Anheuser-Busch InBev SA/NV · EURONEXT:ABI
Anheuser-Busch InBev SA/NV — MillerCoors — Q4 2015 Earnings Presentation
13 slides from Anheuser-Busch InBev SA/NV's earnings presentation, 2016
Slide 1: MillerCoors Q4 2015
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Slide 2: American Light Lagers
American Light Lagers Miller Lite and Coors Light • Both gained share of segment • Best volume performance for Coors Light since Q2 of 2014 2
Slide 3: Premium Regular
Premium Regular Coors Banquet • Mid-single-digit growth • Completed ninth straight year of growth 3
Slide 4: Winning in Above Premium
Winning in Above Premium • STRs in the Above Premium segment grew low-single digits in 2015, excluding Miller Fortune 4
Slide 5: Above Premium—Innovations
Above Premium—Innovations • Redd’s finished 2015 up double digits • Smith & Forge had the third best cider volume ranking in 2015 5
Slide 6: Above Premium—Craft
Above Premium—Craft Finished 2015 with low-single-digit growth 6
Slide 7: Below Premium
Below Premium • Steel Reserve grew mid-single-digits for 2015 due to the success of the Steel Reserve Alloy Series 7
Slide 8: MillerCoors Q4 2015
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Slide 9: Fourth Quarter Underlying Net Income
Fourth Quarter Underlying Net Income $213.3M $191.5M $1.328B $1.328B Pricing Sales Mix COGS/bbl Cost Savings Q4 2014 Q4 2015 MG&A FY* 2014 FY 2015 Volume *Full Year 9
Slide 10: Domestic Net Revenue Per Barrel
Domestic Net Revenue Per Barrel 3.3% 3.6% 2.5% 2.0% 1.6% 1.7% 1.2% 1.5% % Change vs. PY Increase due to favorable net pricing and positive sales mix. 10
Slide 11: Performance Results
Performance Results FY Net Sales Q4 Net Sales -1.6% -1.9% $7.726B $1.748B 11
Slide 12: Financial Highlights
Financial Highlights Total cost of goods sold (COGS) per barrel decreased 1.3 percent for the full year and 3.4 percent for Q4. Marketing, General and Administrative costs increased 4.1 percent for the full year and 14.2 percent for Q4. Depreciation and amortization expenses were $358.4 million for
Slide 13: MillerCoors Q4 2015
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