Majestic Wine 2013/14 Interim Results
|
|
- Dennis Preston
- 5 years ago
- Views:
Transcription
1 Majestic Wine 2013/14 Interim Results
2 Key Competitive Advantages > > Excellent customer service delivered by highly trained store teams > > Taste before you buy, free to attend wine events and wine courses > > Data 95% of transactions are recorded on our database > > Full party service with substantial depth of stock held at store level > > Extensive product range supplemented with interesting parcels of wine > > Free delivery of six bottles throughout the UK > > Experienced multichannel retailer 1
3 Overview > > Profit before tax up 4.2% to 9.5m (2012: 9.2m) > > Total Group sales up 3.3% to 130.2m (2012: 126.0m) > > 5.0% increase in interim dividend to 4.2p per share (2012: 4.0p) > > Like for like sales in UK retail stores down 0.4%, impacted by timing of Easter and last year s Jubilee celebrations > > Like for like sales in UK retail stores up 3.0% for the following seventeen weeks from 4 June to the end of the half > > Overall, good progress made in the four pillars of our growth strategy New store roll-out Ecommerce Fine wine Commercial 3
4 Christmas 2013 > > Well stocked and fully staffed for key Christmas trading period > > Increased direct mail frequency over Christmas 3 mailings in November and December > > November Pick n Mix 33% off any 2 bottles from a range of 47 wines > > Christmas flyer will be mailed to 525,000 active customers > > Series of great value, short term online offers 4
5 Christmas
6 UK Wine Market Year to end September 2013 Wine Market Still wine value growth +2.2% +2.1% Volume decline -2.0% -2.5% Average bottle price Source: Nielsen Majestic Still wine value growth +5.8% +7.5% Volume growth +1.6% +2.6% Still wine average bottle price Average transaction value Still wine market share 4.0% 3.8% Total wine market share 4.1% 4.0% 6
7 Sales Trends Year to end September 2013 > > Impressive sales growth of Prosecco (39%), Malbec from Argentina (40%) and Provence Rosé (50%) Product Mix 2013 Still Wine Champagne Sparkling Beer and Cider Spirits Other 71.2% 12.4% 6.4% 5.5% 1.8% 2.7% Still Wine % Split 2013 Majestic Market France 34.8% 14.2% New Zealand 18.2% 5.7% Spain 11.8% 10.2% Italy 9.7% 15.1% Chile 8.9% 8.0% Australia 5.1% 19.9% Argentina 4.8% 1.5% South Africa 4.4% 8.6% USA 1.1% 12.8% 7
8 Sales 26 weeks ending Change 000 s 000 s % UK retail store sales 112, , King s Cross 4,586 3, Wholesaling 1,525 3,218 (52.6) Total Majestic UK sales 118, , Lay & Wheeler 7,859 6, Majestic Wine Calais 4,193 4, * Total Sales 130, , UK retail sales growth Net new store space 3, Like for like sales decrease (503) (0.5) 3, * Like for like sales (0.6)%. 8
9 Gross Margin 26 weeks ending Change 000 s 000 s % Total sales 130, , Cost of sales (100,609) (96,977) 3.7 Gross margin 29,572 28, Gross margin % Gross margin % Adverse labour cost absorption (0.3) Increase in product margin 0.1 Reduction in Calais margin (0.1) Gross margin %
10 Operating Costs 26 weeks ending Change 000 s 000 s % Store occupancy costs 7,421 6, Fleet costs 1,568 1,575 (0.4) Store depreciation 1,701 1, Depot wages Other distribution costs 1,583 1, Total distribution costs 12,885 11, Marketing costs 1,349 1, Media costs 887 Staff costs 3,774 4,155 (9.2) Other administrative costs 2,350 2, Total administrative costs 7,473 8,165 (8.5) 10
11 Profit, EPS & Dividend 26 weeks ending Change 000 s 000 s % EBITDA 12,188 11, Depreciation and Amortisation (2,596) (2,394) 8.4 Interest (48) (62) (22.6) Profit before tax 9,544 9, Tax charge (2,291) (2,449) Profit for the period 7,253 6, Tax rate % Diluted EPS 11.0p 10.4p 5.8 Dividend per share 4.2p 4.0p
12 Cash Flow 26 weeks ending Change 000 s 000 s 000 s Operating profit 9,592 9, Depreciation / amortisation 2,596 2, Working capital movement (6,092) (2,067) (4,025) Tax paid (2,412) (2,878) 466 Net capital expenditure (2,970) (5,261) 2,291 Net returned to shareholders (7,457) (5,287) (2,170) Other (149) (165) 16 Total cash flow (6,892) (4,042) (2,850) Net debt (4,004) (2,911) (1,093) 13
13 Lay & Wheeler 26 weeks ending s 000 s Sales 7,849 5,098 Net en primeur adjustment 10 1,584 Sales statutory basis 7,859 6,682 Profit before interest Net en primeur adjustment Profit statutory basis Add back amortisation Profit pre-amortisation Deferred en primeur profit Opening en primeur balance (1,020) (2,018) Movement in en primeur Closing en primeur balance (912) (1,639) 14
14 Segment Results 26 weeks ending Change 000 s 000 s % Revenue Majestic 118, , Lay & Wheeler 7,849 5, Majestic Wine Calais 4,193 4, Segment revenue 130, , Net en primeur adjustment 10 1,584 Total revenue 130, , Profit before interest and tax Majestic 8,357 7, Lay & Wheeler Majestic Wine Calais (19.2) Segment results 9,484 8, Net en primeur adjustment Total profit before interest and tax 9,592 9,
