brewer sabmiller posts small rise in annual profit
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Brewer SABMiller posts small rise in annual profit

Arab Today, arab today

Arab Today, arab today Brewer SABMiller posts small rise in annual profit

London - AFP

Britain-based brewer SABMiller on Thursday announced a 4.0-percent rise in annual net profits as growth in emerging markets offset sliding beer sales across Europe. Profit after tax increased to $3.381 billion (2.474 billion euros) in the year to March 31 compared with the group's performance in 2012/13, SABMiller said in a statement. Revenue fell 4.0 percent to $22.31 billion, added the maker of the Grolsch, Peroni and Miller brands. "Trading conditions are expected to remain broadly unchanged from the year just ended, with growth continuing to be driven by our developing markets," SABMiller said after seeing success in Latin America, Africa and Asia in its last financial year. While for 2013/14, underlying pre-tax profits rose four percent at its Latin America business, they fell 10 percent for its European operations. The company meanwhile added that earnings would continue to be hit by dollar exchange rates. SABMiller said that depreciation of currencies against the dollar impacted its underlying pre-tax profits by about $400 million in 2013/14.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

brewer sabmiller posts small rise in annual profit brewer sabmiller posts small rise in annual profit

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

brewer sabmiller posts small rise in annual profit brewer sabmiller posts small rise in annual profit

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday