Mahou San Miguel increases its earnings by 11% and its international business by 5.5%

Madrid, 1 June 2016.- Mahou San Miguel, a 100% Spanish-owned family brewer that is leader in the sector in Spain, had an operating profit of 187.4 million euros in 2015, 11.5% more than in 2014, and registered its best turnover figure in the last five years: 1,177.5 million euros, up 2.1% on the previous year. Its sales volume increased by 3.2%, to 15.5 million hectolitres, of which 13.3 correspond to beer, and 2.2 to water and soft drinks.

These data consolidate the trend begun in 2014: Mahou San Miguel has increased its turnover and profitability for the second year in a row and recorded growth in all its business lines. Specifically, the business in Spain grew by 1.1% in net sales, and the international business by 5.5%, water and soft drinks by 16.3% and logistical services by 10.8%.

Extension of the international footprint

Outside Spain, Mahou San Miguel increased its business by 5.5% on the previous year, closing the year at 79 million euros with more than 2 million hectolitres sold, accounting for 15% of the company's total volume of beer. These figures confirm the sound trend in a business that has grown by over 50% in the last four years.

“Our values, strategy and very healthy brands provide a unique and distinctive positioning for Mahou San Miguel within the global beer industry, thanks to our brewing expertise backed by 125 years of history and innovation, our financial strength and our flexibility," commented Alberto Rodríguez-Toquero, CEO of the Spanish Company.  “We are already present in more than 70 countries on five continents and produce more than 70% of the Spanish beer drunk around the world," he added.

Of particular note in Mahou San Miguel's international expansion has been the purchase of 30% of the North American microbrewer Founders, which has bolstered its presence in a booming segment, and its growing consolidation in the Indian market, where it has had a subsidiary since 2014.