SABMiller delivers strong margin expansion
date:May 27, 2014
ivities and effective trade execution, despite trading challenges in several markets. Reported EBITA margin improved by 180 bps through a combination of group NPR growth, cost efficiencies and asset disposals.

* In Europe, EBITA was down by 10% with group NPR growth of 6%, both on a reported basis, which includes the benefit of the full consolidation of Coca-Cola Icecek in Anadolu Efes' results. On an organic, constant currency basis group NPR was in line with the prior year reflecting volume-l
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