CCU’s leading position in the Chilean beverage market should allow for further pricing power.
Narrow-moat CCU’s international segment again propelled the company to impressive growth in the second quarter, with consolidated revenue growing 12% and EBITDA up almost 30%. We will probably raise our 2017 estimates (for 8% sales growth and a 16% EBITDA increase) slightly to reflect this solid growth. However, a significantly weaker U.S. dollar versus the Chilean peso plays the bigger role in what we expect to be a mid-single-digit increase in our $23 fair value estimate, leaving the stock sli...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.