AFRICA: SABMiller sees slowing beer volumes - report

By | 2 April 2009

SABMiller's managing director for Africa has said that he expects lager volume growth to slow across the continent, according to a report.

In an interview yesterday (1 April), Mark Bowman told Reuters that it would keep beer volumes rising in Africa, one of its top performing regions, given that its economies are "relatively well cushioned" from the world economic slowdown.

However, he said that some "ripple effects" were inevitable.

He said that lager growth had already slowed slightly in the fourth quarter compared to a 4% rise in the three months to end December.

In January, SABMiller reported a 1% drop in global beer volumes in its third quarter, ended 31 December.

Sectors: Beer & cider

Companies: SABMiller

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