Emerging markets’ sales boost SABMiller’s growth
SABMiller’s 3% rise in underlying beer volumes in the first three months of 2012 has been attributed to its growth in emerging markets.
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SABMiller sales ride high on emerging market growth
Despite a drop in beer volumes in North America and Europe, SABMiller reported a rise, boosted by the growth in African and Latin American markets.
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SABMiller upbeat over Africa’s thirst for beer
SABMiller underlined its confidence in Africa on Tuesday by raising its targets after big investments in nations like Angola and Mozambique.
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SABMiller third-quarter volumes up 3%
Brewer SABMiller beat forecasts with a 3% rise in quarterly volumes, boosted by growth in Africa and Asia.
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SABMiller first-half profits up
World number two brewer SABMiller beat forecasts on Thursday with a 6% rise in first-half profit.
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SABMiller volumes slip on global slowdown
SABMiller saw beer volumes dip slightly as forecast in the six months to September as the global slowdown continued to hit demand.
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SABMiller earnings top forecast with 19% rise
SABMiller, the world’s biggest brewer, beat forecasts with a 19% rise in annual earnings, but added beer volume growth in its current first-half will be hit by high input costs and high comparative figures. The London-based maker of Miller Lite, Peroni and Pilsner Urquell beers posted adjusted earnings per share on Thursday of 143,1 United States cents for the year to March 31.
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SABMiller, Molson Coors to combine US operations
Brewers SABMiller and Molson Coors Brewing have agreed to combine their United States operations to create a business that will have annual sales of ,6-billion and be the second-biggest market player behind Anheuser-Busch. The venture, MillerCoors, will generate around -million of annual cost savings.
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SAB buys Miller to create world’s No 2 brewer
South African Breweries agreed on Thursday to buy Miller Brewing from Philip Morris in a ,6-billion deal.
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US drinkers boost SABMiller profits
Brewing giant SABMiller Plc reported a 24 percent rise in half-year profits on Thursday and said it would cut costs in a bid to win over American beer drinkers.