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...
-
Cringe Britannia: the decline of the UK's soft powerBritain has long wielded soft power through its commitment to sound political values and the export of high and popular culture. That is now under threat
-
Warren Buffett’s three lessons for pension investorsIn his final letter to investors outgoing Berkshire Hathaway CEO Warren Buffett has some last words of wisdom before, as he says, he will “go quiet” when he steps down at the end of the year.
