SABMiller held back by Europe, North America
While growth in most regions continues to be strong for drinks giant SABMiller, the firm is continuing to experience struggles in its European and North American markets, which held back group lager volume growth to 3% in the third quarter ended December 31st.
While growth in most regions continues to be strong for drinks giant SABMiller, the firm is continuing to experience struggles in its European and North American markets, which held back group lager volume growth to 3% in the third quarter ended December 31st.
Nevertheless, organic revenues at constant currency increased by 7% compared with last year.
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
Volumes for Foster's, the Australian beer brand acquired last month for $10,465m, were not included in third quarter numbers.
More to follow...
-
RICS: Seller confidence hits new high but buyers are yet to return to the property marketThe latest Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS) shows there are signs that confidence is slowly returning to the housing market
-
'Lockdown wills’ at increased risk of legal challengePressures caused by the pandemic led some people to rush their wills. Now, lawyers are saying problems are surfacing that could make them invalid
