By Peter Evans
LONDON-- SABMiller PLC reported a rise in third-quarter revenue
but said its lager volumes fell as demand slackened in China.
The world's second-biggest brewer by sales after Anheuser-Busch
InBev SA said net producer revenue--which accounts for excise and
other taxes--rose 4% in the three months to Dec. 31, unchanged from
growth in the same period year earlier.
Lager volumes fell 1%. SABMiller said unfavorable weather in
China was a significant factor in the decline in volumes.
"We continued to drive steady net producer revenue growth,
notwithstanding varied local market performances, as we benefited
from the breadth of our global portfolio of businesses," said Chief
Executive Alan Clark.
Write to Peter Evans at peter.evans@wsj.com
Access Investor Kit for Anheuser-Busch InBev SA
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=BE0003793107
Access Investor Kit for SABMiller Plc
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=GB0004835483
Access Investor Kit for Anheuser-Busch InBev SA
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US03524A1088
Access Investor Kit for SABMiller Plc
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US78572M1053
Subscribe to WSJ: http://online.wsj.com?mod=djnwires