Asahi Group Holdings, Ltd., a global leader in both alcoholic and non-alcoholic beverages, continues to demonstrate strong financial performance while committing to ambitious sustainability initiatives. With a significant presence in Asia, Europe, Oceania, and Southeast Asia, the company focuses on innovation and premiumization to drive growth.
Recent Publications
For the first quarter of 2024, Asahi reported a revenue growth of 5.1% compared to the previous year, driven by price revisions and premiumization strategies. Revenues on a real currency basis increased by 10.8% year-on-year, with a main operating profit increase of 8.4%. The sales volume of key global brands, such as Asahi Super Dry, saw notable growth, with a 34% year-on-year increase, mainly due to expanded sales in Asia and Europe.
Reorganization and Expansion
In 2024, Asahi undertook a major group restructuring to establish individual regional headquarters, aiming to maximize its competitive advantages in its four main markets: Japan, Europe, Oceania, and Southeast Asia. This reorganization is accompanied by the creation of Asahi Global Procurement to integrate global, regional, and local procurement functions, thereby enhancing group governance and innovation capabilities.
Sustainability Initiatives
Asahi is also committed to achieving carbon neutrality across its entire value chain by 2040, advancing its initial target by ten years. The company is implementing various initiatives to reduce its CO2 emissions, including using 100% renewable electricity at all production sites and developing decarbonization technologies such as carbon capture.
Outlook
For the year 2024, Asahi forecasts continued growth in revenues and main operating profit, with projected increases of 3.6% and 4.2% respectively. The company remains focused on expanding its competitive advantages in each region and strengthening its premium strategy through global partnerships and active investments in key brands.
You will find a presentation file on Asahi Group Holdings attached.
You will find a presentation file on Asahi attached.
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