• Group Q1 sales (net producer revenue) up 6% in three months to end of June 
  • Total Q1 beverage sales (organic) rise 3%  
  • Lager volumes up 1%, driven by China, Europe, Africa 
  • Soft drinks Q1 volumes (organic) rise 10% 
The company saw a healthy rise in soft drinks volumes

The company saw a healthy rise in soft drinks volumes

SABMiller has reported a 6% lift in first quarter sales, as a strong soft drinks performance offset slow growth for lager volumes.

Alan Clark, SABMiller's CEO, said: "Strong growth in Africa, South Africa and Europe was balanced by slower momentum in North America and a reduction in NPR in Australia in difficult trading conditions.  Latin America performed well despite a number of one-off trading restrictions in Colombia."

The group said its performance was "in line with expectations".

Shares in SABMiller were this morning trading up 0.13% at GBP33.70.

For in-depth coverage of SABMiller's Q1 interim statement, click here.

Click here for an analysis of the statement.

To read the statement itself, click here.

Expert analysis

SABMiller Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

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