Monday, February 27, 2012

SABMiller : Strong Non-U.S. Company in the Beverage Market



Benjamin S. Marks

SABMiller is a non-us company that is a key player in the Beverage industry. SABMiller is a global company that is headquartered in the United Kingdom, and is also the world’s second largest brewer in the world based on revenue. This makes SABMiller a key player in the Beverage industry as it expands into many markets, as well as having an extremely strong presence in South Africa.  
SABMiller shows that it is a strong company through its dividends as it increased its dividends per share by 19% from 2010 to 2011 (68 cents to 81). They also saw an increase in their adjusted EPS (earnings per share) by 19%. The numbers for the company do not end there, as they lowered their net debt by 16% and increased their production by 2%.
While SABMiller was created by SAB (South African Breweries) acquiring Miller Brewing, the SAB portion of the company is what dominates South Africa. SAB has multiple breweries in South Africa. Furthermore, this portion of SABMILLER contains hops farms in South Africa, which allows the company to amplify its foothold in South Africa as they supply, create, bottle, and distribute the products through their company.
SABMiller also strengthens its foothold in South Africa through its soft drink division called Amalgamated Beverage industries. This division is the largest producer and distributor of Coca-Cola products in South Africa and reaps the benefits of producing the Coca-Cola Company’s products. This is also a big money maker for the company.
23% of SABMiller’s business is from South Africa, and its only bigger area of Business is Latin America with 31%. What makes SABMiller a key player in this region is that their “primary brewing and beverage operations cover six countries across South and Central America.” What is special about this is that within each of these countries, they are the number one brewer by market share.
With these two regions making up 54% of their business and for SABMiller to be the number one brewer in these areas shows the companies dominance in the Beverage industry.
* A key thing to note is that SABMiller is always trying to expand their footholds. A great example of this is shown as they are trying to double their capacity in Uganda. This is a great example of why SABMiller is such a strong Non-US Company. *




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