Molson Coors Brewing (TAP) Misses Q4 EPS by 1c
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Molson Coors Reports Lower Worldwide Volume and Underlying After-Tax Income, But Higher Gross Margins, For the Fourth Quarter and Full Year 2015
February 11, 2016 6:45 AM EST$704 Million of Underlying Free Cash Flow and $1.33 Billion of Underlying EBITDA Generated in 2015
Results Are In Line with Preliminary Financial Results Provided on January 26, 2016
Fourth Quarter 2015 Highlights (1)
Worldwide beer volume: 13.8 million hectoliters, decreased 1.7%; Coors Light volume increased 0.8% worldwide and 13.5% in Europe and International Net sales: $844.4 million, decreased 13.3% on a reported basis, and decreased 3.5% in constant-currency Net sales per HL: $119.69, decreased 12.5%, or decreased 2.7% in constant-currency U.S. GAAP net income from continuing operations attributable to MCBC:... MoreMillerCoors Reports 2015 Underlying Net Income of $1.328 Billion, In-Line with Prior Year
February 11, 2016 6:30 AM ESTFourth Quarter Underlying Net Income Decreased 10.2%;
Coors Light and Miller Lite Gain Market Share of the Premium Light Segment for Quarter and Year
LONDON & DENVER--(BUSINESS WIRE)-- SABMiller plc (LN:SAB; OTC: SABMRY) and Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) reported that MillerCoors underlying net income for the full year was $1.328 billion, which was in-line with 2014. Fourth quarter underlying net income decreased 10.2 percent to $191.5 million versus the same period in the prior year, driven by lower volume... More
