^
+ Follow COCA-COLA BEVERAGE GROUP Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 362343
                    [Title] => SMC selling Coca-Cola back to Atlanta
                    [Summary] => Atlanta-based Coca-Cola Co. and food and beverage conglomerate San Miguel Corp. (SMC) have reportedly reached an agreement allowing the  beverage giant to seize management and operational control of Coca-Cola Bottlers Philipines Inc. (CCBPI), according to an industry source.


The source said it is now a "done deal" between Coca-Cola Atlanta and SMC, and that an announcement is forthcoming.

The same source, however, did not give an estimate on how much the transaction would fetch.
[DatePublished] => 2006-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 291064 [Title] => SMC posts 24% hike in revenues [Summary] => San Miguel Corp. (SMC), Southeast Asia’s largest food and beverage conglomerate, registered a 24 percent growth in consolidated revenues to P100.6 billion for the first six months, driven by the continued strong performance of its local and international beer operations, packaging and food group.

However, the company reported a 3.7-percent decline in its first half income to P3.85 billion. Its second quarter net profit dipped eight percent to P2.07 billion as it felt the impact of higher transport and raw material costs and interest payments.
[DatePublished] => 2005-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 261835 [Title] => SMC issues P4-B notes to finance capital requirements [Summary] => Food and beverage giant San Miguel Corp. (SMC) will issue P4-billion worth of five-year fixed-rate corporate notes to finance its working capital requirements, the company told the Philippine Stock Exchange.

SMC has entered into facility agreements with Hong Kong and Shanghai Banking Corp. Ltd. (HSBC) and a syndicate of banks for the notes issuance.

An SMC official said the money to be raised from the offering will be used for various capital requirements, including funding an aggressive regional expansion program to complement its dominant foothold in the local market. [DatePublished] => 2004-08-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 260201 [Title] => SMC nets P4B in H1, set to buy 50% of Aussie fruit juice maker [Summary] => Southeast Asia’s largest food and beverage conglomerate San Miguel Corp. (SMC) will acquire a 50-percent stake in Berri Ltd., a leading fruit juice company in Australia, for at least $120 million, a top company official said.

SMC chairman and chief executive officer Eduardo M. Cojuangco Jr. said the purchase is a "terrific complement to our existing portfolio and is consistent with the group’s strategy to acquire businesses with strategic fit with its core categories."
[DatePublished] => 2004-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 258508 [Title] => Coca-Cola Phils posts 28% profit hike in H1 [Summary] => Coca-Cola Bottlers Philippines Inc. (CCBPI), a subsidary of food and beverage giant San Miguel Corp., reported a 28-percent growth in its net income for the first half this year to P942 million, a company statement said yesterday.

Revenues reached P14.2 billion while operating income amounted to P1.12 billion, slightly above the previous year’s level, mainly due to fixed-cost savings and favorable sales mix, as well as pricing gains.

Fixed costs have been reduced by more than P400 million, CCBPI said.
[DatePublished] => 2004-07-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 237104 [Title] => SMC reports 7% income growth to P7.37B [Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a seven-percent growth in its 2003 net profit to P7.37 billion, driven by robust volumes of beer sales and the improved performance of its packaging and food businesses.

The figure exceeded SMC’s own full-year target of P7 billion, or 5.28 percent higher than the restated income.
[DatePublished] => 2004-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 227106 [Title] => Strong Q3 boosts SMC profits by 6% to P4.84B in 9 mos [Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a 15 percent growth in its third quarter income to P1.79 billion, buoyed by sustained favorable performance across most of its businesses with double digit-gains achieved by international beer operations, the Coca-Cola Beverage Group (CCBG) and its packaging unit.
[DatePublished] => 2003-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 223013 [Title] => San Miguel sales surge in July, August [Summary] => With the containment of the SARS epidemic, Southeast Asia’s largest food and beverage conglomerate San Miguel Corp. (SMC) posted strong gains during the first eight months of the year, with domestic beer operations maintaining robust volumes.

