium brands which cross a
national border account for 7.5% of
the worlds beer consumption, 4.8% in emerging markets
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At the heart of our business is a passion for producing quality beers
We are also innovators, creating:
affordable brands made from locally-grown ingredients
craft beers for the aficionado
local premium brands for consumers aspiring to affordable luxury
Our brewing expertise
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Winning market by market with strong, relevant brand portfolios tailored to local
consumer segments, drinking occasions and levels of disposable income
93% of our lager volume comes from markets in which we have No.1 or No.2
national market share positions:
Snow No.1 beer brand in China. It has grown from a regional brand into the largest brand by volume, not just in China, but in the world
Coors Light With its innovative super cold indicator label, new packaging and advertising, Coors Light has become the No.2 brand in the USA
Market-leading brands
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Global premium brands
Our four global brands have their own distinct
provenance and characteristics comprising:
the Italian style and craftsmanship
of Peroni Nastro Azzurro
the worlds original pilsener beer, the Czech-brewed Pilsner Urquell
the North European, non-conformist,
iconic Grolsch
the embodiment of American urban cool,
Miller Genuine Draft
Global
Premium
Local
Premium
Mainstream
Affordable/
Economy
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Local premium brandsLocal premium brands are growing strongly and widen the choice for consumers
looking for affordable luxury:
Global
Premium
Local
Premium
Mainstream
Affordable/
Economy
Seasonal derivatives of Cusquea in
Peru and Club Colombia in Colombia have
underpinned double-digit volume growth
Maluti Premium Lager was recently
reinvigorated to counter new premium
competition in Lesotho and now has
a premium market share of over 70%
Castle Lite, the new low calorie option
for consumers in South Africa, has
experienced very strong growth
Kozel 11 has performed strongly in
the Czech Republic, particularly in
the on-premise channel as a result
of outlet expansion
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Mainstream brandsGlobal
Premium
Local
Premium
Mainstream
Affordable/
Economy
Mainstream brands are at the core of our
brand portfolios and the main contributors
to volume sales:
In 2011 sales volumes by CR Snow in China
passed 100 million hectolitres
Previously a regional brand, Poker is now
a market leader across Colombia and one
of the most profitable brands in Bavarias portfolio
Castle Lagers sponsorship of South Africas 2010 FIFA World Cup team, and a more
recent campaign, It all comes together with a Castle, have driven double-digit growth
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Affordable/Economy brands
Global
Premium
Local
Premium
Mainstream
Affordable/
Economy
Affordable and economy brands cater to the aspirations of our lower
income consumers:
Eagle Brewed from barley malt and Uganda's finest home-grown Epuripursorghum, which is specifically cultivated for Eagle Lager and Eagle Extra
Impala The world's first commercial-scale cassava-based beer, brewed using 70% cassava sourced from smallholder farmers in Mozambique
In Latin America we introduced guilita and Pilsener in smaller, lower cost
225ml bottles and Poker, guilita and guilita Light in larger 750ml bottles
designed for sharing
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Low/non-alcohol andsoft drink portfolios
Although we are first and foremost a beer business,
we also brew low and non-alcoholic beers
We are also growing opportunities in adjacent non-
alcoholic categories such as malt, water and other
soft drinks
We bottle soft drinks for The Coca-Cola Company
in El Salvador, Honduras, and 20 of our African
markets, and for Pepsico International in Panama
5 In alliance with Castel in 14
of these markets
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Expanding from our roots in Africa, weve built leading positions in all regions of the world in both emerging and developed markets
Building our global footprint
Global
growth
Primary listing on the
London Stock Exchange
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India
El Salvador,
Honduras,
Strategic alliance with
Castel Group in Africa
Creation of SABMiller
following the purchase of
Miller Brewing Company
Italy
South
America
Pacific Beverages JV
with Coca-Cola Amatil
formed in Australia
Ukraine,
Southern Sudan,
Acquisition of Royal Grolsch N.V.,
Creation of MillerCoors JV
in USA and Puerto Rico
Acquisition of remaining
shares in Poland
Argentina
Acquisition of Fosters Group Australia
SABMiller forms
strategic alliance
with Anadolu Efes
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We operate in both mature and emerging markets, exposing us to a range
of profitable and high-growth countries
Mature markets: above-average profit pools our focus is on enhancing value and improving margins
Emerging markets: above-average growth potential
76% of group EBITA is from developing and emerging economies
Highest beer volume growth is forecast to come from developing and
emerging markets, driven by the growth of middle class consumers
Strongly positioned in the right markets
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Sustainable development
Sustainable development is integral to the way
we do business
Beer is a local business typically brewed, sold and consumed in the same community
Our success is linked to the well-being of
the communities in which we operate
We work with partners globally and locally
to tackle the sustainable development
challenges we jointly face
Our framework Ten Priorities. One Future informs how we focus our efforts and
prioritise our resources
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Inclusive growth We seek to generate inclusive growth by building
value chains that drive economic growth and
stimulate social development while using scarce
natural resources efficiently
In this way, we can generate long-term returns
for our business while creating wealth for the
communities and protecting th