SABM released its Q3 update. The net producer revenue stood at 7% (consensus +5.5%), volumes progressed by 4% (consensus +1.1%) whereas group NPR/ hl grew by +3%. NPR by region: LatAm +8%, Africa +12%, Asia Pacific +5%, Europe +6%, North America -1%. On a reported basis, NPR was down by -8% due to depreciation of key currencies against the US dollar. Volumes by region: LatAm +5%, Africa +8%, Asia Pacific 0%, Europe +4%, North America -2%. The group's soft drinks volumes grew by 8% (good overa
21 Jan 2016
Strong Q3 driven by Africa
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Strong Q3 driven by Africa
SABM released its Q3 update. The net producer revenue stood at 7% (consensus +5.5%), volumes progressed by 4% (consensus +1.1%) whereas group NPR/ hl grew by +3%. NPR by region: LatAm +8%, Africa +12%, Asia Pacific +5%, Europe +6%, North America -1%. On a reported basis, NPR was down by -8% due to depreciation of key currencies against the US dollar. Volumes by region: LatAm +5%, Africa +8%, Asia Pacific 0%, Europe +4%, North America -2%. The group's soft drinks volumes grew by 8% (good overa