United Breweries Limited CC-Mar24.pdf · 2024-05-08
So my question is basically, I wanted to understand the premium segment. So with respect to the contribution margin, so -- I mean, is it right to assume that basically premium will have a larger contribution margin versus the rest of the portfolio? But how -- taking into consideration a couple of states like the thing you mentioned on the intrastate where really like 30%, 35% manufacturing footprint and also the other thing doing that maybe they require newer border with the premium category, then the margin on the contribution side for the premium category - - for the premium category will be lower than the broader portfolio?
I think I can help. The question is that because in the premium, you do more new bottle insertion and you're doing more interstate exports, are the margins lower than the main steam or what are the plans to improve those margins? That was the question.