United Breweries Co Inc (NYSE:CCU)

$ 11.45 -0.06 (-0.52%) Market Cap: 2.12 Bil Enterprise Value: 3.03 Bil PE Ratio: 14.37 PB Ratio: 1.46 GF Score: 79/100

Q3 2023 Compania Cervecerias Unidas SA Earnings Call Transcript
Nov 09, 2023

$11.8 (-2.48%)

Earnings
Q2 2023 Compania Cervecerias Unidas SA Earnings Call Transcript
Aug 10, 2023

$15.98 (+0.76%)

Earnings
Q4 2022 Compania Cervecerias Unidas SA Earnings Call Transcript
Mar 01, 2023

$15.51 (+2.17%)

Earnings
Q3 2022 Compania Cervecerias Unidas SA Earnings Call Transcript
Nov 09, 2022

$10.99 (-3.85%)

Earnings
Q4 2021 Compania Cervecerias Unidas SA Earnings Call Transcript
Feb 24, 2022

$16.54 (-3.50%)

Earnings
Q2 2021 Compania Cervecerias Unidas SA Earnings Call Transcript
Aug 06, 2021

$20.76 (-1.00%)

Earnings
Q1 2021 Compania Cervecerias Unidas SA Earnings Call Transcript
May 06, 2021

$19.17 (+2.68%)

Earnings
Q4 2019 Compania Cervecerias Unidas SA Earnings Call Transcript
Feb 27, 2020

$16.14 (-0.37%)

Earnings
Q2 2019 Compania Cervecerias Unidas SA Earnings Call Transcript
Aug 09, 2019

$26.79 (-1.80%)

Earnings
Q1 2019 Compania Cervecerias Unidas SA Earnings Call Transcript
May 10, 2019

$26.71 (+1.17%)

Earnings
Q4 2018 Compania Cervecerias Unidas SA Earnings Call Transcript
Feb 28, 2019

$28.72 (-0.03%)

Earnings

Q2 2021 Compania Cervecerias Unidas SA Earnings Call Transcript

Aug 06, 2021 / 04:00PM GMT

Release Date Price: $20.76 (-1.00%)

Transcript

Operator

(technical difficulty)

So as percentage of net sales, MSD&A improved from 42.4% to 36.4% due to cost control initiatives through the ExCCelencia CCU program. In all, EBITDA expanded 136.1% -- excuse me. In all, EBITDA expanded 136.1% and EBITDA margin improved from 12% to 18.3%. In addition, business -- in International Business Operating segment, which includes Argentina, Bolivia, Paraguay and Uruguay, posted a 58.2% rise in revenues due to an increase of 39.1% in average prices in Chilean pesos and 13.7% higher volumes.

Volume growth was mostly driven by Argentina, although all the other countries posted positive growth. Better average prices in Chilean pesos were explained by revenue management initiatives and positive mix effects in the portfolio, which more than offset negative currency translation effects.

In addition, our efforts in pricing allowed us to compensate higher U.S. dollar-denominated costs from the depreciation of the Argentine peso against the U.S. dollar and higher cost in raw materials posting a gross profit expansion of 114.4% and an improvement in

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.