Heineken Western Hemisphere iwni If life were perfeel, some people would come with warning Inhels, pets would he u tux deduction, und I here d he spring hreuh for people who work. Well, ut leust there's Amstel Light. It has only 95 culories. hut you still get renl imported taste. You don t give up u thing it we were just any Ixvr, we'd probahlv need a pretty picture is enough. Just being the best is enough Sales proceeds in the Western Hemisphere were NLG 1,187 million, up 5.3%. Earnings rose due to higher sales and an improvement in margins. North America In the United States - where the economy is showing cautious signs of growth - imports of beer rose in a beer market which was otherwise static. The growth of the Heineken brand exceeded the increase in the import market. To a considerable extent this success was due to the introduction of the 64-centilitre bottle and to intensified marketing efforts. The growth in the sales of the Amstel Light, Buckler and Murphy's Irish Stout brands also exceeded the positive trend in the various segments of the beer market. On December 31, 1993, Mr. Leo van Munching Jr. retired as managing director of our U.S. import organization Van Munching Co., with which he was associated for over 40 years. 1300 1100 1000 1,187 700 400 300 0 0s O C4 CO 00 Os ON OI OS 0N Q\ QS Sales proceeds Western Hemisphere in millions of guilders Caribbean In the Caribbean region the economic situation remained rather gloomy, partly because tourism again showed a downward trend. As a result of this the beer markets declined. In the Bahamas our operating company nevertheless increased the sales of the local brand Kalik. Sales by Antilliaanse Brouwerij were under pressure, particularly in Aruba, as a result of competition from imports from South America. In St. Lucia the sales of the local brand Piton, launched in 1992, did well. Sales of imported Heineken beer were under pressure in most of the markets in this region. The development of sales in Puerto Rico and the French overseas territories was positive. Central and South America Beer consumption showed an increase in most South American countries. This was mainly in consequence of the improving economic situation in this region, with the exception of Brazil. Despite keen competition our Brazilian minority holding, the Kaiser group, succeeded in strengthening the position of the Kaiser brand; the introduction of Kaiser bock beer was very successful. Intensive market canvassing made it possible for sales of locally brewed Heineken beer to be almost doubled. Quilmes, in which we have a minority interest, managed to further strengthen its position in Argentina, Chile, Paraguay and Uruguay. The production capacity was further expanded. The economic and political circumstances in which Surinaamse Brouwerij had to operate continued to be extremely difficult. There was a sizeable fall in the sales of imported Heineken beer in Mexico, but in a number of other countries in this region, such as Venezuela and Colombia, sales rose considerably. 31

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1993 | | pagina 37