For the Fifth Year in a Row, Backus Is Recognised by the BVL because of its Good Practices of Corporate Governance
16 July 2013
Lima, July 12, 2013 – Union of Peruvian Breweries and Johnston was recognised by the Lima Stock Exchange (BVL) for the fifth year in a row for contributing with excellence to the quality management of Good Practices of Corporate Governance in the country.
This award was given after a rigorous evaluation process carried out by the auditing firm Pacific Credit Rating (PCR), which validates full compliance with the Principles of Good Corporate Governance.
Dr. Francisco Mujica, vice chairman of the board and president of Backus’ Good Corporate Governance Committee, said, “This recognition is very important as it confirms the commitment and transparency Backus gives to its stakeholders, as well as generating value, strength and efficiency in the company, qualities that allow us to be an excellent alternative for local and international investors.”
It is worth mentioning that the Good Corporate Governance Index is the system by which companies are managed and controlled for the compliance of fundamental and important principles such as transparency, confidence, equity, social responsibility, fluidity and integrity of information for investors and other interest groups.
Union of Peruvian Breweries and Johnston is the brewing industry leader in Peru. It has five decentralised production plants in Lima (Ate), Arequipa, Cuzco, Motupe and Pucallpa. It also has a malt factory and a mineral water plant. It has a well-segmented portfolio of national and international brands that seeks to satisfy consumers at more than 180,000 selling points throughout the country. During 2012, Backus sold 11.943 million hectolitres of beer, which means an increment of 6.6 percent in comparison to last year. Also, the net sales of the company reached S/. 3,398.3 million, which is equivalent to an increase of 13.1 percent during the same period.
Backus works with a focus in sustainable development, with the goal of generating shared value with the people that are part of its value chain and the communities in which it operates. That is why all its initiatives and projects want to generate social inclusion and strategic alliances to favour the efforts and achieve a greater impact in economic, social and environmental terms for the society as a whole.
For more information contacts:
Comunicaciones Externas Backus - 3113000
LLORENTE & CUENCA
222-9491 Anexo 266
This SABMiller subsidiary news release has been translated from its local market language to English language for publication on www.sabmiller.com. We have attempted to provide an accurate translation of the original material but due to the difficulties of translation slight differences may exist.
Note, the news release was first published in its local market on 12th of July 2013.