Anheuser-Busch InBev SA/NV · EURONEXT:ABI
Anheuser-Busch InBev SA/NV — InBev — Morgan Stanley conference 2006
14 slides from Anheuser-Busch InBev SA/NV's conference presentation, November 2006
Slide 1: InBev Morgan Stanley conference November 2006
InBev Morgan Stanley conference November 2006 1
Slide 2: InBev — a True Global Company
InBev — a True Global Company • Healthy balance of emerging and developed markets • Leading presence in the fastest-growing markets • Number one or two position in more than 20 key markets – more than any other brewer • The opportunity for synergies driven by procurement, best practices and cross-li
Slide 3: Privileged exposure to attractive markets
Privileged exposure to attractive markets 2006 YTD volume profile reflects Highest-Growth Beer Markets presence in high growth regions… Absolute Volume Growth in Mio Hl (2005-2010 forecast) Western Europe 16% China 108 2 North America Latin America 45% 6% Russia 15 2 Global Export & Holding Companie
Slide 4: With Clear Long Term Goals... Leading to Significant EBITDA Margin Expansion
With Clear Long Term Goals... Organic beer volume Revenues growth Costs moving below growth ahead of volumes inflation ahead of the industry …Leading to Significant EBITDA Margin Expansion 34,1% 31,4% 31,2% 30,2% 29,5% 27,9% 23,8% 1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4
Slide 5: Healthy Top Line Growth… and Strong Cost Management
Healthy Top Line Growth… +8,4% +8,3% +7,2% +7,8% +6,1% +7,0% +7,1% +6,3% +6,0% +6,2% +5,9% +5,0% +5,4% +4,1% 1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 Volumes Revenues ...and Strong Cost Management +9,5% +7,3% +5,2% +4,3% +2,6% +2,1% +0,9% -0,4% -1,2% -2,0% -3,7% -3,6% -2,8% -2,7% 1Q05 2Q05 3Q05 4Q05 1Q06
Slide 6: Supported by a well defined strategy...
Supported by a well defined strategy... Strategic Pillars and Enablers Winning at the Targeted Winning Brand World Class Point of Mergers & Portfolio Efficiency Connection Acquisitions Innovation People / Culture Financial Discipline 6
Slide 7: Winning Brand Portfolio
Strategic Pillars and Enablers Winning Brand Portfolio Winning at Winning World Targeted the Brand Class External Point of Portfolio Efficiency Growth Connection Innovation • Consumer-centric People / Culture • Create enduring bonds Financial Discipline • Strengthen global brand portfolio • Values-b
Slide 8: Winning at the Point of Connection
Strategic Pillars and Enablers Winning at the Winning Winning at the World Targeted Point of Connection Brand Class External Point of Portfolio Efficiency Growth Connection Innovation • Deliver top quality consumer People / Culture experience Financial Discipline • Develop superior capabilities in s
Slide 9: World Class Efficiency: Performance
Strategic Pillars and Enablers VPO is the InBev way to Winning Brand Winning at the Point of World Class Targeted External run our breweries Portfolio Efficiency Growth Connection Innovation People / Culture • Optimize network of breweries Financial Discipline • Maximize procurement processes • Ensu
Slide 10: Zero Based Budgeting
Strategic Pillars and Enablers Zero Based Budgeting Winning at Winning World Targeted the Brand Class External Point of Portfolio Efficiency Growth Connection Innovation People / Culture Financial Discipline Year 1: Year 2: Year 3: Year 4: Implementation Stability Sustainability World Class Vision •
Slide 11: Targeted External Growth
Strategic Pillars and Enablers Targeted External Growth Winning at Winning Targeted the World Class Brand External Point of Efficiency Portfolio Growth Connection Innovation • Strengthen existing positions People / Culture Financial Discipline • Tinkoff • Fujian Sedrin • Quinsa • Divest non-core pos
Slide 12: Innovation
Strategic Pillars and Enablers Innovation Winning at Winning World Targeted the Brand Class External Point of Portfolio Efficiency Growth Connection Innovation People / Culture Financial Discipline Beck´s Level 7 and Chilled Orange 0,33 l ret. bottle as per July 2006 PerfectDraft as per Dec. 2005 20
Slide 13: People, Culture and Financial Discipline
Strategic Pillars and Enablers People, Culture and Winning at Winning World Targeted the Brand Class External Point of Portfolio Efficiency Growth Connection Financial Discipline Innovation People / Culture Financial Discipline • Right people in the right jobs • Meritocracy • Stretched but achievabl
Slide 14: Find out more at www.InBev.com
Find out more at www.InBev.com 14