Ann Crotty The SABMiller share price surged 5.8 percent to close at R395.87 yesterday, following the release of interim results that were marginally ahead of analysts’ expectations. The results, yet again, revealed the benefits of the group’s regional diversity and its focus on emerging markets. Helped by an excellent performance from its Latin American and African operations, the group managed to report a 17 percent increase in earnings before interest, tax and amortisation (Ebita) to $3.17 billion (R28.2bn). The strong demand in the group’s emerging markets again...
0 Responses to SABMiller shares rise on strong interims