15 New Store Roll-Out 3 new locations Havant Lytham St Annes Durham To give 195 stores at the half year 3 openings since the half year end Grantham Maidenhead Lichfield Lewes, Petersfield, Tenterden, Cheadle Hulme and Nottingham North to open before Christmas To give 203 stores in the UK Expect 5 further openings in Q4 > > Head Office moves and Distribution Centre relocates in May 2014 > > This gives us the capacity to grow to 330 UK stores 16
16 New Store Lytham St Annes 17
17 Ecommerce > > Online sales up 8.3% to 13.8m representing 10.3% of UK retail sales (2012: 9.8%) > > Transactions increase of 8.4%; average spend of 147 (2012: 147) > > Third generation of the website launched seamlessly in July 2013 featuring: Store specific stock display Intelligent product recommendation Improved search and navigation Click and Collect > > Future proofed for at least 5 years of growth > > Visibility of store specific stock allows customers to choose from a much greater range and fully realises Click and Collect > > Click and Collect orders up 24.0% > > Unique parcels of wine marketed as web exclusives 18
18 Ecommerce 19
19 Majestic Commercial > > Team of 44 Business Development Managers and Key Account Managers (2012: 37) selling business to business > > Regional team target restaurants and gastropubs > > King s Cross team focus on large businesses, contract caterers and entertainment venues > > Sales to these managed accounts up 26.1% to 18.6m (2012: 14.8m) > > Store network is a key competitive advantage both for lead generation and order fulfilment > > Recognised as Great Value Merchant of the Year at The Sommelier Wine Awards
20 Majestic Commercial Imbibe Live
21 Fine Wine > > Sales of wine priced at 20 and above up 15.6% and now represent 6.6% of UK retail sales (2012: 5.9%) > > Over 120 fine wine brands on enhanced buy any two save 10 promotional mechanic > > Programme of supplier tastings for store staff > > Fine wine open for customer tasting every Saturday in September and October tasted by staff so that they can sell with confidence > > Spotlight tasting featuring fine wines for Christmas on 7 December 22
22 Fine Wine 23
23 Customer Engagement Come and Explore > > Good progress in acquiring new customers. 631,000 active customers on the database (2012: 594,000) > > Delivery of Come & Explore proposition through increased customer engagement targeting new and active customers Increasing personalisation of communications based on previous purchase history Differentiation through a guided tasting program Taste and Explore, all free to attend Saturday spotlight tastings The Wine Course Seasonal evening events Over 30,000 customers attended one of these tastings in the period > > Recognised as High Street Chain of the Year at the International Wine Challenge and Best National Wine Merchant at Decanter World Wine Awards 24
24 Customer Engagement Come and Explore 25
25 Majestic Wine Calais > > Two stores in Calais catering for consumers wishing to take advantage of the much lower rate of alcohol duty in France > > Like for like sales down 0.6% on a constant currency basis > > Profit before interest and tax of 660k (2012: 817k) > > Pre orders represent 42% of sales (2012: 42%) > > 10 fuel save discount for every 150 pre-ordered > > Customers guaranteed to save a minimum of 2 per bottle on the prices we retail in our UK stores > > Over 60 wines, starting at 2.99, available with a saving of 3 per bottle on our UK prices 26
26 Majestic Wine Calais 27
27 Lay & Wheeler > > Our fine wine merchant with particular expertise in en primeur sales, cellarage and broking > > Profit before interest and tax of 575k (2012: 506k) > > Bordeaux 2012 campaign sales of 1.6m (2011: 1.6m) > > 2011 Vintage Port sales of 315k (2007: 110k) > > Lay & Wheeler Fine Wine Plan marketed to Majestic customers > > Members gain access to a range of special benefits, including a Privilege Card rewarding them with a 10% discount at Majestic > > Programme of Fine Wine Plan customer tastings 28
28 Lay & Wheeler Taylor s Quinta de Vargellas Estate, Douro, Portugal 29
Majestic Wine 2011/12 Interim Results
Majestic Wine 2011/12 Interim Results Overview > > Total Group sales up 8.7% to 127.8m (2010: 117.6m) > > Like for like ex VAT sales up 2.7% > > Profit before tax up 20% to 8.8m (2010: 7.3m) > > 15.2%
More informationMajestic Wine 2010/11 Results
Majestic Wine 2010/11 Results Overview > > Total Group sales up 10.3% to 257.3m (2010: 233.2m) > > Like for like ex vat sales up 5.3% > > Profit before tax up 26.6% to 20.3m (2010: 16.0m) > > 9.7p final
More informationPreliminary unaudited financial results for the full year ended 30 June Amount for this reporting period
Marlborough Wine Estates Group Limited Results for Announcement to the Market Preliminary unaudited financial results for the full year ended 30 June 2017 Reporting Period 1st July to 30th June 2017 Previous
More informationFor personal use only
