22 Beer sales in Western Hemisphere (in millions of hectolitres) 4.0 4.2 5.5 6.2 7.7 1982 1983 1984 1985 1986 as a result of an important adjustment in the pricing policy. However, the posi tion of this affiliate remained difficult due to the strong competition. The turnover of Brasserie Lorraine S.A. in Martinique again showed an increase, which was entirely due to higher sales of soft drinks. There was a slight reduc tion in sales of beer. Sales of imported Heineken beer remained more or less at the same level. In St. Lucia the sales volume of Wind ward Leeward Brewery Ltd. developed favourably. Both in St. Lucia and in the surrounding islands the sales of nearly all our products increased compared to the previous year. Despite unceasing economic problems in the Netherlands Antilles and Aruba. the sales of Antilliaanse Brouwerij N.V. increased. In both areas there was a rise in market share. Sales of imported Heineken beer also proceeded satisfac torily. The construction of the new brewery of Commonwealth Breweries Ltd. in the Bahamas has undergone some delay. The brewery will become operational in 1987. In the following three countries we have participations which are not consolidated. In the Dominican Republic our minority interest Cerveceria Bohemia S.A. was incorporated in Cerveceria Nacional Dominicana S.A., in which we now have an interest of 9.3%. This brewery group has a market share of about 85%. Sales of Heineken beer brewed under licence developed reasonably. In Haiti the sales of Heineken malta, produced under licence by Brasserie Nationale d'Haiti S.A., continued to do well. At Desnoes Geddes Ltd.. our minority interest in Jamaica, there was a satisfac tory development of sales. Central and South America In most countries of Central and South America there was hardly any improve ment in 1986 in the economic situation. The governments of Argentina and Brazil introduced financial reforms which sub stantially reduced inflation in these coun tries. It is not clear how effective these measures will be in the longer term. In Brazil the three breweries in which we have a minority interest produced for almost the entire year at full capacity. Sales of Kaiser beer showed a good increase, mainly due to a strong total beer market growth. This growth followed the introduction of the 'Cruzado- plan. This plan, named after the newly intro duced unit of currency, comprised a freezing of prices and a controlling of wages in such a way that on balance an improvement in purchasing power oc curred during the year under review. The capacity of the breweries in Sao Paulo and Rio de Janeiro was further extended, whilst in Sao Paulo a start was made with the construction of a second brewery. Sales by the breweries in Argentina, Uruguay and Paraguayin which we par ticipate through a minority interest in Quilmes International (Bermuda) Ltd., proceeded satisfactorily. In principle it was decided to construct a new brewery at Corrientes, Argentina. The brewery will have an initial capacity of 800,000 hectolitres and Heineken Technisch Beheer is closely involved. In Surinam the sales of Surinaamse Brouwerij N.V. were affected by increas ing problems concerning the import of raw materials and spare parts as well as by continuing labour disputes. In 1986 the introduction took place in Costa Rica of Heineken beer produced under licence by Florida Ice Farm Com pany S.A. and sales are proceeding satis factorily.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1986 | | pagina 22