beer volumes up

Global brewing giant SABMiller yesterday said its worldwide beer volumes grew 7percent in the third quarter, and financial performance was in line with its own expectations.

Global brewing giant SABMiller yesterday said its worldwide beer volumes grew 7percent in the third quarter, and financial performance was in line with its own expectations.

The company said in a statement to the JSE that underlying volumes were 4percent up in the quarter and 9percent for the nine months to end December last year.

SABMiller reported an 11percent rise in volumes in its first half to end September last year. The company has brewing interests or distribution agreements in over 60 countries across six continents. - I-Net Bridge

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