ABNN 78 052 179 932 Company Announcements Australian Securities Exchange 24 February 2016 Australian Vintage Half Year Result to 31 December 20155 Branded Sales Dry Profit up by 80% % Key Points Net Profit
More informationABN Australian Vintage Limited Full Year Result to 30 June 2018 Profit up 79% and Record Cash Flow
ABN 78 052 179 932 Company Announcements Australian Securities Exchange 29 August 2018 Key Points Australian Vintage Limited Full Year Result to 30 June 2018 Profit up 79% and Record Cash Flow Net Profit
More informationRESTAURANT OUTLOOK SURVEY
Reference Period: Fourth Quarter 2016 RESTAURANT OUTLOOK SURVEY Prepared by Chris Elliott, Senior Economist January 23, 2017 Q2-2011 Restaurant Outlook Survey Fourth Quarter 2016 1 Highlights The share
More informationDELIVERING REFRESHING SOFT DRINKS
BEVERAGES DIVISION DELIVERING REFRESHING SOFT DRINKS Swire Beverages manufactures, markets and distributes refreshing soft drinks to consumers in Hong Kong, Taiwan, Mainland China and the USA. 46 215 PERFORMANCE
More information2016 was Telepizza Group s best year for chain sales 1 and EBITDA growth over the last decade
Telepizza Full-Year Results for 2016 2016 was Telepizza Group s best year for chain sales 1 and EBITDA growth over the last decade Chain sales 1 grew by 7% to 517M while Underlying EBITDA rose by 10% to
More informationDECEMBER 2015 HALF YEAR RESULTS BRANDED SALES DRIVES PROFIT UP BY 80% 24 th February 2016
DECEMBER 2015 HALF YEAR RESULTS BRANDED SALES DRIVES PROFIT UP BY 80% 24 th February 2016 Disclaimer The information in this presentation is general advice, given in good faith and derived from sources
More informationSeeka Limited. Retail Investors March 2019
Seeka Limited Retail Investors March 2019 Orchard-to-market excellence Seeka is an international fresh produce business In Australia Grow, process and market - Kiwifruit - Nashi pears - European pears
More information$ BUY STARBUCKS CORPORATION (SBUX) Rena Kaufman. Valuation Methodology. Market Data. Financial Summary (7/1/2018) Profile. Financial Analysis
STARBUCKS CORPORATION (SBUX) Market Data Market Cap (intraday): $69,991M Enterprise Value (Aug 9, 2018): $74,898M Enterprise Value/EBITDA (ttm): 14.97x Rena Kaufman $51.88 - BUY Valuation Methodology Method
More informationCoca-Cola beverages bring a refreshing taste to consumers.
Coca-Cola beverages bring a refreshing taste to consumers. BEVERAGES DIVISION DELIVERING REFRESHING SOFT DRINKS Swire Beverages manufactures, markets and distributes refreshing soft drinks to consumers
More informationAustralian Vintage Ltd. December 2017 Half Year Results 21 st February 2018
Australian Vintage Ltd. December 2017 Half Year Results 21 st February 2018 Australian Vintage Ltd. December 2017 Half Year Results Disclaimer The presentation has been prepared by Australian Vintage Limited
More informationFoodservice EUROPE. 10 countries analyzed: AUSTRIA BELGIUM FRANCE GERMANY ITALY NETHERLANDS PORTUGAL SPAIN SWITZERLAND UK
Foodservice EUROPE MARKET INSIGHTS & CHALLENGES 2015 2016 2017 2020 Innovative European Foodservice Experts 18, avenue Marcel Anthonioz BP 28 01220 Divonne-les-Bains - France 10 countries analyzed: AUSTRIA
More informationONE YEAR ANNUAL RESULTS FONTERRA FONTERRA CO-OPERAT CO-OPERA IVE GROUP LTD
ONE YEAR. 2012 ANNUAL RESULTS FONTERRA CO-OPERATIVE GROUP LTD 1 SIR HENRY VAN DER HEYDEN CHAIRMAN FONTERRA CO-OPERATIVE GROUP LTD 2 OVERVIEW Highlights Business performance Update on strategy Questions
More informationSPIRITS BUSINESS THE MEDIA PACK 2012 THE ONLY INTERNATIONAL TRADE MAGAZINE SOLELY DEDICATED TO SPIRITS
ONLY INTERNATIONAL TRADE MAGAZINE SOLELY DEDICATED TO MEDIA PACK With a trend towards more sophisticated off-trade drinking, consumers seeking even more value for money, and continued growth in a largely
More informationNetworkers Business Update. December 2014
Networkers Business Update December 2014 Agenda Forecast Milk Price Global markets V3 Strategy Growing our share of New Zealand milk Page 2 Forecast Milk Price 110 100 2012/13 2013/14 2014/15 Forecast
More informationFinancial Results for Fiscal Year Ending December 31, February 12, 2016 Suntory Beverage & Food Limited
2016 SUNTORY 2013 BEVERAGE SUNTORY BEVERAGE & FOOD & LIMITED. Limited. All Rights All Reserved Rights Reserved. Financial for Fiscal Year Ending December 31, 2015 February 12, 2016 Suntory Beverage & Food
More informationPresentation on Half Yearly Results. Analyst Meet November 2014
Presentation on Half Yearly Results Analyst Meet November 2014 1 Agenda Key Themes Performance Highlights Operating Performance Review Financial Review 2 Key Themes H1 2014-15 Improved profitability in
More informationValue increase in the alcohol market
Value increase in the alcohol market Warsaw, June 2018 Get to know AMBRA AMBRA Group is a leading manufacturer, importer and distributor of wines and other alcohol beverages in the Central-Eastern Europe.
