Click to add text
Investor Relations September 2021
Forward Looking Statements
This presentation includes "forward-looking statements" within the meaning of the U.S. federal securities laws. Generally, the words "believe," "aims," "expect," "intend," "anticipate," "project," "will," "outlook," and similar expressions identify forward-looking statements, which generally are not historic in nature. Statements
that refer to projections of our future financial performance, our anticipated results, cost savings and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements, and include, but are not limited to, the impacts of the Coronavirus pandemic on our operations, liquidity, financial condition and financial results, overall volume trends, consumer preferences, pricing trends, industry forces, cost reduction strategies, including our revitalization plan announced in 2019 and anticipated results, expectations for funding future capital expenditures and operations, debt service capabilities, timing and amounts of debt and leverage levels, shipment levels and profitability, market share and the sufficiency of capital resources. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's historical experience, and present projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission ("SEC"). These factors include, among others, the impact of the Coronavirus pandemic, the impact of increased competition resulting from further consolidation of brewers, competitive pricing and product pressures; health of the beer industry and our brands in our markets; economic conditions in our markets; additional impairment charges; our ability to maintain manufacturer/distribution agreements; changes in our supply chain system; availability or increase in the cost of packaging materials; success of our joint ventures; risks relating to operations in developing and emerging markets; our brand image, reputation, product quality and protection of intellectual property; cha nges in the social acceptability, perceptions and the political views of beverage categories; changes in legal and regulatory requirements, including the regulation of distribution systems; unfavorable outcomes of legal or regulatory matters; fluctuations in foreign currency exchange rates; increase in the cost of commodities used in the business; the impact of climate change and the availability and quality of water; loss or closure of a major brewery or other key facility; our ability to implement our strategic initiatives, including executing and realizing cost savings; pension plan and other post -retirement benefit costs; failure to comply with debt covenants or deterioration in our credit rating; our ability to maintain good labor relations; a breach of our information systems; and ot her risks discussed in our filings with the SEC, including our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements in this presentation are expressly qualified by such cautionary statements and by reference to the underlying assumptions. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We do not undertake to update forward -looking statements, whether as a result of new information, future events or otherwise.
Non-GAAP Information
Please see our most recent earnings release to find disclosure and applicable reconciliations of non-GAAP financial measures discussed in this presentation.
2
Who is Molson Coors Beverage Company?
5th | ~100 | 42 | 15 | Uniting People to | ||||
OUR PURPOSE: | ||||||||
LARGEST | COUNTRIES | BREWERIES | +$$100M BRANDS* | Celebrate All Life's Moments | ||||
BEER | ||||||||
COMPANY | ||||||||
+84M | +17,000 | First Choice for Our People, | ||||||
WORLD | ||||||||
IN THE | OUR AMBITION: | |||||||
VOLUME (hL)** | EMPLOYEES | Our Consumers and Our Customers | ||||||
* Brand families ** Annual figure for 2020 | 3 |
Rich and Evolving History
Revitalization Plan Announced & Underway
Molson Coors | Molson Coors & | ||||||||||||||
HEXO form | |||||||||||||||
and SABMiller | |||||||||||||||
Coors | Canadian JV, | ||||||||||||||
form U.S. joint | |||||||||||||||
pioneers | Coors Light | Miller | venture | Truss to develop | |||||||||||
aluminum | Molson | 2008 | cannabis-infused | ||||||||||||
introduced | Genuine | ||||||||||||||
Adolph | cans | beverages for | |||||||||||||
1978 | Draft is | acquires | |||||||||||||
Coors | Canadian | ||||||||||||||
introduced | Carling | Coors | MillerCoors | ||||||||||||
opens the | market | ||||||||||||||
1985 | O'Keefe to | acquires | |||||||||||||
Golden | Molson | merges | |||||||||||||
Miller Lite | become | craft beer | |||||||||||||
Brewery in | Canadian | with | |||||||||||||
introduced | Canada's | Saint Archer | Acquires | ||||||||||||
Colorado | introduced | Molson | |||||||||||||
nationally, | largest brewer | 2015 | California-based | Molson | |||||||||||
John Molson | 1873 | 1959 | Molson | 2005 | |||||||||||
creating the | 1989 | Clearly | |||||||||||||
opens | beers are | Coors | |||||||||||||
Coors | light beer | Kombucha; | |||||||||||||
introduced | announces | ||||||||||||||
brewery in | segment in | SAB acquires | entry into | ||||||||||||
Banquet | to the U.K. | Revitalization | |||||||||||||
Montreal, | the U.S. | Miller Brewing | non-alcoholic | ||||||||||||
launched | 1983 | Plan | |||||||||||||
Canada | 1975 | Company | beverages | ||||||||||||
1937 | 2019 | ||||||||||||||
1786 | 2002 | 2018 | |||||||||||||
1903 | 1988 | 1991 | 2012 | 2018 | 2019 | ||||
1855 | 2016 | Expands | |||||||
Frederick J. | Molson | Miller | Coors Light | Acquires | Acquires U.S. | cider | Equity | ||
Miller takes | Export | acquires | available in | StarBev, | craft beers | portfolio | investment in | ||
over the Plank | launched | Jacob | all 50 states | changes | Terrapin Beer Co, | with | LA Libations | ||
Road Brewery | Leinenkugel | for the first | name to | Hop | acquisition | to develop | |||
(Milwaukee | Brewing | time | Molson | Valley Brewing | of Asphall | non-alcoholic | |||
Brewery still | Miller | Company | Coors | Company, and | Cyder | beverages | |||
there today) | High Life | 1970 | 1981 | Central | Revolver Brewing | Limited | |||
introduced | 1995 | Europe | |||||||
Phillip | Coors Light | ||||||||
Coors | Molson Coors | ||||||||
Morris buys | "Silver | ||||||||
launches | |||||||||
Miller | Bullet" | acquires | |||||||
Blue Moon | |||||||||
Brewing | advertising | remaining ownership | |||||||
Brewing | |||||||||
Company | begins | stake of | |||||||
Co. | |||||||||
the MillerCoors | |||||||||
JV from SABMiller
Molson Coors
announces strategic partnerships including La Colombe, an above premium RTD coffee and ZOA, a healthy energy drink
Announces JV with Yuengling
Acquires
Atwater Brewery
2020
2020
Corporate name change to Molson Coors Beverage Company
Expands hard seltzer business with U.S. launch of Vizzy and announces partnership with Coca-Cola and Topo Chico
Commences
distribution of La Colombe
Launches Topo
Chico Hard
Seltzer in U.S. in
initial markets
Launches ZOA
Launches Vizzy
and Coors Seltzer
in Canada
2021
2021
Launches Three
Fold and Wai Moment hard seltzers in Europe
Launches Yuengling brand through our JV in initial state of Texas
4
Global Footprint
*
*
*
* Licensed brands in the US | 5 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Molson Coors Beverage Company published this content on 20 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2021 15:11:00 UTC.