CR Beer

The profitability of the owner of Snow, the world’s best-selling beer brand, looks set to take a hit. Research suggests that the consensus expectation for a 2023 increase in the brewer’s profit margin underestimates the negative impact of elevated input costs. The recent acquisition will help the company to expand itself into the premium product segment where customer purchase power is less affected by raising inflation. Revenue growth is expected to be just below 10%.