More informationPeet's Coffee & Tea, Inc. Reports 62% Increase in Second Quarter 2008 Diluted Earnings Per Share
Peet's Coffee & Tea, Inc. Reports 62% Increase in Second Quarter 2008 Diluted Earnings Per Share EMERYVILLE, Calif., July 31, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Peet's Coffee & Tea,
More informationCROWDFUNDING PITCH DECK 2017
CROWDFUNDING PITCH DECK 2017 BACK A WINNER www.ascotbrewing.co.uk Investments of this nature carry risks to your capital. Please invest aware. EXECUTIVE SUMMARY Ascot Brewing Company, a successful brewery
More informationStarbucks consumer relationship programme
Starbucks consumer relationship programme Case study Digital content ECRM Brand logo (for case studies) Case study Best in class ECRM & email content Starbucks are a best in class example of how a fast
More informationFinancial Results for Q3 Fiscal Year Ending December 31, 2018 November 5, 2018 Suntory Beverage & Food Limited
Financial Results for Q3 Fiscal Year Ending December 31, 2018 November 5, 2018 Suntory Beverage & Food Limited 2018 SUNTORY BEVERAGE & FOOD LIMITED. All Rights Reserved. 1 Results for Q3, FY2018 (9 months)
More informationTable grape. Horticulture trade intelligence. Quarter 1: January to March 2017
Horticulture trade intelligence A custom report compiled for Hort Innovation by Euromonitor International Table grape Quarter 1: January to March 217 Horticulture trade intelligence: Table grape: 217:
More informationMarket Consumer Expenditure ( m)
Supplementary Information Market and Financial Preliminary i Results 26 November 2009 Market Consumer Expenditure ( m) 80000 1984 to 2008 Total Total (Nominal) (Real) 6.4% 1.4% 70000 60000 50000 8.3% 3.3%
More informationThe state of the European GI wines sector: a comparative analysis of performance
The state of the European GI wines sector: a comparative analysis of performance Special Report November 2017 1. Overview of a growing global wine market Wine is one of the most globalised products. The
More informationDIRECTORS AND CEO REPORT
FOR THE YEAR ENDED 30 JUNE 2018 The Directors of Foley Family Wines Limited (FFW) wish to announce the 2018 operating results and annual report for the 12 months ended 30 June 2018. Highlights: Case sales
More informationQUARTELY MAIZE MARKET ANALYSIS & OUTLOOK BULLETIN 1 OF 2015
QUARTELY MAIZE MARKET ANALYSIS & OUTLOOK BULLETIN 1 OF 2015 INTRODUCTION The following discussion is a review of the maize market environment. The analysis is updated on a quarterly 1 basis and the interval
More informationDrinks Ontario Fall Members Meeting 22 November 2013
Drinks Ontario Fall Members Meeting 22 November 2013 Shari Mogk-Edwards Vice President, Products, Sales and Merchandising Kathy Cannon Director, VINTAGES Dave Misetich Inventory Manager, VINTAGES Kelly
More informationTrends & Styles in Northern European Markets
Trends & Styles in Northern European Markets by Job de Swart MW RAI - AMSTERDAM 26 NOVEMBER 2018 Who is this guy? - Job de Swart is the 3rd Dutchman to become a Master of Wine in 2018 - Wine buyer for
More informationYum! Brands Drive Profitable International Expansion. Graham Allan YRI President
Yum! Brands Drive Profitable International Expansion Graham Allan YRI President Yum! International Division Agenda... 2006 Results/2007 Outlook Building Our Global Brands Future Growth Another Strong Year
More informationPress release Vevey, October 18, Nestlé reports nine-month sales for 2018
Press release Vevey, October 18, 2018 Follow today's event live 14:00 CEST Investor call audio webcast Full details: https://www.nestle.com/media/mediaeventscalendar/allevents/2018-nine-month-sales Nestlé
More informationBottled Water Category Overview
Bottled Water Category Overview 2014-2015 Disclaimer The following information is offered in good faith and represents an unqualified interpretation of a range of industry commentary and market data. It
More informationStrong Holiday Performance Drives 5% Global Comp Growth, Global Traffic Increases 2%
Starbucks Delivers Record Q1 Revenue and EPS Strong Holiday Performance Drives 5% Global Comp Growth, Global Traffic Increases 2% Revenues rise 13% to a record $4.8 billion; EPS of $1.30 includes a gain
More informationVINITRAC GLOBAL REPORTING EXAMPLES 2015
VINITRAC GLOBAL REPORTING EXAMPLES 2015 Wine Intelligence 2015 1 Which wine producing country has seen the biggest proportional increase in its user base in the UK since 2013? a. New Zealand b. Spain c.
