SABMiller delivers strong margin expansion
date:May 27, 2014
deliver reported EBITA margin growth of 190 bps despite increased fixed costs related to investment in capacity.

* In Asia Pacific, EBITA declined by 1% and group NPR declined by 2% on a reported basis following the depreciation of the Australian dollar against the US dollar. On an organic, constant currency basis EBITA grew by 8% driven by Australia and China. In Australia, continuing1 domestic NPR on a constant currency basis was level with the prior year, as pricing and a focus on premium gr
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