SABMiller has brought forward the release of its trading update for Q2 as the company is in the Offer Period. Q2 volumes were up by 2% (0% in Q1) whereas NPR progressed by 6% (+3% in Q1). NPR/hl rose by 4%. The accelerated performance was driven by a strong LatAm (NPR +9%, volumes +7%) as well as Africa (NPR +11%, volumes +6%). The Asia Pacific region recorded the same performance as in Q1 (NPR +4%, volumes -3%) due to adverse macro-economic headwinds in China. Europe performed better than in
06 Oct 2015
Q2 update: acceleration on an organic basis but FX weighs on reported figures
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Q2 update: acceleration on an organic basis but FX weighs on reported figures
SABMiller has brought forward the release of its trading update for Q2 as the company is in the Offer Period. Q2 volumes were up by 2% (0% in Q1) whereas NPR progressed by 6% (+3% in Q1). NPR/hl rose by 4%. The accelerated performance was driven by a strong LatAm (NPR +9%, volumes +7%) as well as Africa (NPR +11%, volumes +6%). The Asia Pacific region recorded the same performance as in Q1 (NPR +4%, volumes -3%) due to adverse macro-economic headwinds in China. Europe performed better than in