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SABMiller PLC Ord USD0.10 (SAB)

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13-May-2015 07:32 AM

SABMiller's FY pretax profit edges up

SABMiller's FY pretax profit edged higher to $4.830bn, from $4.823bn. Revenue was $22.13bn, from $22.31bn. Dividend per share was 113.0 cents, from 105.0 cents. CEO Alan Clark said: "We achieved positive momentum in our underlying business per
07-May-2015 02:02 PM

MillerCoors names interim CEO

MillerCoors, the US and Puerto Rican joint venture between SABMiller and Molson Coors Brewing Co, has named Gavin Hattersley to the role of interim chief executive to lead the business when current CEO Tom Long retires on 30 June. Hattersley, 52, currentl
07-May-2015 12:06 PM

Quarterly revenue up 4.4% at MillerCoors

SABMiller and Molson Coors Brewing Company have reported that MillerCoors first quarter underlying net income grew 4.4% versus the same period in the prior year to $304.6m. This income growth was driven by higher net pricing, positive sales mix and stro
21-Apr-2015 12:25 PM

Brokers' round-up, downgrades for SABMiller and Petrofac

Credit Suisse cuts SABMiller to underperform from neutral, target lowered to 3,400p from 3,700p Jefferies International stays buy on Aveva Group, target lifted to 1,840p from 1,700p Jefferies International stays buy on Bodycote, target raised to 805p fr
17-Apr-2015 12:47 PM

Brokers' round-up, upgrades for OneSavings Bank and Weir

Goldman Sachs upgrades Hunting to conviction buy from buy, target raised to 709p from 622p Liberum Capital stays sell on Unilever, target raised to 2,400p from 2,310p Goldman Sachs retains buy on BAE Systems, target lifted to 611p from 577p Goldman Sac
03-Mar-2015 09:56 AM

SABMiller appoints new independent director

SABMiller said Trevor Manuel joined its board as an independent non-executive director from March 1. At 9:56am: (LON:SAB) SABMiller PLC share price was +76.25p at 3729.75p Story provided by StockMarketWire.com...
10-Feb-2015 12:07 PM

Annual revenues increase at MillerCoors

SABMiller and Molson Coors Brewing Company has reported that MillerCoors underlying net income grew 2.9% last year to $1.328bn. Fourth quarter underlying net income decreased 11.8% to $213.3m versus the same period in the prior year due to lower shipment
10-Feb-2015 11:54 AM

MillerCoors CEO to retire

MillerCoors, the U.S. and Puerto Rican joint venture between SABMiller and Molson Coors Brewing Company has announced that the CEO, Tom Long, intends to retire from the company at the end of June. Its Board is conducting a search to identify a successo
26-Jan-2015 01:03 PM

SABMiller strengthens its board

SABMiller has appointed Trevor Manuel as an independent non-executive director with effect from 1 March. Manuel was a minister in the South African government for more than 20 years. He was first appointed to Cabinet as minister of trade and industry in
21-Jan-2015 07:29 AM

SAB's update

SABMiller said during Q3 its Latin America and Africa businesses continued to grow both volumes and revenues, together with Europe, while more difficult trading conditions, particularly in China, held back the overall group performance. "We continue
13-Nov-2014 07:28 AM

SABMiller lifts H1 profit

Brewing giant SABMiller has improved its H1 pretax profit to $2.8bn, from a profit of $2.4bn. Revenue was $11.4bn, from $11.1bn. It proposed an interim dividend of 26 cents a share, from 25 cents. CEO Alan Clark said SABMiller continued to grow earnings
06-Nov-2014 12:32 PM

Quarterly profit growth at MillerCoors

SABMiller and Molson Coors Brewing Company has reported that MillerCoors third quarter underlying net income grew 3.5% to $376.7m compared to the same period in the previous year. This was driven by positive pricing, sales mix and cost savings. Total net
30-Oct-2014 03:49 PM

SABMiller non-exec to step down

SABMiller independent non-executive director John Manzoni intends to step down from the board with effect from the next annual general meeting in July, when he will not stand for re-election. SABMiller chairman John Manser said: "Although John is
24-Oct-2014 12:58 PM

Management changes at SABMiller

SABMiller has announced that its chief executive, Alan Clark, has initiated a further realignment of responsibilities within the Group's executive committee. Chief financial officer, Jamie Wilson, will assume responsibility for investor relations al
14-Oct-2014 07:31 AM

SABMiller hurt by forex

SABMiller said its H1 financial performance has been affected by on-going foreign currency movements as well as weaker Q2 trading conditions in China and Australia. CEO Alan Clark said the company achieved "resilient net producer revenue growth in t
06-Oct-2014 01:08 PM

SABMiller CEO sets out vision for superior growth

SABMiller chief executive Alan Clark outlined the company's long term strategy for growth, including plans to expand beer's appeal in mature markets. at an investor seminar in London today. Marketing director Nick Fell covered the brewer&apo
15-Sep-2014 07:29 AM

Heineken rejects SABMiller overture

Heineken NV has confirmed press reports that it has been approached by SABMiller. A statement issued last night said that the company had consulted with its majority shareholder and concluded that SABMiller's proposal is non-actionable. The statemen
01-Sep-2014 12:43 PM

Chairman designate joins SABMiller

Jan du Plessis has today joined the SABMiller Board as an independent non-executive director and chairman designate. The appointment was announced last month. At 12:43pm: (LON:SAB) SABMiller PLC share price was -9.75p at 3313.25p Story provided by
29-Aug-2014 08:28 AM

SABMiller unit completes Tsogo Sun sale

SABMiller's wholly owned subsidiary, SABSA Holdings Limited, has now completed the disposal of its entire shareholding in Tsogo Sun Holdings Limited. The disposal was completed through a combination of: · a placing of 293,896,315 ordinary shar
06-Aug-2014 09:34 AM

SABMiller confirms du Plessis to become chairman

SABMiller confirms Jan du Plessis has agreed to join the SABMiller board as an independent non-executive director with effect from 1 September 2014. It intends to appoint du Plessis as Chairman in succession to John Manser at the conclusion of the annual
24-Jul-2014 02:55 PM

SABMiller non-exec retires

SABMiller non-executive director Miles Morland retired at the end of the annual general meeting held earlier today, having previously intimated his intention not to stand for re-election. Morland will receive his annual fees as a non-executive directo
24-Jul-2014 02:24 PM

SABMiller resolutions passed at AGM

SABMiller has confirmed that all resolutions proposed at the annual general meeting earlier today were approved by substantial majorities ranging from 91.82% to 99.99%. At 2:24pm: (LON:SAB) SABMiller PLC share price was -24p at 3341.5p Story provide
22-May-2014 07:52 AM

SABMiller profit

SABMiller's FY pretax profit rose to $4.82bn, from $4.68bn. Revenue was $22.3bn, from $23.2bn. The company hiked its FY dividend per share by 4% to 105.0 cents, from 101.0 cents. CEO Alan Clark said SABMiller had produced a resilient performance in
07-May-2014 12:13 PM

SABMiller report revenue growth at MillerCoors

SABMiller and Molson Coors Brewing Company have reported that MillerCoors first quarter underlying net income grew 7.4% to $291.9 million versus the same period in the prior year. This income growth was driven by positive pricing and sales mix, cost s
15-Apr-2014 07:14 AM

SABMiller sees growth despite headwinds

Global brewer SABMiller said group net producer revenue (NPR) for the full year grew by 3% and group NPR per hectolitre (hl) grew by 2%, both on an organic, constant currency basis. In the fourth quarter, group NPR grew by 2% and group NPR per hl grew by
 
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