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07 Oct 2025
Non material data changes
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Non material data changes
- Published:
07 Oct 2025 -
Author:
Cross Gen GC -
Pages:
11 -
We have made modest revisions to our FY25e sales / volume growth forecasts primarily reflecting a reduction to our Q3 organic volume growth expectations (from -0.3% to -3.0%) driven by India (monsoon impact), Ukraine (intensified war impact) and Poland (weak beer industry and unfavourable weather).
We do not consider the changes to be material; our rating is unchanged.