u Results show momentum is clearly building across the whole portfolio n Dolf van den Brink reinvents beer marketing in terms of message, media and money How is the US beer industry changing? Over the past few years, the US beer industry has both consolidated and expanded at the same time. In terms of consolidation, the impact of the InBev takeover of the former market leader Anheuser-Busch and the MillerCoors Joint Venture in 2008 were considerable. On the other hand, there are now around 2,000 craft beer companies that have helped expand the category. At HEINEKEN, we have a robust portfolio that appeals to a wide range of consumers. The acquisition of the brand portfolio from Cuauhtémoc Moctezuma, and Scottish Newcastle has allowed us to expand our portfolio by offering Dos Equis, Tecate, Sol, Bohemia, Carta Blanca and Newcastle Brown Ale. Is the popularity of craft beers in the US good news for HEINEKEN? The craft brewing movement has helped romanticise beer again and has placed an emphasis on quality. This has been good for the image of beer, especially in a period when wine and spirits have increased their share against beer in the US. However, it has also increased competition for shelf space in our retail outlets. Despite the number of SKUs doubling every five to six years, they are still being squeezed into the same amount of fridge space, so that is becoming a big challenge and issue for the industry. Is Newcastle Brown Ale holding its own against craft beers? Much of Newcastle Brown Ale's success can be attributed to the limited editions introduced in 2011. In the final quarter World of HEINEKEN Quarter 2 2012

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World of Heineken | 2012 | | pagina 12