BRUSSELS (AP) -- Anheuser-Busch InBev NV, the world's largest brewer, said Thursday that the World Cup helped push up sales in the second quarter, boosting net profit by 7.5 percent to $1.15 BILLION.
The producer of Budweiser, Stella Artois and Beck's said results this year beat its own expectations and those of market analysts and will continue to grow through 2010.
Revenue rose 4.1 percent to $9.2 BILLION in the second quarter. The Belgium-based company said beer sales rose 2.0 percent, with soft drinks up 5.5 percent, and that good weather "helped drive volume growth, except in Asia."
AB InBev markets more than 200 beer brands worldwide, including Brahma in Brazil, Jupiler in Belgium and the Netherlands, Quilmes in Argentina, Harbin in China and Budweiser in the U.S.
The company said the World Cup was a boon for Budweiser, its most recognizable brand but one that has been steadily losing market share over the last 20 years.
"Thanks to Budweiser's 2010 FIFA World Cup sponsorship (the brand's) volumes were essentially flat in the first half of 2010," said Anheuser-Busch InBev.
"We are quite pleased by that performance. The brand had been declining for a long period of time," said Felipe Dutra, the chief financial officer, in a telephone news conference.
The company expects profits to keep rising for the rest of the year, helped by a rebound in sales from last year, when key markets worldwide were hit by recession.
AB InBev said it will continue to pay special attention to Budweiser.
Hoping to build on the impact on Budweiser of its World Cup sponsorship, Bud Light will become the official and exclusive beer sponsor of the National Football League, beginning with the 2011 season.
ALSO SOON TO BE ON THE WORLDWIDE SCREEN: AMERICAN WORKERS IN NEWBURGH NEW YORK ARE CHOOSING TO JOIN IBEW LOCAL 363
ABINBEV states that we are one company
ReplyDeleteThen they can share some of the profits with us
All we want is a Contract
Stay strong and solid
Vote yes on August 27th and 28th
We will be one Family
The Family of IBEW #363
Thank you for yor support
Passion
Let's see, a profit margin at $1.15 BILLION that rose 7.5% BETWEEN APRIL, MAY AND JUNE.
ReplyDelete7.5% x $1,150,000,000.00 =
an INCREASE in profits so far this year of $86,250,000.00
I guess that $1.15 BILLION doesn't leave enough money to cut down on the WORKERS HEALTH COSTS - even a little bit.......
....or enough to have the company pay the 401K Administration fees for the workers who ACTUALLY MADE THOSE PROFITS HAPPEN.
STAY SOLID, STAY STRONG, TELL THEM WHAT THEY WANT TO HEAR AN JUST VOTE YES FOR IBEW LOCAL 363
39,000
ReplyDeleteWow
This is good that everyone is watching
Beware if the lies
Listen with one ear and let it go right out the other ear
One VOICE One Family
IBEW #363
Listen with your heart and not with what they tell you
ReplyDeleteI don't know who sent me the video of Ken The Negotiator but thanks......lol
ReplyDeleteThey make cameras so small today.
Unbelievable!
The labor board will not only have sound but actual footage...lol
Play nice Dan and nobody gets hurt.
Ken the Negotiator - Dues? Strikes? Impasses?
You are about two minths late Ken.
Did you hear they have color TV's now?
Since you have a video, of which performance presented I don't know, I'm sure you heard about the St. Louis reference.
ReplyDeleteThe IBEW is considered a "Weak" union because it permitted InBev/AB to decrease the pay of Electricians.
Once again, Sam, if you wouldn't mind getting the facts on this one too?
What I find incredible is that none of the AB-InBev-MCC managers have commented on how their personal greed has raped the company. How their failed programs have weakened the processes, and how they take responsibility for nothing. MCC mangers your programs are failing, your decisions are failing, your management of the company is failing. Stop holding us responsible for cleaning up you messes and mistakes.
Dan tried to take a low shot by stating how much Sam makes. People in glass houses shouldn't throw stones Dan. You make double and then some what Sam makes, and I'd say you do a LOT less.
Imagine, if Dan, a simple plant manager makes THST much money, what does Ken the mighty union hunter make.
Cha Ching!
He's got to be a big-whig. Is he from St. Louie? Is he from corporate? What's his job title?
