19 In Portugal sales of imported Heineken beer rose slightly. The building-up of a nation-wide distribution network was continued. Sales of Green Sands shandy were below the 1987 level. In Belgium we changed our marketing strategy. The unprofitable sale of draught beer was terminated; the sale of Heineken bottled beer, both in the take-home market and in the hotel, restaurant and café sector, will be continued via a new market approach. Mouterij Albert N.V., our operating company which produces high-grade malt, especially for our breweries in Europe, achieved good earnings. Exports of beer, soft drinks and spirits to Eastern Europe developed satis factorily. In view of the shortage of hard currencies in those countries export volumes will remain modest. International duty-free sales showed a recovery. This was above all due to the improvement in the course of business in the shipping sector. Beer sales in Western Hemisphere (in millions of hectolitres) 1984 1985 1986 1987 1988 Western Hemisphere The emphasis of the activities in the Western Hemisphere lies on exports of beer from the Netherlands to the United States, Canada and the Caribbean. The enterprise has a brewery in Canada and also interests in breweries in Trinidad, Martinique, St. Lucia, the Netherlands Antilles, the Bahamas, Haiti and Jamaica as well as In Surinam, the Dominican Republic, Brazil, Argentina, Uruguay and Paraguay. In Costa Rica production takes place under licence. In a number of countries also soft drinks are produced. North America As in the previous year, the size of the total beer market in the United States was stable. The import segment showed a further growth, though it was only slight. Although the popularity of several new brands seems to be decreasing, competition remained strong, as a result of which the pressure on margins persisted. Shipments of Heineken beer from the Netherlands kept pace with the growth in the import segment. In the segment of imported light beer competition intensified, but sales of Amstel Light rose considerably. This brand kept its leading position. During the year under review the enterprise was again able to maintain its prominent position on the import market. This was to a considerable extent due to the marketing efforts of our importer Van Munching Co. Inc., which amongst other things launched a new advertising campaign for the Heineken brand. The prospects in the United States for our brands are positive. In Canada the sales of our subsidiary Amstel Brewery Canada Ltd. rose slightly, but earnings remained disappointing. The growth in sales occurred mainly in the case of Amstel beer and Amstel Light. Sales of imported Heineken beer remained stable, despite keen competition on the market for imported beers. Sales of beer brewed in Canada under licence from third parties declined.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1988 | | pagina 31