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SAB Sabmiller

4,494.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sabmiller LSE:SAB London Ordinary Share GB0004835483 ORD $0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4,494.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

SABMiller Revenue Rises But China Knocks Volumes Lower

21/01/2015 8:02am

Dow Jones News


Sabmiller (LSE:SAB)
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From May 2019 to May 2024

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By Peter Evans 

LONDON-- SABMiller PLC reported a rise in third-quarter revenue but said its lager volumes fell as demand slackened in China.

The world's second-biggest brewer by sales after Anheuser-Busch InBev SA said net producer revenue--which accounts for excise and other taxes--rose 4% in the three months to Dec. 31, unchanged from growth in the same period year earlier.

Lager volumes fell 1%. SABMiller said unfavorable weather in China was a significant factor in the decline in volumes.

"We continued to drive steady net producer revenue growth, notwithstanding varied local market performances, as we benefited from the breadth of our global portfolio of businesses," said Chief Executive Alan Clark.

Write to Peter Evans at peter.evans@wsj.com

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