In a statement issued yesterday, SMC said its consolidated sales revenue from January to August this year grew by 11 percent to P96.8 billion, buoyed by sustained favorable performance across most of its businesses. Consolidated operating income reached P7.47 billion.
[DatePublished] => 2003-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
COCA-COLA BEVERAGE GROUP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 362343
                    [Title] => SMC selling Coca-Cola back to Atlanta
                    [Summary] => Atlanta-based Coca-Cola Co. and food and beverage conglomerate San Miguel Corp. (SMC) have reportedly reached an agreement allowing the  beverage giant to seize management and operational control of Coca-Cola Bottlers Philipines Inc. (CCBPI), according to an industry source.


The source said it is now a "done deal" between Coca-Cola Atlanta and SMC, and that an announcement is forthcoming.

The same source, however, did not give an estimate on how much the transaction would fetch.
[DatePublished] => 2006-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 291064 [Title] => SMC posts 24% hike in revenues [Summary] => San Miguel Corp. (SMC), Southeast Asia’s largest food and beverage conglomerate, registered a 24 percent growth in consolidated revenues to P100.6 billion for the first six months, driven by the continued strong performance of its local and international beer operations, packaging and food group.

However, the company reported a 3.7-percent decline in its first half income to P3.85 billion. Its second quarter net profit dipped eight percent to P2.07 billion as it felt the impact of higher transport and raw material costs and interest payments.
[DatePublished] => 2005-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 261835 [Title] => SMC issues P4-B notes to finance capital requirements [Summary] => Food and beverage giant San Miguel Corp. (SMC) will issue P4-billion worth of five-year fixed-rate corporate notes to finance its working capital requirements, the company told the Philippine Stock Exchange.

SMC has entered into facility agreements with Hong Kong and Shanghai Banking Corp. Ltd. (HSBC) and a syndicate of banks for the notes issuance.

An SMC official said the money to be raised from the offering will be used for various capital requirements, including funding an aggressive regional expansion program to complement its dominant foothold in the local market. [DatePublished] => 2004-08-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 260201 [Title] => SMC nets P4B in H1, set to buy 50% of Aussie fruit juice maker [Summary] => Southeast Asia’s largest food and beverage conglomerate San Miguel Corp. (SMC) will acquire a 50-percent stake in Berri Ltd., a leading fruit juice company in Australia, for at least $120 million, a top company official said.

SMC chairman and chief executive officer Eduardo M. Cojuangco Jr. said the purchase is a "terrific complement to our existing portfolio and is consistent with the group’s strategy to acquire businesses with strategic fit with its core categories."
[DatePublished] => 2004-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 258508 [Title] => Coca-Cola Phils posts 28% profit hike in H1 [Summary] => Coca-Cola Bottlers Philippines Inc. (CCBPI), a subsidary of food and beverage giant San Miguel Corp., reported a 28-percent growth in its net income for the first half this year to P942 million, a company statement said yesterday.

Revenues reached P14.2 billion while operating income amounted to P1.12 billion, slightly above the previous year’s level, mainly due to fixed-cost savings and favorable sales mix, as well as pricing gains.

Fixed costs have been reduced by more than P400 million, CCBPI said.
[DatePublished] => 2004-07-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 237104 [Title] => SMC reports 7% income growth to P7.37B [Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a seven-percent growth in its 2003 net profit to P7.37 billion, driven by robust volumes of beer sales and the improved performance of its packaging and food businesses.

The figure exceeded SMC’s own full-year target of P7 billion, or 5.28 percent higher than the restated income.
[DatePublished] => 2004-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 227106 [Title] => Strong Q3 boosts SMC profits by 6% to P4.84B in 9 mos [Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a 15 percent growth in its third quarter income to P1.79 billion, buoyed by sustained favorable performance across most of its businesses with double digit-gains achieved by international beer operations, the Coca-Cola Beverage Group (CCBG) and its packaging unit.
[DatePublished] => 2003-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 223013 [Title] => San Miguel sales surge in July, August [Summary] => With the containment of the SARS epidemic, Southeast Asia’s largest food and beverage conglomerate San Miguel Corp. (SMC) posted strong gains during the first eight months of the year, with domestic beer operations maintaining robust volumes.

In a statement issued yesterday, SMC said its consolidated sales revenue from January to August this year grew by 11 percent to P96.8 billion, buoyed by sustained favorable performance across most of its businesses. Consolidated operating income reached P7.47 billion.
[DatePublished] => 2003-10-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with