January 18, 2011

SABMiller Posts Larger than Forecast Results

SABMiller has again posted strong results, largely driven by its emerging-market operations in Asia and Africa. The Wall Street Journal reports that "in Africa, third-quarter lager volumes soared 12% as investment in capacity and expansion of (SABMiller's) brand portfolio delivered 'robust growth.'"

The Journal also notes that "the London-based group, which is also listed in Johannesburg, now gets more than 80% of its profits from emerging economies."

No comments:

Post a Comment