date:Jan 24, 2013
ing while Africa is showing strong demand. SABMiller also said its Australian business is recovering.
One other weak spot is Europe, with 1% volume growth a big fall from 9% growth in the first half. The group is slashing beer prices in Europe to tap into the austerity dynamic and keep volumes up, but weaker consumer sentiment in Poland and the Czech Republic brought the numbers back down.
Despite a fragmented volume picture, Mr. Carroll said SABMillers revenue performance, up 17% year-on-year