Latest news with #CCU
Washington Post
5 days ago
- Business
- Washington Post
Cervecerias Unidas: Q2 Earnings Snapshot
SANTIAGO, Chile — SANTIAGO, Chile — Compania Cervecerias Unidas (CCU) on Wednesday reported a second-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier. The Santiago, Chile-based company said it had a loss of 6 cents per share. The wine, spirits and soft drink company posted revenue of $612.2 million in the period.
San Francisco Chronicle
5 days ago
- Business
- San Francisco Chronicle
Cervecerias Unidas: Q2 Earnings Snapshot
SANTIAGO, Chile (AP) — SANTIAGO, Chile (AP) — Compania Cervecerias Unidas (CCU) on Wednesday reported a second-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier. The Santiago, Chile-based company said it had a loss of 6 cents per share. The wine, spirits and soft drink company posted revenue of $612.2 million in the period. _____
Yahoo
6 days ago
- Business
- Yahoo
Compañía Cervecerías Unidas S.A. (CCU): A Bull Case Theory
We came across a bullish thesis on Compañía Cervecerías Unidas S.A. on Cayucos Capital's Substack. In this article, we will summarize the bulls' thesis on CCU. Compañía Cervecerías Unidas S.A.'s share was trading at $11.65 as of July 28th. CCU's trailing P/E was 12.43 according to Yahoo Finance. A bartender shaking a cocktail with various bottles of flavored tequilas in the backdrop, illustrating the company's alcoholic beverages. Compania Cervecerias Unidas (CCU), Chile's dominant brewer with nearly 70% market share and a longstanding partnership between Heineken and the Luksic family, trades near historical trough valuations despite resilient fundamentals. The market's bearish narrative around global alcohol consumption, especially beer, has driven widespread pessimism, yet Chilean beer demand has held up, benefiting from an economy buoyed by elevated copper prices. CCU's Chilean operations, accounting for the majority of sales, remain stable with potential for margin recovery as economic conditions normalize. Argentina, representing roughly a quarter of revenues, has been a persistent drag amid triple‑digit inflation and capital controls, yet offers substantial upside if President Milei's reforms stabilize the economy; CCU's exposure here is effectively a free option, as current valuations assign little value to this business. Colombia, where CCU has invested nearly $500 million in a joint venture, is early stage with upside potential. Balance sheet leverage at 3x EBIT is mitigated by over $500 million of dollar‑denominated cash, providing a war chest for opportunistic expansion. With Heineken and Luksic providing strategic oversight, CCU's governance is a key strength, underpinned by a seasoned management team. Despite short‑term headwinds from currency depreciation and Argentina's volatility, CCU's leading market position, ability to reprice, and operational resilience support durable cash flows. At current levels, the stock implies little more than the value of the Chilean operations, granting investors free optionality on a recovery in Argentina and Colombia. As market narratives shift, a rerating could unlock significant upside, offering an attractive risk/reward profile for contrarian investors. Previously, we covered a on Molson Coors Beverage Company (TAP) by Tyler Moody in September 2024, which highlighted its broad beverage portfolio, stable profits, and defensive appeal with modest undervaluation. The company's stock price has depreciated by approximately 9.79% since our coverage, as the valuation re‑rating did not play out. The thesis still stands as TAP offers steady cash flows. Cayucos Capital shares a similar view but emphasizes CCU's dominant Chilean market share and optionality in Argentina and Colombia. Compañía Cervecerías Unidas S.A. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 7 hedge fund portfolios held CCU at the end of the first quarter, which was 6 in the previous quarter. While we acknowledge the potential of CCU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
31-07-2025
- Business
- Associated Press
Circet USA acquires Blue Streak and CCU to bolster its fiber outside plant services
FARIBAULT, Minn., July 31, 2025 /PRNewswire/ -- Circet, a global network services provider, and its U.S. entity Circet USA, a leading provider of network services throughout the U.S., announce today the acquisition of Gemini Communications and its subsidiaries, Blue Streak and CCU, leading providers of outside plant ('OSP') construction, maintenance, repair and event-related restoration services for top-tier U.S. communications operators. With company heritage dating back to 1985, Blue Streak and CCU now employ 700+ professionals, supporting critical network construction, maintenance, and overbuilding for leading internet service providers. The addition of Blue Streak and CCU will significantly expand and complement Circet USA's existing OSP capabilities and expertise, providing customers a comprehensive end-to-end OSP services offering. Trevor Putrah, CEO of Circet USA, commented: 'The acquisition