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Last $93.37 USD
Change Today +0.87 / 0.94%
Volume 659.2K
TAP On Other Exchanges
New York
New York
As of 5:15 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1225 17th Street

Suite 3200

Denver, CO 80202

United States

Phone: 303-927-2337


mpany’s portfolio includes beers that have the primary share in their respective countries, such as Carling in the U.K., Jelen in Serbia, Ozujsko in Croatia, and Niksicko in Montenegro. The company also brews and distributes Beck's, Lowenbrau, Spaten, and Stella Artois under license agreements with ABI companies, and beginning January 2015, the company also distributes certain of the Modelo brands throughout the Central European countries in which it operates. Additionally, this segment includes the company’s consolidated joint venture arrangements for the production and distribution of Grolsch and Cobra brands in the U.K. and Republic of Ireland and factored brand sales (beverage brands owned by other companies, but sold and delivered to retail by the company). The company renewed its existing agreement with Heineken, whereby they sell, market, and distribute Coors Light in Republic of Ireland, to extend the contract through December 2019. In addition, it has a five year agreement to contract brew ales for Carlsberg Group through 2016. Sales and Distribution: Majority of the company’s beer in the U.K. is sold directly to retailers. It has an agreement with Tradeteam Ltd. (a subsidiary of DHL) to provide the distribution of the company’s products throughout the U.K. through 2023. In Europe, the off-premise channel includes sales to supermarkets, convenience stores, liquor stores, distributors, and wholesalers. The off-premise channel accounted for approximately 60% of the company’s Europe sales volume in 2014. The on-premise channel includes sales to pubs and restaurants. The on-premise channel accounted for approximately 40% of its Europe sales volume in 2014. Distribution activities for both the on-premise and off-premise channels are conducted primarily by third-party logistics providers. Seasonality: Weather conditions consisting of high temperatures and extended periods of warm weather favor increased consumption of the company's products, while unseasonably cool or wet weather, primarily during the summer months, adversely affects its sales volumes and net sales. Accordingly, the peak selling seasons occur during the summer and during the Christmas and New Year holiday season. Competition: In European countries where the company operates, its primary competitors are Heineken, SABMiller, Carlsberg Group, and ABI. MCI This segment intends to improve and expand the company’s business and brand portfolio in markets, including emerging markets, outside the U.S., Canada, and Europe segments. The focus of this segment includes Asia, continental Europe (excluding Central Europe, as it is a part of the Europe segment), Latin America (including South America), the Caribbean (excluding Puerto Rico, as it is a part of the U.S. segment), and Australia. Standalone Business: The company’s standalone operations are in the Asia region and are based in India, Japan, and China. Its consolidated joint venture in India gives the company a 51% share and operational control of Molson Coors Cobra India (MC Cobra India), which operates a brewery in the state of Bihar. MC Cobra India produces, markets, and sells a beer portfolio consisting of Cobra, Iceberg 9000, King Cobra, and Royal Brew in select Indian states. In Japan, the company’s focus is on marketing and selling the Blue Moon, Coors Light, and Zima brands. The company is also renegotiating its contract with ABI to continue to sell and distribute the Modelo brands. These brands are imported into Japan and are sold through independent wholesalers to both the on-premise and off-premise channels. The company’s China business is focused on improving the Coors family of brands and Carling, which are produced under a contract brewing agreement in China. All brands are marketed and sold through independent wholesalers primarily in the on-premise channel. Export Business: The company’s export business focuses on expanding the reach of its international brands, which are exported from its breweries in the U.S., the U.K., and the Czech Republic. The brands sold include Blue Moon, Carling, Cobra, Coors 1873, Coors Light, and Staropramen. In Latin America and the Ca


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