Anheuser-busch Inbev Sa/nv · EURONEXT:ABI
Anheuser-busch Inbev Sa/nv — Investor Day (2021)
98 slides from Anheuser-busch Inbev Sa/nv's investor day presentation, 2021
Slide 1: Welcome to the ABI 2021 Investor Seminar
Welcome to the ABI 2021 Investor Seminar
Slide 2: Legal Disclaimer
Legal Disclaimer Certain statements contained in this report that are not statements of historical fact constitute forward-looking statements, notwithstanding that such statements are not specifically identified. In addition, certain statements may be contained in the future filings of the Company w
Slide 3: Executing our Strategy
Executing our Strategy
Slide 4: Michel Doukeris, Chief Executive Officer
Michel Doukeris Chief Executive Officer
Slide 5: B2B software & Fintech Services
01 B2B software & Fintech Services ‒ Digitizing our existing base of customers ‒ Created best-in-class B2B platform ‒ Just getting started…
Slide 6: Direct to Consumer E-commerce
01 B2B software & Fintech Services To Recap… 02 Direct to Consumer E-commerce ‒ Reaching an underserved consumer base ‒ Win-win for consumers and ABI ‒ Access to occasions and real-time data
Slide 7: Biotech Initiatives
01 B2B software & Fintech Services 02 Direct to Consumer E-commerce 03 Biotech Initiatives ‒ Scaled fermentation process ‒ Potential to be part of global food solution
Slide 8: We have simplified the way we manage our business
We have simplified the way we manage our business Emerging Markets Developing Markets Developed Markets HIGH Canada Paraguay BEER/BBPER CAPITA CONSUMPTION UK US Brazil Netherlands Mexico Chile Panama Russia Colombia Belgium Viet Nam S. Africa Argentina Dominican Republic S. Korea Peru Ecuador Italy
Slide 9: Developing Markets
Developing Markets
Slide 10: China
ABInBev
Slide 11: Developed Markets
Developed Markets ABInBev
Slide 12: Emerging Markets
Emerging Markets
Slide 13: Priority geography clusters
Priority geography clusters Developing Developed Emerging Markets China Markets Markets
Slide 14: Developing Markets
Developing Markets
Slide 15: Carlos Lisboa, Zone President, Middle Americas
Carlos Lisboa Zone President, Middle Americas
Slide 16: The Opportunity
Developing Markets The Opportunity
Slide 17: Our Mission
Developing Markets Our Mission
Slide 18: Our Growth Formula
Developing Markets Our Growth Formula
Slide 19: Colombia Case
Developing Markets Colombia Case
Slide 20: Angélica Alzate
Angélica Alzate VP, Insights & Planning, Middle Americas
Slide 21: Core Transformation
Category Expansion Core Transformation
Slide 22: Core Volume Growth +5.5% ’21 vs ’19
Core Volume Growth +5.5%’21 vs ‘19
Slide 23: Premium Acceleration
Category Expansion Premium Acceleration
Slide 24: Domestic Premium Segment Volume Growth
Domestic Premium Segment Volume Growth +34%Oct ’21 vs ’19 Highest Month in History
Slide 25: Global Brands Volume Growth
Global Brands Volume Growth +74% ’21 vs ’19
Slide 26: A True Digital Ecosystem
Business Transformation A True Digital Ecosystem
Slide 27: A true digital ecosystem
Business Transformation A true digital ecosystem
Slide 28: Business transformation: +16.3% ’21 vs ’20
Y T BDu sNi nPe sSs TI m r a npsrf oorv mea tm i oe n nt +16.3% ’21 vs ‘20
Slide 29: China
ABInBev
Slide 30: Jan Craps, Zone President, APAC
Jan Craps Zone President, APAC
Slide 31: Win in China
Win in China
Slide 32: No.1 position, successful integration, Hong Kong listing
NO.1 position Successful integration Listing in in all beer & near-beer segments with SAB Miller Hong Kong Stock Market
Slide 33: Leading the premium and super premium segments in China
Leading the premium and super premium segments in China 47% premium and super premium market share Data Source: GlobalData, 2018
Slide 34: Rapid growth in middle income households
Rapid growth in middle income households 172 M 2X vs the US 43 M 7M 2010 2015 2019 2025 2030
Slide 35: Win in China: Premiumization, Expansion, Digitalization
Win in China Premiumization Expansion Digitalization
Slide 36: Building a strong route-to-market
Building a strong route-to-market
Slide 37: Grow the capabilities of our wholesaler partners
Grow the capabilities of our wholesaler partners
Slide 38: State-of-the-art breweries in China
31 state-of-the-art breweries in China
Slide 39: Modern breweries, solar panels, automated warehouse
Modern Breweries Solar Panels Automated Warehouse Electric Vehicle Heavy Trucks Carbon Neutral Commitment Digitized Operation
Slide 40: Win in China: Premiumization, Expansion, Digitalization
Win in China Premiumization Expansion Digitalization
Slide 41: Capture in-home consumption
Capture in-home consumption Chinese Holiday Super Premium Beer N e w Ye a r Season Por tfolio
Slide 42: Win in China: Premiumization, Expansion, Digitalization
Win in China Premiumization Expansion Digitalization
Slide 43: Talented Team & Wholesaler Partners
Win in China Premiumization Expansion Digitalization Talented Team & Wholesaler Partners
Slide 44: Here’s to a future with more cheers!
