SOUTH African Breweries Plc (SAB) said its growing international operations helped to offset a slower performance in South Africa. The company’s international division’s total volume was up 30 percent for the quarter ending June 30, a performance attributed to a good early summer in Europe.”Overall, the group’s financial performance was ahead of the prior year and in line with our expectations for the first quarter,” Chief Executive Graham Mackay told the annual meeting. Beer volumes in South Africa were down one percent in the first three months, while total volumes at SAB International grew by 30 percent in the quarter. SAB’s Chief Executive Graham Mackay said that these volume figures did not include the acquisition of Czech brewer, Pilsner Urquell in the review period. Also the group reported strong sales growth in Poland and China.
July
Link to the day
31 28 27 26 25 24 21 20 19 18 17
14 13 12 11 10 07 06 05 04 03 02
31