Not exact matches
The Danish
beer maker, the world's fourth largest, announced the CEO transition on the same day that it reported earnings per share and gross
beer sales
volume declined for the second straight year in 2014.
Exported
beer declined -0.5 % by
volume and
declined -0.4 % by value over the last twelve months.
But Lion, which is owned by Japanese giant Kirin and sells
beer brands including XXXX Gold, Tooheys, West End and James Boag, is struggling with
declining profits as sales
volumes of mainstream
beer drop to 70 - year lows.
AUS: Kirin's Lion Nathan National Foods suffers Q1 sales fall Kirin Holdings - owned Lion Nathan National Foods (LNNF) has reported a fall in first quarter sales due to a
decline in
beer volumes and di
While the
beer market remained challenging, with
volumes down 4.6 per cent on an annualised basis, Lion said the
decline has started to slow, with quarterly
volumes down only 2.8 per cent.
However, the domestic
beer segment still is combating
volume declines as premiumization trends have hampered growth for sub-premium and premium
beer segments.
Domestic premiums (Budweiser, Bud Light, Miller Lite, Coors Light and others)-- the largest
beer segment — are in
decline, as
volume sales dropped 3.9 percent while dollar sales dipped 3 percent.
As competition intensified and the total New Zealand (NZ)
beer market saw a
decline of 3.1 per cent for the first quarter, Lion's
beer, spirits and wine division in NZ saw a
volume decline of 5 per cent when compared to the same period in 2012.
The
beer decline weighed down the performance of total beverage alcohol, where the growth of spirits (2.3 percent) and wine (1.3 percent) were unable to make up the difference in
volume.»