More informationFocused on Delivering
34 Swire Pacific Annual Report 2009 Focused on Delivering Swire Beverages is one of the largest Coca-Cola bottlers in the world and the number one bottler in Mainland China with a powerful production and
More informationBoston Beer Company, Inc. SELL Price Target: $110 Key Statistics as of 04/29/2016. Thesis Points: Company Description: NYSE:SAM
Boston Beer Company, Inc. NYSE:SAM Analyst: Sector: Lionel Krupka Consumer Disc. SELL Price Target: $110 Key Statistics as of 04/29/2016 Market Price: Industry: Market Cap: 52-Week Range: Beta: $156.08
More informationMARKETING WINE: DEVELOPING NEW MARKETS IN ASIA
MARKETING WINE: DEVELOPING NEW MARKETS IN ASIA MARKETING WINE: DEVELOPING NEW MARKETS IN ASIA GEOGRAPHY OF MARKETS IN ASIA INDIA CHINA HONG KONG MACAO THAILAND VIETNAM SINGAPORE MALAYSIA SOUTH KOREA TAIWAN
More informationIMPORTANCE OF LODI WINES IN THE RETAIL CHANNEL AND OPPORTUNITIES FOR GROWTH. Curtis Mann Director of Wine & Beverage Raley s Family of Fine Stores
IMPORTANCE OF LODI WINES IN THE RETAIL CHANNEL AND OPPORTUNITIES FOR GROWTH Curtis Mann Director of Wine & Beverage Raley s Family of Fine Stores Raley s Overview 3 Billion Dollar Company 120 Stores across
More informationFinancial results 2014/2015. Strategy and development perspectives
Financial results 2014/2015 Strategy and development perspectives Warsaw, September 2015 1 Agenda Strategy of the AMBRA Group Wine market in Poland Financial results and KPIs for 2014/2015 Development
More informationAustralian Vintage Ltd. June 2017 Results 30 th August 2017
Australian Vintage Ltd. June 2017 Results 30 th August 2017 Australian Vintage Ltd. June 2017 Results Disclaimer The presentation has been prepared by Australian Vintage Limited (ACN 052 179 932) ( AVG
More informationCompany Presentation. Opportunity Day 3Q2013 December, 2013
Company Presentation Opportunity Day 3Q2013 December, 2013 Company Presentation Opportunity Day 3Q2013 December, 2013 Disclaimer Copyright 2013 MK Restaurant Group Public Company Limited. All rights reserved.
More informationMARKET NEWSLETTER No 111 December 2016
On 1 January 2017 the new International Agreement on Olive Oil and Table Olives, 2015, came into force, being the sixth International Agreement of the Organisation. This new Agreement will allow the IOC
More informationStrategy and development perspectives
Strategy and development perspectives Warsaw, 5 June 2017 AMBRA in brief 1992 establishment of AMBRA S.A. 1995 leader of the sparkling wines segment 1997 acquisition of the CIN&CIN brand 2005 IPO and formation
More informationFlinders University Catering Delivery Package
Flinders University Catering Delivery Package Thank you for considering Alere at Flinders and the award winning Blanco Horner Hospitality Management (Blanco Horner) team. Opened in 2016, Alere Restaurant
More informationThis is Haruhisa Inada. I will explain the financial results of the first quarter of FY 2018.
This is Haruhisa Inada. I will explain the financial results of the first quarter of FY 2018. 1 Compared to the previous year, revenue was 277.1 billion yen, up 3.3%, operating income was 26.6 billion
More informationFinancial Results for H1 Fiscal Year Ending December 31, August 6, 2015 Suntory Beverage & Food Limited
Financial Results for H1 Fiscal Year Ending December 31, 2015 August 6, 2015 Suntory Beverage & Food Limited 2015 SUNTORY 2013 BEVERAGE SUNTORY BEVERAGE & FOOD & LIMITED. Limited. All Rights All Reserved
More informationFind the wine you are looking for at the best prices.
