United Breweries - Recovery On Track; Next Few Months Pose Acid Test: Motilal Oswal
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Motilal Oswal Report
We hosted United Breweries Ltd.’s management for a discussion on the near- and long-term prospects of the business. Here are the key takeaways -
Technology is accelerating global trends in the developing markets. The management believes global trends toward lower/no alcohol products could be at play in India as well.
In an effort to reduce seasonal dependence on beer consumption (and the resulting company profitability), the company has rolled out the ‘beer at home’ campaign; the next eight to12 quarters would have more initiatives on products and campaigns to address the challenge.
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