Comment - SABMiller: No Sign of a Foster's Turnaround
By James Wilmore | 26 July 2012
Six months in and there's still no joy for SABMiller in Australia. Despite a steady Q1 trading update today, the brewer revealed that lager volumes fell 13% at CUB, the Australian drinks arms of the Foster's group it acquired in December. That comes off the back of a 4% drop in last Q4 and a 6% drop the previous quarter.
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Six months in and there's still no joy for SABMiller in Australia. Despite a steady Q1 trading update today, the brewer revealed that lager volumes fell 13% at CUB, the Australian drinks arms of the Foster's group it acquired in December. That comes off the back of a 4% drop in last Q4 and a 6% drop the previous quarter.
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