SABMiller has today (12 April) reported a 5% rise in beer volumes during the 12 months to 31 March, despite falling sales in the US.

The London-listed brewing giant issued the trading update ahead of its full-year financial results next month. SABMiller said the volume growth - which excluded the performance from its Latin American arm, Bavaria - was in line with expectations.

Sales at Miller Brewing, however, dipped by 1%, although SABMiller pointed to growing sales of its Miller Lite brand, despite what it termed "aggressive pricing" on rival brand Bud Light.

SABMiller's operations in Poland, Russia and Romania drove a 5% rise in beer volumes in Europe, while "robust growth" in China pushed volumes from its Africa and Asia business up 14%.

The brewer added that a cool summer in South Africa had weighed on sales in its home market, which inched up 1%.

"We have seen pleasing volume growth across the group and we have also had group financial performance in line with our expectations," CFO Malcolm Wyman said in a conference call.