Hindsight is always twenty-twenty. I wonder if the greedy managers at MCC wonder .....
"What if we had left the workers alone .... how much money would we have saved?"
Ken the mighty union hunter said at the meeting that should a Union come in a plan is made in case of a worker strike. Should the workers strike, managers are expected to keep the plant running.
I wonder who will be scrap driver?
2:35PM- I can't speak for anyone but IBEW Local 363. I have no idea what they are doing in St. Louis and I can't change what they are doing in St. Louis. I can only change what they are doing IN NEWBURGH.
ReplyDelete...AND I WILL BE DOING THAT.
THAT I CAN CHANGE!
IF KEN THE NEGOTIATOR IS WORRIED THAT 363 IS TOO WEAK - TELL HIM I SAID THAT HE SHOULD START DOING PUSH UPS IN THE PARKING LOT NOW BECAUSE HE HAS A SUPRISE COMING.
THIS AIN'T ST. LOUIS.
I probably sound weak because I am so shy.
Dear MCC
ReplyDeleteWe need to follow your heart
We need to trust our instincts and what our Families believe is good
We need to do what is good for this plant not any other plant in the world
We are MCC Newburgh
We will be STRONG
We will be SOLID
We will make our own decisions from what has happened in the past
Why now are they all being so nice to us
Why now are they willing to listen to us
Why now are Dan and Dave so blind that they can’t see the LANDSLIDE
Why do they need to have someone nobody knows come here to tell us what we should and shouldn’t do
Why?
Because they need help to protecting their jobs
Because they will lose their thought control over US the workers
Because then WE THE PEOPLE will have a say in our FUTURE
Because then we will care for each other like ONE BIG FAMILY
Because we want to have a CHOICE IN DECISIONS
Because we can make this the best plant in the world
We will VOTE for what we want
We will decide what we want on August 27th and 28th
We will be IBEW #363 Newburgh Can Plant
We have made our choice
Listen with one ear and let it go right out the other ear
Thank you for your support
Passion
KEN the NEGOTIATOR said that if a union comes in a plan is made in case of a worker strike.
ReplyDeleteIs there a plan made to sit and TRY TO HONESTLY answer the employees concerns?
Any planning TAKING PLACE about that?
Any PLANNING being done about being real and REALLY CARING FOR THE EMPLOYEES LIKE YOU SAY YOU DO?
If you can say that is TRUE TODAY - THAT YOU ALL TRULY CARE ABOUT THESE PEOPLE - then we will have a contract in a little over a month.
There is NOTHING THAT WE COULD ASK FOR that will upset the applecart so badly as to delay things or become a deal breaker!
UNLESS ONE SIDE IS BEING UNREASONABLE. WHY WOULD ANYONE WANT TO BE UNREASONABLE? SOMETIMES IT IS DONE PURPOSELY - IS KEN THE NEGOTIATOR THREATENING THAT?
I THOUGHT HE CARED ABOUT US SO DEEPLY HE FLEW ALL THE WAY FROM ST. LOUIS. WHY WOULD KEN THE N. HURT MY FAMILY?
I am thinking of trying something new in this negotiations. I have an idea. It could end up to be either one of two things in the end:
1)Publicly ABINBEV looks like a champion, a GREAT company that REALLY CARES about their employees and the employees get a fair contract. Everyone works together and everyone benefits.
2) Publicly ABINBEV looks like a bum, a corporate bully, as a matter of fact a foriegn corporate bully, KEN LOOKS LIKE SATAN and we get our fair contract ANYWAY.
Let's do number 1 - LET'S WORK TOGETHER - ALL OF US. IBEW Local 363 PROMISES we will work JUST AS HARD as we are NOW promoting what a great relationship we all have with ABINBEV as employees and the union. It could really be boon to public relations.
Number 2 should not be an option. There are a few unfortunate reasons why this could lean toward number 2. The reasons are Ken the Negotiator, Dan, Tony and any other patron saint they send in here to pollute your brain.
Until they ALL realize that this is what the PEOPLE WANT they will still spend time on the absolutely ridculous chance that they can convince you to not want ANY RIGHTS.
THEY HAVE AN OBLIGATION TO ALL OF YOU AS LONG TIME EMPLOYEES TO RESPECT YOUR CHOICE IN THIS ELECTION - EITHER WAY - WHICH EVER WAY YOU GO.
