Patient is sitting up
Sometimes it makes you wonder if the sense of tact has gone out with bowler-hat-and-umbrella-brigade. How are Miller’s employees supposed to feel after SABMiller’s group chairman, the South African Jacob Meyer Kahn, compared the number 2 brewer in the US to a "patient sitting up and taking liquids"? Admittedly, the Milwaukee-based Miller Brewing Co. has not been doing too well in the past. But has Miller fared so badly to deserve such a cruel comparison? According to SABMiller’s interim statement, the group has done very well in the six months to 30 September 2003, when a 32 percent increase in adjusted earnings to USD0.35 a share was achieved.
Turnover at the second-largest beer group in the world was up 59 percent to USD6.3 billion from just under USD4 billion.1 percent..
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