You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App
Join our mailing list to receive top business news every weekday morning.

SABMiller reports higher sales

Soft drinks volumes grew by 10%

SABMiller, the world’s second-biggest brewer, reported higher first-quarter sales volumes on Thursday, helped by demand during an Easter holiday that fell later than last year.

The London-listed company behind beers such as Miller, Grolsch and Peroni said revenue rose 6 percent in the three months to June 30, while volume sold was up 3 percent.

The company said its financial performance was in line with expectations.

First quarter highlights

  • Group NPR grew by 6% and group NPR per hectolitre (hl) grew by 3%, both on an organic, constant currency basis
  • Total beverage volumes grew by 3% on an organic basis
  • Lager volumes grew by 1% on an organic basis, driven by China, Europe and Africa
  • Soft drinks volumes grew by 10% on an organic basis, reflecting strong growth in Latin America, Europe, South Africa and Africa
  • The group’s financial performance is in line with expectations

  

Read the SENS announcement

  

 

COMMENTS   0

Comments on this article are closed.

LATEST CURRENCIES  

USD / ZAR
GBP / ZAR
EUR / ZAR

Podcasts

NEWSLETTERS WEB APP SHOP PORTFOLIO TOOL TRENDING CPD HUB

Follow us:

Search Articles:Advanced Search
Click a Company: