date:Nov 23, 2012
is. Growth was strong in most markets, although second quarter growth was reduced by the effect of a 25% excise increase in Tanzania. Subsidiary EBITA margins remained under pressure reflecting the impact of capacity expansion-related costs, commodity cost pressures and continued building of our sales and marketing capability. Total EBITA margin improved by 200 bps principally as a result of the combination of our Angola and Nigeria businesses with Castel and associated synergies. Other beverage