just the preview - SABMiller H1
SABMiller, the global brewer, is to release an update on trading in its fiscal half-year on Thursday (19 November).
Below, we take a look at the highs and lows for the firm, owner of drinks brands such as Miller Genuine Draft, Peroni Nastro Azzurro and Grolsch, in the six months to the end of September.
- Subsidiary Ursus Breweries took full control of Bere Azuga in Romania.
- Subsidiary Southern Sudan Beverages began brewing White Bull Lager, the first beer to be produced in Sudan for more than 25 years.
- SABMiller said it would open more breweries in Africa in its current financial year.
- The brewer reported a 7% slip in full-year profits for the year to the end of March.
- SABMiller took full control of Kompania Piwowarska in Poland, while a day later confirmed it would close the Azuga brewery in Romania.
- The group announced plans to halve carbon emissions used to make a litre of beer by 2020.
- SABMiller India chief Jean-Marc Delpon de Vaux announced his departure.
- In a move lauded by analysts and investors, SABMilller said it would offer 10% of shares in its South African Breweries subsidiary to black investors.
- The UK-listed brewer said it expected flat beer volumes in Europe for its full-year.
- Alan Clark, MD of SABMiller Europe, also warned of tax rises in all the brewer's European markets.
- SABMiller announced it will build a GBP2m (US$3.3m) global research brewery in the UK city of Nottingham.
- The group reported flat lager volumes for Q1, despite rises in Africa and Asia.
- SABMiller's China joint venture, China Resources Snow Breweries, appointed SABMiller's Asia chief as its new chairman.
- The brewer took legal action against Diageo over a dispute in Tanzania.
- The firm said it would begin brewing less expensive Grolsch in Russia.
- The group has calculated its water use "footprint" for its brewing businesses in Czech Republic and South Africa, as part of efforts to cut water usage.
- SABMiller said it would build a new brewery in Namibia.
- At the end of the quarter, the firm announced a global campaign for Grolsch.
- This week, the group appointed Paolo Lanzarotti as its managing director for India.
In this month's just the Answer, we sit down with Diageo's chief marketing officer, Andy Fennell, who assumed the post in September 2008. Fennell timed his promotion to almost coincide with the econom...
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