of Blue Streak and CCU adds invaluable OSP construction leadership, scale, and experience to Circet USA at a time of unprecedented investment in fiber infrastructure across the US. We are delighted to welcome the Blue Streak and CCU teams to the Circet family, and we look forward to driving significant value to our customers through the combination of our organizations.' Rick Hubbard, CEO of Blue Streak and CCU, commented: 'Our Blue Streak and CCU teams are honored to join the growing Circet USA family. We could not ask for a better partner to share our delivery of best-in-class service offerings to our valuable customers.' Lazard Frères & Co. acted as financial advisor and A&O Shearman acted as legal counsel to Circet. Truist Securities acted as financial advisor and Stearns Weaver Miller acted as legal counsel to Gemini. The transaction is subject to regulatory approvals and other customary closing conditions. About Circet USA Circet USA, a Circet company, is a leading provider of communications network services and is a trusted partner to customers who build, own, and operate high-speed fiber, inside plant, wireless, and cloud networks across North America. Our experienced team of over 2,000 professionals combines complete end-to-end capabilities with a customer-first culture to provide custom and turn-key solutions, spanning design, engineering, installation, integration, and maintenance for all technologies across Inside Plant (ISP), Outside Plant (OSP), and Wireless. Our customers include communications service providers, MSOs, cloud service providers, utilities/electric co-ops, municipalities, and others. Circet USA is part of Circet. Circet is a global specialist in network infrastructure services, operating in a dynamic sector driven by growing connectivity needs and the energy transition. The European leader and a major global player, Circet is a trusted and close partner to the world's leading telecom service providers, local authorities, as well as many key public and private infrastructure owners. Building on its strong expertise in telecoms, the Group is also expanding its activities in energy, particularly in power distribution and transmission networks, electric vehicle charging infrastructure, smart grids and photovoltaic installations. Circet operates in 12 countries (Belgium, France, Germany, Greece, Ireland, Italy, Morocco, the Netherlands, Spain, Switzerland, the United Kingdom and the United States). In 2024, the Group reported global revenue exceeding $4.5 billion and employs more than 17,000 people worldwide. To learn more visit: and About Gemini Communications, Blue Streak and CCU Gemini Communications is the parent company of Blue Streak and CCU. Blue Streak is a leading provider of communications network services to leading operators. Blue Streak provides comprehensive solutions, including construction, maintenance and restoration services. The company emphasizes quality, service, and safety in its operations. CCU is a long-standing provider of communications network services. Over the last 40+ years, CCU has grown to be a leading telecommunications OSP provider offering the most sophisticated cable and communications solutions, with locations and personnel throughout the country. Together, Blue Streak and CCU deliver unmatched quality to a leading customer base of leading telecommunications and broadband service provers. To learn more visit: and View original content to download multimedia: SOURCE Circet USA
New Indian Express
24-07-2025
- Science
- New Indian Express
TN to host one of five carbon capture testbeds for cement industry
CHENNAI: Tamil Nadu has been selected as one of the five locations in India to host a pioneering Carbon Capture and Utilisation (CCU) testbed aimed at reducing carbon dioxide (CO2) emissions in the cement sector, which contributes nearly 7-8% of the country's industrial carbon emissions. The testbed will be established at Ultratech Cement's Reddipalayam plant in Ariyalur district, with technical support from the Indian Institute of Technology Madras (IIT-M) and the Birla Institute of Technology and Science (BITS), Pilani, Goa campus. The initiative is part of a national programme spearheaded by the Department of Science and Technology to validate and demonstrate CCU technologies. These technologies aim to capture CO2 emissions and convert them into value-added products such as synthetic fuels, urea, soda ash, concrete aggregates, and food-grade CO2. At the Reddipalayam site, the testbed will trial an oxygen-enriched combustion-based kiln burning system. The captured CO2 – up to 2 tonnes per day – will be mineralised using concrete blocks, waste concrete fines, and concrete plant sludge. Besides Tamil Nadu, CCU testbeds are also being set up in Chittorgarh (Rajasthan), Sundergarh and Rajgangpur (Odisha), and Kurnool (Andhra Pradesh), each testing different technological solutions. Union Minister for Science and Technology and Earth Sciences Jitendra Singh said the DST is currently processing financial sanctions for the projects.
