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Quilmes Industrial (Quinsa) SA Details:

Quilmes Industrial (Quinsa), Societe Anonyme, through its subsidiaries, produces and sells beer primarily in Argentina, Paraguay, Uruguay, Bolivia, and Chile. Its principal brands include Quilmes Cristal, Iguana, Patagonia, Quilmes Stout, Brahma Morena, Stella Artois, Liberty, Quilmes Bock, Andes, and Norte. The company also produces soft drinks and mineral water in Argentina and Uruguay. In addition, it owns rights to produce, sell, and distribute ‘PepsiCo’ soft drink products in Argentina and Uruguay. The company distributes its products directly, as well as through independent distributors. Quilmes Industrial has strategic alliances with Companhia de Bebidas das Americas and Perrier Vitte...

November 21, 2008 2:37 PM ET

Quilmes Industrial (Quinsa) SA (QULMY:NYSE)

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QULMY Does Not Pay Dividends
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QULMY Details

Detailed Description...
www.quinsa.com
Founded in 1888

Top Compensated Officers

Marcelo Mercado Lora
General Manager of CIES Internacional and Dir...
Total Annual Compensation: --
Mr. Jo?Castro Neves
Chief Executive Officer, Director and Member ...
Age: 41
Total Annual Compensation: --
Mr. Miguel A. G? Eiriz
Chief Financial Officer
Age: 45
Total Annual Compensation: --
Mr. Agust?Garc?Mansilla
Chairman of Management Board
Age: 52
Total Annual Compensation: --
Mr. Carlos Adjoyan
Member of the Management Board
Age: 56
Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments

Quilmes Industrial (Quinsa) SA Reports Earnings Results for the Six Months Ended June 30, 2008

Quilmes Industrial (Quinsa) SA reported earnings results for the six months ended June 30, 2008. The company reported net income of $148.2 million on net sales of $811.9 million against net income of $100.2 million on net sales of $621.2 million for the same period a year ago.

Quilmes Industrial (Quinsa) SA Declares Dividends for the Year Ended December 31, 2007, Payable on July 15, 2008

Quilmes Industrial (Quinsa) SA announced that its annual general meeting held on June 27, 2008, approved the dividend distribution of $0.069185 net per share to all holders of Class A shares and of the dividend of $0.691850 net per share to all holders of Class B shares tendering coupon No 16. Dividends for the year ended December 31, 2007. July 15, 2008 will be the date for payment of the dividends to the holders of record as of July 15, 2008.

Quinsa Announces Deregistration Under US Securities Laws

Quilmes Industrial (Quinsa), Societe Anonyme SA announced that it has filed a Form 15F with the U.S. Securities and Exchange Commission to terminate the registration of its Class B shares under the U.S. Securities Exchange Act of 1934. The filing will immediately suspend Quinsa's U.S. reporting obligations and is expected to terminate Quinsa's U.S. reporting obligations in ninety days. Quinsa's Class B shares continue to be listed on the Luxembourg Stock Exchange.

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