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Local News
To return to the news articles click here. InBev UK Reviews Pricing as Brewing Industry Faces Unprecedented Cost Pressures31 July 2008 - InBev UK announces that it is reviewing its wholesale pricing as the brewing industry faces large cost increases across all businesses, including steep rises in energy, packaging and transport costs To cater for these across-the-board increases, InBev UK is introducing a new wholesale price list effective with deliveries from September 15 2008 with the result that prices of draught and packaged brands will increase by an average of 3.3% in the on and off trade.
Stuart MacFarlane, President, InBev UK & Ireland, said: “We have made every effort to absorb rising costs but the sheer size of increases we have faced in recent months and the fact that we are seeing further rises across virtually every element of our business, means that we now reluctantly have to pass on some of these increases to customers. “We are committed to being as efficient a producer as possible in terms of our operating overheads and will continue to focus on cutting costs across the business. We are at the same time continuing to invest heavily in our leading portfolio of brands. “However, the fact remains that the brewing process is a very heavy user of energy so rises have an immediate impact on the price of producing a pint - particularly so given the scale of the increases we have had to cope with this year. I cannot remember a time when so many major cost increases have come through so consistently across virtually every aspect of our business.” |
