Spending over $20 bil on acquisitions (Peroni, Pilsner Urquell, Victoria Bitter) just before Covid pandemic dried up its on-premise biz, Asahi profits fell 30% in 2020. So ceo Atsushi Katsuki has pledged to cut its debt ratio, which ballooned to 6x earnings, in half to 3x earnings by 2024, per...
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New Asahi CEO Putting End to Shopping Spree for Now; Focus on Growing Super Dry
Publishing Info
- Year: 2021
- Volume: 23
- Issue #: 74
- Issue Date: 04/07/2021
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INSIGHTS Express