LONDON, November 13 /PRNewswire/ -- SABMiller, one of the world's largest
brewers, today reported 'a good set
of financial results' in a challenging environment.
In a video interview with financial website Cantos, Graham Mackay, Chief
Executive, said that volume growth slowed to just ahead of last year on an
organic basis but "the comparative base for the first half of this year was
very high pretty much across the board".
Mr Mackay said: "We think we have strong businesses. We have spent a long
time and great efforts on establishing those businesses, their portfolios.
They are extremely well positioned vis-a-vis the competition in those markets
and our portfolio is enviable. So we think we are extremely well positioned
for the long-term."
Malcolm Wyman, CFO, said that the Group had achieved "very good and
acceptable results for our first six months of trading" in difficult and
challenging conditions. He said that: "input costs were roughly in line with
expectations, revenue was up 10 percent in organic constant currency, our
EBITA in reported terms was 9 percent up and our earnings per share were 9
percent up. So that has benefited from some favourable currency movements."
The interviews, transcripts and podcasts are available now on
http://w3.cantos.com/sabmiller. Cantos interviews are also available on our
CEO Insight page on iTunes.
It's free to view. All you need to do is register at
http://www.cantos.com. Cantos.com, the online financial broadcaster, features
in-depth interviews, documentaries and webcasts with senior company
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