Powered by

Meantime owner has a good time as South Americans go for a pint

Jul 24, 2015 - City A.M.
Board and Executive Moves

BREWING giant SABMiller yesterday reported a rise in quarterly sales, helped by higher demand for bev-erages in Latin America and Africa, which were partly offset by declines in Europe.

The world's second largest brewer, whose brands include Peroni, Grolsch and, recently, Meantime, said revenue rose three per cent in the three months to 30 June, the first quarter of its new financial year.

Volume of lager, SABMiller's core business, declined one per cent, while volume of soft drinks ...