SABMiller released its H1 accounts. The group's net producer revenue (revenue including associates and JVs) at constant currency was up 4% (-9% on reported basis). NPR at constant FX by region: LatAm +8%, Africa +9%, Asia Pacific +4%, Europe 0%, North America -1%. The group's total volumes increased organically by +1% (flat lager with soft drinks up +4%). The EBITA margin progressed by 20bp on a constant currency basis (-40bp on reported figures). Revenue, excluding associates and JVs, was up
13 Nov 2015
H1 update: in line with expectations
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H1 update: in line with expectations
SABMiller released its H1 accounts. The group's net producer revenue (revenue including associates and JVs) at constant currency was up 4% (-9% on reported basis). NPR at constant FX by region: LatAm +8%, Africa +9%, Asia Pacific +4%, Europe 0%, North America -1%. The group's total volumes increased organically by +1% (flat lager with soft drinks up +4%). The EBITA margin progressed by 20bp on a constant currency basis (-40bp on reported figures). Revenue, excluding associates and JVs, was up