 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SABMiller Reports Strong Rise in Earnings
|
Source: SABMiller
15/05/2008
|
|
May 15 - SABMiller plc, one of the world's leading brewers with operations and distribution agreements in over 60 countries across six continents, today reports its preliminary (unaudited) results for the twelve months to 31 March 2008.
Operational Highlights
-
Group lager volumes up 11% to 239 million hectolitres (hl), organic growth of 7%
-
EBITA up 15%, and 9% on an organic constant currency basis despite rising input costs
-
Mix benefits and strong pricing improve Miller EBITA in the US
-
Volume, price and productivity gains drive excellent earnings growth in Europe - EBITA up 30%
-
Latin America lager volume growth of 5% despite exceptional prior year - EBITA up 17%
-
Africa organic volumes of lager up 6% - substantial investment programme to capture growth opportunities
-
CR Snow volume growth continues ahead of the China market - Snow brand up 63%
-
South Africa lager volumes level - a satisfactory result given loss of a premium brand
|
|
|
|
|
|
|
Click on the icon below to view the full report
|
|
|
 View more articles on this subject
More Alerts from 15/05/2008
|
|
|
|
|