Media Kit 2017 Wine-Searcher Find the wine you are looking for at the best prices. Wine-Searcher is dedicated to finding and pricing wine. Thanks to some seriously smart tech, Wine-Searcher brings the
More informationTen Peaks Coffee Company Inc. 1
Ten Peaks Coffee Company Inc. 1 Management s Discussion and Analysis This Management s Discussion & Analysis ( MD&A ) of Ten Peaks Coffee Company Inc. ( Ten Peaks or the Company ), dated as of March 16,
More informationInternational Beverage. Frank van Oers
International Beverage Frank van Oers Long-term Growth Will Come from Single-Serve and Instants FY08 $3.2 Billion 6% 7% 8% 11% 18% 12% 38% 4% 24% 12% 3% 56% 1% 2 Multi-Serve (ex. Brazil) Single-Serve Instants
More informationFonterra: GLOBAL DAIRY UPDATE JULY 2013 ISSUE ELEVEN
Fonterra: GLOBAL DAIRY UPDATE JULY 2013 ISSUE ELEVEN Welcome to our latest Global Dairy Update. The Update is Fonterra s commitment to continually educating and informing our farmers and wider stakeholders
More informationPizza Pizza Royalty Corp. ANNUAL GENERAL MEETING May 29, 2013
Pizza Pizza Royalty Corp. ANNUAL GENERAL MEETING May 29, 2013 1 Elizabeth Wright, Board Chair 2 Forward-Looking Statement This presentation will contain forward-looking statements. Investors should be
More informationSample. TO: Prof. Hussain FROM: GROUP (Names of group members) DATE: October 09, 2003 RE: Final Project Proposal for Group Project
Sample TO: Prof. Hussain FROM: GROUP (Names of group members) DATE: October 09, 2003 RE: Final Project Proposal for Group Project INTRODUCTION Our group has chosen Chilean Wine exports for our research
More informationRegional Brands, National Potential. International Summit Agricultural & Food Transportation
Regional Brands, National Potential International Summit Agricultural & Food Transportation Wednesday, December 3, 2008 1 Mike Townsley President Food Products Division 2 3 4 5 Our Way of Doing Business
More informationInvestor Roadshow. December 2007
Investor Roadshow December 2007 Agenda About Britvic Market Dynamics Strategy Financial Headlines Investment Highlights Overview Britvic is one of the two leading branded soft drinks business in Great
More informationRestaurant bookings. Jean-Michel Jaguenaud
Restaurant bookings Jean-Michel Jaguenaud Agenda Part 1: Environment Sector evolution Tax and legal environment Part 2 : Managing a restaurant Sales Cost structure Part 1 Environment Out-of-home dining
More informationMexico Milk Cow Numbers and Milk Production per Cow,
TABLE OF CONTENTS 1. Mexico 1.1. Mexico Milk Market Introduction 1.1.1. Dairy Market Structure and Supply Chain in Mexico 1.1.2. Mexico Cow Milk Market Production and Fluid Milk Consumption by Volume,
More informationFebruary 2015 Operational case study examination Pre-seen materials. Contents
February 2015 Operational case study examination Contents Page 1. Introduction and overview of Valley Spring 2 2. Financial statements for the year ended 31 December 2014 4 3. Costing schedules for the
More informationEMBARGO TO ON FRIDAY 16 SEPTEMBER. Scotch Whisky Association. Exports of Scotch Whisky; Year to end of June 2016 (2016 H1)
EMBARGO TO 00.01 ON FRIDAY 16 SEPTEMBER Scotch Whisky Association Exports of Scotch Whisky; Year to end of June 2016 (2016 H1) VOLUME UP 3.1% to 531 MILLION bottles VALUE DOWN SLIGHTLY BY 1.0% TO 1.70
More informationGlobal Wine Report SAN JOAQUIN VALLEY WINE GROWERS ASSOCIATION NOVEMBER 29, 2017 DEDICATED BROKERS IN 8 COUNTRIES
Global Wine Report SAN JOAQUIN VALLEY WINE GROWERS ASSOCIATION NOVEMBER 29, 2017 DEDICATED BROKERS IN 8 COUNTRIES GLOBALLY BASED TO BUILD YOUR BUSINESS WORLDWIDE 1 INTRODUCTION Ciatti Co à 8 Regional Offices
More informationNZ Dairy Industry Report 2015
NZ Dairy Industry Report 2015 Executive Summary December 2015 www.tdb.co.nz 1 Principal contacts for this report: Geoff Taylor, Director Nigel Atherfold, Director Mob: 027 465 0024 Mob: 027 4650 057 Email:
More information16 17 October 2018 caffecultureshow.com
caffecultureshow.com 2 New Team, New Venue, New Dates, New Rates After 11 years at Olympia, the event is moving to the Business Design Centre in Islington, which is in the heart of one of London s most
More informationEU Sugar Market Report Quarterly report 04
