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Showing posts with label SABMiller. Show all posts
Showing posts with label SABMiller. Show all posts

Tuesday, July 5, 2011

SABMiller lifts Latin America beer target on economy boost

SABMiller, the world's No. 2 brewer and Anheuser-Busch InBev rival, raised its forecast on Tuesday for beer volume growth in its biggest region, Latin America, due to price cuts and a strengthening economic recovery.

The London-based brewer of Grolsch, Peroni and Miller Lite, which is bidding for Australian group Foster's, said regional beer volume in April-June was up around 6 percent while its key Colombian market had seen 10-percent plus volume growth in June.