SABMiller released its Q4 and FY trading update. Numbers are strong on an underlying basis, however FX headwinds also remain strong. In Q4, the NPR (net producer revenue) grew +7% whereas volumes were up +3%. Group NPR/hl grew by +3%. On reported figures, NPR was down 4% due to adverse FX winds. NPR by region: LatAm +8%, Africa +12%, Asia Pacific +4%, Europe +3%, North America +3%. On a FY basis, the group’s NPR grew +5% (-8% on reported figures) with volumes up +2%. NPR by region: LatA
21 Apr 2016
Q4: Another good quarter
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Q4: Another good quarter
SABMiller released its Q4 and FY trading update. Numbers are strong on an underlying basis, however FX headwinds also remain strong. In Q4, the NPR (net producer revenue) grew +7% whereas volumes were up +3%. Group NPR/hl grew by +3%. On reported figures, NPR was down 4% due to adverse FX winds. NPR by region: LatAm +8%, Africa +12%, Asia Pacific +4%, Europe +3%, North America +3%. On a FY basis, the group’s NPR grew +5% (-8% on reported figures) with volumes up +2%. NPR by region: LatA