Here’s to a future with more cheers!
Slide 45: Developed Markets
Developed Markets
Slide 46: Brendan Whitworth, North America Zone President
Brendan Whitworth North America, Zone President
Slide 47: Developed Markets
Developed Markets Growing Income Consumption Patterns Diversity Innovation Stability United States Canada Belgium France Netherlands Italy Spain Ireland United Kingdom
Slide 48: Premiumization Beyond Beer
Premiumization Beyond Beer ABInBev
Slide 49: Portfolio Rebalance
Premiumization Beyond Beer Our Mission Portfolio Rebalance
Slide 50: Portfolio Rebalance, Digitalization, Relentless Execution
Por tfolio Rebalance Digitalization Relentless Execution More Efficient Selling More Local Insights More Connected with Consumer
Slide 51: Portfolio Rebalance, Digitalization, Relentless Execution
Por tfolio Rebalance Digitalization Relentless Execution More Efficient Selling More Local Insights More Connected with Consumer Premiumization >30% above core volume in US >50% above core revenue in Europe Beyond Beer Accelerate growth
Slide 52: Portfolio Rebalance, Digitalization, Relentless Execution
Por tfolio Rebalance Digitalization Relentless Execution More Efficient Selling More Local Insights More Connected with Consumer Premiumization More efficient selling >30% above core volume in US More local insights >50% above core revenue in Europe More connected with consumer Beyond Beer Accelerat
Slide 53: Portfolio Rebalance, Digitalization, Relentless Execution
Por tfolio Rebalance Digitalization Relentless Execution More Efficient Selling More Local Insights More Connected with Consumer Premiumization More efficient selling Leader in total alcohol category >30% above core volume in US management More local insights >50% above core revenue in Europe Stable
Slide 54: Kyle Norrington, US Chief Commercial Officer
Kyle Norrington US Chief Commercial Officer
Slide 55: The beer and beyond beer industry in Canada is back to growth
The beer and beyond beer industry in Canada is back to growth 2015 2017 2019 2021* Source: Beer Canada *Rolling 12 months Sep 2021
Slide 56: Growing share in premium with an unmatched portfolio
Growing share in premium with an unmatched portfolio #1 #1 #1 #1 Fastest Growing Premium Premium Position Fastest Brand in Canada Draught Brand in Craft Growing Brand Source: Liquor-Boards, Beer Canada
Slide 57: Beyond Beer presents a significant opportunity for growth
Beyond Beer presents a significant opportunity for growth and we are well-positioned with a winning portfolio Beyond Beer makes up 20% of the industry Source: Beer Canada
Slide 58: Delivering on Diverse Consumer Needs
Delivering on Diverse Consumer Needs LIGHT & REFRESHING FULL FLAVOR & HIGH ABV PREMIUMIZATION 1 2 2 1 33 SESSIONABLE RTD SWEET FAB’s CRAFT ALTERNATIVES EASY CLASSIC COCKTAILS DRINKING AFFORDABILITY WINE & SPIRITS MALT & SPIRITS MALT & SPIRITS WINE & SPIRITS
Slide 59: NÜTRL Vodka Soda
NÜTRL Vodka Soda flavor-driven portfolio >2X revenue growth since partnership
Slide 60: Jason Warner, Zone President, Europe & Middle East
Jason Warner Zone President, Europe & Middle East
Slide 61: UK Recipe for Success
UK Recipe for Success
Slide 62: We retooled our portfolio in the UK to meet demand for premium
We retooled our portfolio in the UK to meet the growing demand for premium UK Off-trade Beer Industry Evolution by Price Tier 42% 37% 53% 58% 63% 47% 2007 2016 2020 Premium Mainstream Source: Nielsen Off-trade
Slide 63: Scalable premium & super premium brands
Scalable premium & super premium brands: rebalancing our portfolio toward premium PerfectDraft Brand Share of Portfolio | Value | Off-trade ABI gaining share of throat Driving > 1/3 of all premium 1 since 2017 +0.8pp industry growth Source: Nielsen + CGA Source: Euromonitor UK Brewer by volume marke
Slide 64: Our brands have the highest household penetration
Our brands have the highest household penetration and we’re accelerating growth vs. the category Brewer Penetration | 2020 Absolute Penetration | 2020 36.2 2x 34.7 30.9 22.8 ABI growth vs. beer category 15.1 in 2020 Source: Kantar HH Panel
