just The Preview - SABMiller's Q4 & FY
SABMiller will release its FY results on Wednesday
SABMiller will release its full-year results on Wednesday. Here, just-drinks takes a look at the company's highs and lows over the last three months of its fiscal year.
- In February, a decision to clear SABMiller over claims that it engaged in anti-competitive behaviour in South Africa was upheld.
- The CEO of MillerCoors, the US joint-venture between SABMiller and Molson Coors, will quit the firm after four years in charge, it emerged in February.
- Also in February, SABMiller declined to comment on reports that it was considering buying into Myanmar Brewery, the country's biggest beer producer.
- In the same month, analysts questionned the likelihood of private equity group 3G Capital making a GBP75bn (US$115.4bn) bid for SABMiller.
- At the end of February, SABMiller completed a US$100m upgrade at its Ghanaian subsidiary, Accra Brewery, that has doubled capacity in the country.
- In March, the company said it would up its focus on the "huge opportunity" for mainstream spirits in Africa by targeting more countries in the continent.
- SABMiller said it was also targeting a 10% rise in sales in Africa over the next three to five years.
- At a conference in London in March, the company's CEO, Alan Clark, said the company will move away from one-country beer brands as they "slow down" business.
Canadean's "MillerCoors LLC: Consumer Packaged Goods - Company Profile & SWOT Analysis" contains in depth information and data about the company and its operations....
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