STAY SOLID, STAY STRONG, AND
VOTE YES FOR IBEW LOCAL 363
All we want is the right to VOTE the way we want
ReplyDeleteAugust 27th and 28th will be good for MCC Newburgh
We will be STRONG and SOLID
We have already made our minds up
Leave us alone, we know what we want
Dues, strikes, an impasse? Them's fightin' words. Actually scare tactics. But who's scared? They are! Just like any despotic regime they fear the masses being united for any cause. It challenges their complete authority to control. And this is what it's about, CONTROL. I want to control my destiny, not have it dictated or imposed. Impasse? Ken you stated this is your "bargaining teams'" first from the ground up collective bargaing agreement. All the other contract negotiations have been re-negotiations of agreements already in place (JAX). You are already bringing up "impasse", like it's some kind of premeditated threat, to scare off the fence sitters and influence the vote. Listen people, or better yet DON'T LISTEN to this kind of B.S. These are the rantings of a management team realizing that their worst nightmare is about to come true. And they are running the plays right out of Gen. George Custer's "how to" playbook. CIRCLE THE WAGONS! They have underestimated the resolve and determination of their adversaries and now are trying to play catch up. And not very cleanly either, a lot of mud and manure, so much so, you'd think we were fertilizing the back 40. Listen to Passion and make it go in one ear and out the other. Flow through ventilation, like a Lipton tea bag. Plus they are making sure Brito and the Belgians (a neat name for a Euro-punk band)don't give you a piece of their profit pie, earned off your butt! 15 days, the wake up call.
ReplyDeleteI can not believe how stupid this company thinks we are! Hey Sam there trying to tell us that are salaries are plus about 17,000 compared to Jax and Arnold because were nonunion and made it seem as if we were union we have a good possibility of loosing that! They also said that they do not take in consideration,when it comes to wages and benefits the cost of living from one state to another. So what there trying to tell us that
ReplyDeleteif they had a union plant in Detroit Mich. and they had a union plant in Palm Beach Calif. that there salaries would be the same.Bull shit! How stupid do you do you think we are!
You do not think we know that before a business or a plant is even built that they have a business plan which take into consideration
of the state tax breaks,local taxes, local utilities,equipment needed,and of course
labor!Ken to sit there and tell us that you do not take it into consideration is bull shit. After you all posted the contracts on your web sites. You figured that we couldnt add one and one. We figured out that we are now the under paid(non union) and we have no say about it!
That is why they do not want us to go union!
Do you really think they give a shit about us paying 1 percent to dues!No its about control!They want to control and dictate to us what we are worth! And have no say!
Dan,
ReplyDeleteI bet you were in your old 2 line can plant again. Maybe not, Windsor guy told us different.Can you run a printer Dan? I heard Ball is hiring in wallkill.
Had my meeting today it did 0 for me.I agree with passion & Walrus. Vote Yes
ReplyDelete39 THOUDAND HITS 1:29 PM !!!!!
ReplyDelete40 THOUSAND HITS 8:30 PM !!!!!!
WOW! ONE THOUSAND HITS EVERY SEVEN HOURS!
IF WE DO GO NATIONAL WE WILL BREAK A MILLION HITS....
....I HOPE THE COMPANY HAS ENOUGH SENSE TO GET TO THE TABLE AND END THIS.
ABINBEV - THE WORLD IS WATCHING.
PLEASE STOP EMBARRASSING YOURSELVES AND US.
THE LIES ARE BEING EXPOSED AND YOU ARE LOOKING VERY DISHONEST.
IT'S BUD-WEISER NOT BUD-STUPIDER
WHEN YOU GET HERE TONY BE SMART AND CALL SAM, WE WILL GET YOU HIS CELL NUMBER, GET THE WORD OUT THAT YOU WANT IT.
IF YOU ARE COMNG TO PLAY THE OTHER SIDE, WE ARE GOING TO SHOCK YOU, WE HAVE HAD IT SO DO YOURSELF A FAVOR AND REALIZE THAT IT'S REAL THIS TIME.
OTHERWISE YOU ARE NOT WITH US......
WE ARE GOING UNION! IBEW LOCAL 363!