Thursday preview: SABMiller unveils fourth-quarter results
Beverage giant SABMiller will report earnings increase in its fourth-quarter results on Thursday, according to analysts.
Beverage giant SABMiller will report earnings increase in its fourth-quarter results on Thursday, according to analysts.
A day ahead of the results, Investec predicts the brewer of popular beers Peroni and Groslsh will report a 2.0% organic growth in sales of lager.
"The long-term investment case is still very appealing to us and the stock looks like a solid Hold at current levels, especially with ABInbev lurking just below the horizon," the broker said in relation to its UK rival.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We have increased our price earnings-based target price to reflect a sector re-rating."
The broker issued the company's stocks with a 'hold' rating and target price of 3600p.
Consensus is for a 5.0% rise in Latin America and 0.5% jump in Europe.
It comes after the group last month announced plans to target further beer volume growth and share gains in its Latin American division of the next three to five years.
SABMiller said that in Latin America, which is its biggest contributor to profitability, the beer category's share of total alcohol consumed there has grown significantly. However the firm noted consumption was still well below the levels reached in reference markets like Venezuela, Panama, Brazil and Mexico.
In the third quarter, the company delivered a revenue rise of 8.0%, ahead of a 6.5% forecast, following strong performances in Latin American and South Africa and slower growth in China and Europe.
Thursday April 18th
INTERIMS
Debenhams
INTERIM DIVIDEND PAYMENT DATE
Brooks Macdonald Group, IndigoVision Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Initial unemployment claims (US) (13:30)
Philly Fed manufacturing survey (15:00)
Leading economic index (15:00)
FINALS
Circle Holdings
AGMS
African Barrick Gold , Belvoir Lettings, Devro, Jupiter Fund Management , Management Consulting Group, Persimmon, Rexam, Rio Tinto, SThree, Tiszai Chemical Group GDR (Reg S)
TRADING ANNOUNCEMENTS
SABMiller
UK ECONOMIC ANNOUNCEMENTS
Internet Retail Sales (09:30)
Retail Sales (09:30)
FINAL DIVIDEND PAYMENT DATE
Law Debenture Corp., Low & Bonar
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Company directors face new ID checks – how to avoid paying hundreds on verification
Company directors could end up paying hundreds of pounds to comply with new identity checks but it is possible to comply without paying a penny
-
Will petrol prices rise this year?
Petrol has been relatively cheap in the UK so far in 2025, hitting a four-year low in May. But with conflict in the Middle East making the price of oil more volatile, will petrol become more expensive?