Industry Rundown with Bump

Dear Client: CLSA recently picked industry consultant Bump Williams's brain at their series of investor meetings. The industry consultant shared his insights on a number of topics and issued his first positive outlook for beer category volume growth in five years. For 2015, Bump expects volumes to be up 0.5%, led by the high end, which is now roughly 30% of industry volumes. ABI AND COKE DEAL IN THE WORKS? Bump views 3G's foray into food "as a potential precursor