BNET Industries
Market Cap:$3.2B
Last Fiscal Year Sales:$4.2B
- Public
- MX
Dow Jones Description
Producer, Marketer, Exporter & Importer of Beer
Chairman and Chief Executive Officer
G. Carlos FernandezNumber of Employees 38,402
Contact Information
Campos Eliseos 400 Piso 4
Col Lomas De Chapultepec
Mexico
(52) 0052833600
Peer Companies
NAICS Code Spice and Extract Manufacturing: 311942
News & Analysis
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grupo modelo s.a. and internet securities inc. - All News and Analysis
Beer industry: sales go up.
- 2005-04-29
MEXICO CITY, Apr 29, 2005 (Mexico Analytica - General/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- With a production of 15,425 million hectoliters of beer, the two largest Mexican companies, Grupo Modelo and Fomento Mexicano Femsa, had incomes of 16,438 million pesos, according to what...
Grupo Modelo attempts to grow in Europe.
- 2005-04-21
MEXICO CITY, Apr 21, 2005 (Reforma - Negocios/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Aware of the beer consumption in Europe, Grupo Modelo wants to raise its sales volume to that market in the short term, which today represents 6% of total export incomes, ...
Grupo Modelo posts profit of US$6.18bn in 2004.
- 2005-02-25
MEXICO CITY, Feb 25, 2005 (EFE/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's largest brewery Grupo Modelo made net profits of US$6.18 billion pesos (US$557 million) last year, 22% more than in 2003, reported the firm on Thursday.The company's sales reached 44.81 billion pesos...
Beer prices hiked, reports Banamex.
- 2005-02-25
MEXICO CITY, Feb 25, 2005 (Mexico Analytica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Modelo and FEMSA have increased by 10-14% the cost of certain beers sold in both returnable and non-returnable bottles in the Federal District of Mexico City, according to Banamex Citigroup,...
Grupo Modelo expecting to exceed expectations for Q4.
- 2005-02-22
MEXICO CITY, Feb 21, 2005 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Grupo Modelo is expecting to obtain better results that projected by the market for the final three months of 2004 after having increased its growth estimates for the period.In its report of...
Grupo Modelo denies interest in buying Gambrinus.
- 2005-02-03
MEXICO CITY, Feb 02, 2005 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's largest brewery, Grupo Modelo has exported its beer to the United States since 1979, however, its brands have never been more popular than now. In fact, Modelo's best selling beer,...
Grupo Modelo not interested in buying Gambrinus, assure executives.
- 2005-02-01
MEXICO CITY, Jan 31, 2005 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's largest brewery Grupo Modelo denied that it is involved in negotiations to acquire Gambrinus, its distributor on the east coast of the United States, as published last Friday by the...
Grupo Modelo pumps up sales volumes.
- 2004-11-01
MEXICO CITY, Nov 01, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Mexico's leading beer company, Grupo Modelo, earned 4.43 billion pesos (US$384 million) in the first half of the year, which was 15.6% more than in the same period of 2003. This...
Grupo Modelo reports higher sales in Q3.
- 2004-10-29
MEXICO CITY, Oct 29, 2004 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- During the third quarter of 2004, Grupo Modelo reported an increase of 9.6% in net sales compared to the same period of 2003, reaching 11.31 billion pesos (US$980 million) thanks to the...
Grupo Modelo to build brewery plant in Nava.
- 2004-10-07
MEXICO CITY, Oct 07, 2004 (Mexico Analytica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Brewery Cerveceria Modelo acquired a 324-hectare lot in the municipality of Nava, in the north part of Coahuila state, to build a plant capable of creating between 4,000 and 5,000 indirect...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Antonio Fernandez Rodriguez | President |
| Valentin Diez | Manager, Sales & Marketing |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| G. Carlos Fernandez | Chairman and Chief Executive Officer |
| August A. Busch III | Board of Directors |
| Maria Asuncion Aramburuzabala de Garza | Vice Chairman |
| Organization | Position | Status |
|---|---|---|
| Grupo Modelo S.A. | Chairman and Chief Executive Officer | Current |
| Emerson Electric Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo Modelo S.A. | President | Current |
| Organization | Position | Status |
|---|---|---|
| Grupo Modelo S.A. | Manager, Sales & Marketing | Current |
August A. Busch III was chairman of the board of Anheuser-Busch Companies, Inc. (a brewing, packaging, and family entertainment holding company in St. Louis, Missouri) from 1977 until his retirement in December 2006. Mr. Busch also served as chief executive officer of Anheuser-Busch Companies, Inc. from 1975 until June 2002. Mr. Busch has been a director of AT&T since October 1983. He served as a director of Southwestern Bell Telephone Company from 1980 to 1983. He is the chairman of the Corporate Governance and Nominating Committee and a member of the Corporate Development Committee and the Executive Committee. Mr. Busch is a director of Emerson Electric Co. and Grupo Modelo, S.A. de C.V.
| Organization | Position | Status |
|---|---|---|
| AT&T Inc. | Board of Directors | Current |
| Anheuser-Busch Companies, Inc. | Board of Directors | Current |
| Grupo Modelo S.A. | Board of Directors | Current |
| Anheuser-Busch Companies, Inc. | Chief Executive Officer | Former |
| Southwestern Bell Telephone L.P. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Grupo Modelo S.A. | Vice Chairman | Current |
| Grupo Modelo S.A. | Vice Chairman | Current |
| Volume | 2,650 |
| Shares Outstanding | 63.1M |
| Market Cap | 3.2B |
| Year High | 52.25 |
| Year Low | 23.35 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 1.9762 |
| Yield | 3.7895 |
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