TABLE CONTENT Page 1 - EU sugar prices 1 2 - EU sugar production 3 3 - EU sugar import licences 5 4 - EU sugar balances 7 5 - EU molasses 10 1 - EU SUGAR PRICES Quota As indicated and expected in our EU
More informationAngela Mariani. University of Naples Parthenope
Angela Mariani University of Naples Parthenope Workshop Mediterranean products in the global market Section 6: The global market for wine: issues and prospects p 17 June 2008 BRIEF COMMENTS ON THE FOLLOWING
More informationWORLD WINE SUPPLY OUTLOOK MARCH 5, 2017 THE VINEGAR INSTITUTE 2017 ANNUAL MEETING
WORLD WINE SUPPLY OUTLOOK MARCH 5, 2017 THE VINEGAR INSTITUTE 2017 ANNUAL MEETING DEDICATED BROKERS IN 8 COUNTRIES GLOBALLY BASED TO BUILD YOUR BUSINESS WORLDWIDE INTRODUCTION - CIATTI COMPANY - BROKER
More informationENTERING THE U.S. WINE MARKET ISRAEL WINE EXPO
1 ENTERING THE U.S. WINE MARKET ISRAEL WINE EXPO OVERVIEW OF THE U.S WINE MARKET Trends, Markets, Brand Economics OPPORTUNITIES / APPROACHES 2 U.S. WINE MARKET OVERVIEW Growth Continues For Twelve Consecutive
More informationRichard Girardot chief Executive Officer. Vevey, December 2 nd, 2009
Richard Girardot chief Executive Officer Vevey, December 2 nd, 2009 Disclaimer This presentation contains forward looking statements which reflect Management s current views and estimates. The forward
More informationAmerican Craft Beer in the UK on-trade. Richard Yarnell, Category Manager Beer & Cider Mitchells & Butlers
American Craft Beer in the UK on-trade Richard Yarnell, Category Manager Beer & Cider Mitchells & Butlers September 2011 1 Agenda The UK On-Trade Mitchells & Butlers Resurgence of Cask Ale in the UK Role
More informationQUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1
QUARTERLY REVIEW OF THE PERFORMANCE OF THE DAIRY INDUSTRY 1 The information in this document is from sources deemed to be correct. Milk SA, the MPO and SAMPRO are not responsible for the results of any
More informationKOREA MARKET REPORT: FRUIT AND VEGETABLES
KOREA MARKET REPORT: FRUIT AND VEGETABLES 주한뉴질랜드대사관 NEW ZEALAND EMBASSY SEOUL DECEMBER 2016 Page 2 of 6 Note for readers This report has been produced by MFAT and NZTE staff of the New Zealand Embassy
More information2017 FINANCIAL REVIEW
2017 FINANCIAL REVIEW In addition to activity, strategy, goals, and challenges, survey respondents also provided financial information from 2014, 2015, and 2016. Select results are provided below: 2016
More informationAssessment of Management Systems of Wineries in Armenia
International Wine Conference "Global Trends and Best Practices in the Wine World: Implications and Recommendations for Armenia" November 24, 2017 Assessment of Management Systems of Wineries in Armenia
More informationPreliminary Results 2008
Preliminary Results 2008 1 Gerald Corbett Chairman 2 John Gibney Finance Director 3 Financial Headlines FY08 m FY07 m % change Revenue 926.5 716.3 29.3 EBIT 96.7 80.0 20.9 EBIT Margin 10.4% 11.2% (80)bps
More informationGlobal Grape Report JUI CE P RODU C TS A S SOCI ATION FA L L BU S I N ESS M E E TING N OV E MBER 5,
Global Grape Report JUICE PRODUCTS ASSOCIATION 2017 FALL BUSINESS MEETING NOVEMBER 5, 2017 DEDICATED BROKERS IN 8 COUNTRIES GLOBALLY BASED TO BUILD YOUR BUSINESS WORLDWIDE INTRODUCTION Ciatti Co 8 Regional
More informationIntroduction TWEET EARLY, TWEET OFTEN SEND A SEASON S GREETING FEATURE A PRIX FIXE MENU ASSEMBLE YOUR STAFF BE RESERVATION READY
Introduction TWEET EARLY, TWEET OFTEN 1 SEND A SEASON S GREETING 2 FEATURE A PRIX FIXE MENU 3 ASSEMBLE YOUR STAFF 4 BE RESERVATION READY 5 DECK OUT YOUR RESTAURANT 6 CONCLUSION 7 Winter IS COMING Are you
More informationMichael Foley. Chai rman s statem ent Excise is the number one threat to the wine industry. A Snapshot: Ireland s wine industry
Irish WINE MARKET 2013 About the Irish Wine Association (IWA) The IWA represents wine distributors and importers in Ireland and is part of the Alcohol Beverage Federation of Ireland (ABFI). We promote
More informationO4W1703APP780 WSET Diploma Online
O4W1703APP780 WSET Diploma Online Examinations The examinations attached to your course are as follows: Unit 2 March 2017 (date to be confirmed) Unit 1 (Case Study) November 2017 (tbc) 10:30 11:45am registration
More information1
1 Introduction In his 213 budget, the then chancellor George Osborne abolished the beer duty escalator which increased beer duty by 2 per cent above the rate of inflation. A 1p cut in duty was also announced.