Slide 65: We invest ahead of the curve to win in future growth channels
We invest ahead of the curve to win in profitable future growth channels In-home Experience E-commerce & Owned Retail 20% There are more UK households with PerfectDraft E-commerce share of our UK revenue in 2020 machines than there are pubs in the UK Source: Curren Goodden Associates (CGA)
Slide 66: We continue to invest for future growth
We continue to invest for future growth
Slide 67: Enhancing our profitability, sustainability, and consumer relevance
Enhancing our profitability, our sustainability, and our consumer relevance $240M 100% Our full beer portfolio in the UK is brewed with only ingredients of of investment to increase UK capacity since 2015 of our beer portfolio in the UK is produced with renewable electricity natural origin from sola
Slide 68: Our portfolio is now >50% premium & super premium
Our portfolio is now > 50% premium & super premium, led by our global brands % contribution by brand to our total revenue in Western Europe Global Brands 27% 33% 39% 38% 54% Leffe 11% Craft 1% 12% 2% 12% 3% 33% Local Jewels 28% 24% Others 28% 25% 22% 2015 2018 YTD Sep 2021
Slide 69: Portfolio Rebalance, Digitalization, Relentless Execution
Por tfolio Rebalance Digitalization Relentless Execution More Efficient Selling More Local Insights More Connected with Consumer Premiumization More efficient selling Leader in total alcohol category >30% above core volume in US management More local insights >50% above core revenue in Europe Stable
Slide 70: Emerging Markets
Emerging Markets
Slide 71: Ricardo Moreira, Zone President, Africa
Ricardo Moreira Zone President, Africa
Slide 72: Significant volume contribution
Significant volume contribution
Slide 73: 500,000,000 by 2030
500,000,000 2030
Slide 74: Average age under 25 years old
Average age < 25 years old
Slide 75: 70 million new consumers by 2030
70 million new consumers by 2030
Slide 76: Representing 30% growth
Representing 30% growth
Slide 77: Developing Markets
DEVELOPING MARKETS
Slide 78: LATAM growth strategy
Emerging Market Growth Strategy LATAM growth strategy
Slide 79: Africa growth strategy
Emerging Market Growth Strategy Africa growth strategy
Slide 80: Inclusive category, superior core and above, digital route to market
INCLUSIVE SUPERIOR DIGITAL ROUTE CATEGORY CORE AND ABOVE TO MARKET VIA INNOVATION
Slide 81: Inclusive categories
Commercial Plan Inclusive categories
Slide 82: Consumers work 130 minutes to buy 1 beer
Purchasing Power Consumers work 130 minutes to buy 1 beer
Slide 83: Fosters economic growth
Investing In The Value Chain Fosters economic growth
Slide 84: Investing in the value chain
Slide 85: The right distribution channels in the right geographic areas means growth
Investing In The Value Chain The right distribution channels in the right geographic areas means growth
Slide 86: Impala crop brand
- MOZANEIQUE_ IMPALA CROP BRAND ea a. 2021 11 oo 10 2017
Slide 87: Zambia, Uganda, Tanzania
- ZAMBIA - UGANDA TANZANIA
Slide 88: Superior core and above core portfolios via innovation
Commercial Plan Superior core and above core portfolios via innovation
Slide 89: Leanne Owens, Beyond Beer Director, Africa
Leanne Owens Beyond Beer Director, Africa
Slide 90: Liquid sophistication
Brand Positioning Liquid sophistication
Slide 91: Ritual sophistication
Brand Positioning Ritual sophistication
Slide 92: Execution sophistication
Brand Positioning Execution sophistication
Slide 93: Vince 2018
vince 2018
Slide 94: From 6th to 2nd most powerful brand with women in RTD
vince 2018 FROM 6TH TO 2ND MOST POWERFUL BRAND WITH WOMEN IN THE RTD CATEGORY
Slide 95: Digital route to market
Commercial Plan Digital route to market
Slide 96: To be the first global CPG company
Our Dream To be the first global CPG company
Slide 97: To establish a relevant marketplace
Our Dream To establish a relevant marketplace
Slide 98: In these emerging markets
Our Dream In these emerging markets