SABMiller delivers strong margin expansion
date:May 27, 2014
t drinks volume growth of 5% on an organic basis driven by Latin America, Europe and Africa.

On an organic, constant currency basis EBITA grew by 7% as a result of higher group NPR, cost efficiencies across most divisions and a reduction in performance-related share incentive charges, resulting in a 90 bps increase in our organic, constant currency EBITA margin. Input cost increases were mitigated by procurement savings, leaving raw material input costs in line with the prior year on a constant
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