More informationNorth America Ethyl Acetate Industry Outlook to Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants
North America Ethyl Acetate Industry Outlook to 2016 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants Reference Code: GDCH0416RDB Publication Date: October
More informationWines of British Columbia Liberal Party of Canada s Pacific Caucus (July 19, 2016)
Wines of British Columbia Liberal Party of Canada s Pacific Caucus (July 19, 2016) Wine Region Comparison Region Acres Spain 2,724,700 France 1,966,510 Italy 1,712,607 United States 943,750 Argentina 560,000
More informationC O R P O R AT E S T R AT E G Y U P D AT E. October, 2018
C O R P O R AT E S T R AT E G Y U P D AT E October, 2018 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements, that should be considered as good faith estimates. Such statements
More informationWSTA Market Overview
WSTA Market Overview 2017 Contents The UK Alcohol Industry p.4 The Wine Story p.8 The Spirits Story p.12 A Reponsible Industry p.16 Taxation p.18 IWSR UK Wine and Spirits Data p.22 About the WSTA The WSTA
More informationConsumer and Market Insights Symposium James Omond Lawyer & trade mark attorney, Omond & Co Board Member, Wine Victoria and WFA
Consumer and Market Insights Symposium 2015 James Omond Lawyer & trade mark attorney, Omond & Co Board Member, Wine Victoria and WFA Trade and Export Victorian wine industry is an important exporting partner
More informationOther Non-Financial Alternative Investments: A Wide Variety of Potential Physical Investments
Financial Institutions Research Series Other Non-Financial Alternative Investments: A Wide Variety of Potential Physical Investments (Table of Contents) September 1, 2015 TABLE OF CONTENTS Evolution of
More informationA CELLAR FULL OF COLLATERAL: BORDEAUX v NAPA IN THE SEARCH FOR OENOLOGICAL GOLD
A CELLAR FULL OF COLLATERAL: BORDEAUX v NAPA IN THE SEARCH FOR OENOLOGICAL GOLD Tom McCluskey, Dublin City University Stéphane Ouvrard, Kedge Business School, Ian Taplin, Wake Forest University. Introduction
More informationRaymond James 33 rd Annual Institutional Investors Conference March 5, DineEquity, Inc. All rights reserved.
Raymond James 33 rd Annual Institutional Investors Conference March 5, 2012 Forward-Looking Information Statements contained in this presentation may constitute forward-looking statements within the meaning
More informationHow we re making a difference revitalizing the Malawian tea industry for workers to earn living wages. How we re making a difference - Malawi
How we re making a difference revitalizing the Malawian tea industry for workers to earn living wages How we re making a difference - Malawi 1 The Malawi Tea 2020 program, launched in September 2015, aims
More informationYour Invitation. REWARDING EXCELLENCE SINCE 1969 iwsc.net
Your Invitation REWARDING EXCELLENCE SINCE 1969 iwsc.net What is the IWSC? The International Wine & Spirit Competition s aim is quite simple; to recognise and reward the very best wines and spirits in
More informationCompany name (YUM) Analyst: Roman Sandoval, Niklas Podhraski, Akash Patel Spring Recommendation: Don t Buy Target Price until (12/27/2016): $95
Recommendation: Don t Buy Target Price until (12/27/2016): $95 1. Reasons for the Recommendation One of the most important reasons why we don t want to buy Yum is the growth prospects of the company in
More informationDISTILLERY REPORT. Prepared for Colorado Distillers Guild
DISTILLERY REPORT Prepared for Colorado Distillers Guild Consumer Insights and Business Innovation Center (CiBiC) Daniels College of Business, University of Denver Intern Researcher: Federica Bologna Faculty
More informationFood and beverage services statistics - NACE Rev. 2
Food and beverage services statistics - NACE Rev. 2 Statistics Explained Data extracted in October 2015. Most recent data: Further Eurostat information, Main tables and Database. This article presents
More informationNestlé Investor Seminar 2014
Nestlé Investor Seminar 2014 Beverage Nestlé USA Rob Case Nestlé Beverage Division President June 3 rd & 4 th, Liberty Hotel, Boston, USA Disclaimer This presentation contains forward looking statements
More informationFood brands. Food Europe. Food North America
Food brands Food Europe Cuisine de France offers the consumer traditional French breads, pastries and also a wide range of continental-style breads, confectionery and hot savoury items. Cuisine de France
More informationAdvantages: High Yield, Low Investment Unlimited Income Be Your Own Boss Home-Based Business
Coffee News Coffee News is the world s largest restaurant publication created in Canada in 1988. Today, Coffee News has 800 franchises in eighteen countries with millions of readers around the world. Benefits
More informationGLOBAL DAIRY UPDATE. Welcome to our March 2015 Global Dairy Update IN THIS EDITION Financial Calendar
GLOBAL DAIRY UPDATE Welcome to our ch 2015 Global Dairy Update IN THIS EDITION Fonterra milk collection New Zealand 7% lower in ruary 2015 and 1.5% higher for the season to date Australia 4% higher in
More informationOUR MARKET RESEARCH SOLUTIONS HELP TO:
CONSUMER INTELLIGENCE AND INSIGHTS ON THE SA WINE INDUSTRY 31 MAY 2011 1 COMPANY OVERVIEW We are MARKET RESEARCH AND CONSUMER INTELLIGENCE EXPERTS who ensure you make smarter, more-profitable decisions
More informationGlobal Concession Catering Market: Size, Trends & Forecasts ( ) December 2016
Global Concession Catering Market: Size, Trends & Forecasts (2016-2020) December 2016 Global Concession Catering Market Report Scope of the Report The report entitled Global Concession Catering Market:
More informationFINE DINING SURVEY Great British Chefs. All rights reserved
FINE DINING SURVEY 217 Great British Chefs. All rights reserved Summary In previous studies we looked primarily at how foodies cook at home this time, we wanted to dig into the way foodies eat out and
More informationChina: Opportunities & Challenges for Produce from South America. Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant
China: Opportunities & Challenges for Produce from South America Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant Agenda A Little Background: China s Economy Overview Setting the
More information