Report
Sonia Vora
EUR 101.80 For Business Accounts Only

We think Molson Coors’ bottom line will improve following the acquisition of MillerCoors.

Molson Coors’ third-quarter results bolstered our view that the firm will be able to leverage its brand intangible assets (which supports our narrow moat rating) to improve its pricing and thereby offset near-term headwinds to North American beer volumes. Although net sales for the quarter fell 2.1%, due to lower volumes, we think the firm will be able to return its top-line to growth in coming years through further investments in its core Miller and Coors brands, and forecast low-single-digit a...
Provider
Morningstar
Morningstar

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.

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Sonia Vora

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