{"id":10088,"date":"2012-04-19T16:21:06","date_gmt":"2012-04-19T14:21:06","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/update-2-sabmiller-boosted-by-emerging-market-thirst-for-beer\/"},"modified":"2012-04-19T16:21:06","modified_gmt":"2012-04-19T14:21:06","slug":"update-2-sabmiller-boosted-by-emerging-market-thirst-for-beer","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-2-sabmiller-boosted-by-emerging-market-thirst-for-beer\/","title":{"rendered":"UPDATE 2-SABMiller boosted by emerging market thirst for beer"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Jan-March beer volumes up 3 pct vs 3.3 pct forecast<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Sees emerging market growth offsetting mature market<br \/>\nweakness<\/p>\n<p><span><\/span><\/p>\n<p>* Annual beer volumes up 3 pct, revenue up 7 pct<\/p>\n<p><span><\/span><\/p>\n<p>* Financial performance in line with group expectations<\/p>\n<p><span><\/span><\/p>\n<p>* Shares up 0.3 percent in early trading<\/p>\n<p><span><\/span><\/p>\n<p>By David Jones<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, April 19 (Reuters) &#8211; Global brewer SABMiller Plc<br \/>\n  reported a 3 percent rise in underlying beer<br \/>\nvolumes in the first three months of 2012, as growth in the<br \/>\nemerging markets of Latin America, Africa and Asia offset<br \/>\ndeclines in Europe and North America.<\/p>\n<p><span><\/span><\/p>\n<p>The world&#8217;s No.2 brewer and maker of Miller Lite, Castle and<br \/>\nPeroni beers added on Thursday beer volumes at its<br \/>\nnewly-acquired Australian business Foster&#8217;s dipped 4 percent in<br \/>\nthe  first three months of ownership in a tough domestic market.<\/p>\n<p><span><\/span><\/p>\n<p>Big brewers are relying on emerging markets growth and price<br \/>\nrises to offset sluggish growth and tough competition in more<br \/>\nmature markets. SABMiller has a higher proportion of profits<br \/>\nfrom emerging markets than its key rivals at around 70 percent.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Jan-March beer volumes up 3 pct vs 3.3 pct forecast * Sees emerging market growth offsetting mature market weakness * Annual beer volumes up 3 pct, revenue up 7 pct * Financial performance in line with group expectations * Shares up 0.3 percent in early trading By David Jones LONDON, April 19 (Reuters) &#8211; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10088","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10088"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10088\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}